This article delves into the circumstances surrounding Natasha Kohli’s withdrawal of her appeal against the DCIT, Central Circle-8, New Delhi, for the assessment year 2009-10. The case was concluded under the Vivad Se Vishwas Scheme, aimed at reducing litigation in direct tax disputes.
The appeal pertained to a series of tax disputes for assessment years from 2008-09 to 2013-14, challenged against the orders by the CIT(A) -24, New Delhi. The decision to withdraw these appeals stemmed from the assessee’s choice to opt for the Vivad Se Vishwas Scheme, which allows for amicable dispute resolution without further litigation.
Presided over by Shri G.S. Pannu, Vice President, and Shri K.N. Chary, Judicial Member, the tribunal accepted the withdrawal after verification of the compliance with the Vivad Se Vishwas Act, evidenced by a certificate filed under Section 5(1) of the Act. This certificate substantiated the assessee’s commitment to resolving the dispute under the scheme’s guidelines.
The withdrawal of the appeal signifies a strategic decision by the assessee to leverage the benefits of the Vivad Se Vishwas Scheme, potentially leading to a quicker resolution and reduced legal expenditures. This case highlights the scheme’s role in facilitating efficient tax dispute resolutions and reducing the backlog of cases in Indian tax tribunals.
Withdrawal of Appeal Under Vivad Se Vishwas Scheme: Natasha Kohli vs DCIT for AY 2009-10
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