Withdrawn Appeal Under Vivad se Vishwas: Vimal Kumar Malu vs. ITO Ward-34(1) for AY 2015-16

Case Overview

ITA No. 3848/DEL/2019 addressed the appeal of Vimal Kumar Malu against the income tax assessment by ITO Ward-34(1), New Delhi for the assessment year 2015-16.

Background

The appeal was filed against the Commissioner of Income Tax (Appeals) order dated December 5, 2018. The main contention revolved around the assessment order passed on the same day by the Assessing Officer under Section 143(3) of the Income Tax Act, 1961.

Decision to Withdraw

Vimal Kumar Malu decided to withdraw the appeal, choosing to avail the benefits of the Vivad se Vishwas Scheme, 2020. This decision was facilitated by the submission of a formal request to the tribunal, stating his intention to not pursue the case further under the scheme.

Legal Implications

The tribunal noted that the Departmental Representative had no objections to the withdrawal. The appeal was formally dismissed as withdrawn, with provisions allowing for potential restoration under certain conditions if the benefits of the scheme could not be availed for bona fide reasons.

Conclusion

The tribunal’s acceptance of the withdrawal showcases the impact of the Vivad se Vishwas Scheme on reducing litigation and providing taxpayers a means to settle disputes amicably. The case was closed with the dismissal of the appeal on May 12, 2022.

Withdrawn Appeal Under Vivad se Vishwas: Vimal Kumar Malu vs. ITO Ward-34(1) for AY 2015-16