vivad bill

Income Tax

Can assessee avail Vivad se Vishwas scheme for some of the issues and not for other issues in a pending appeal?

Under the proposed Vivad Se Vishwas scheme, a taxpayer would be required to pay only the amount of the disputed taxes and will get complete waiver of interest and penalty provided he pays by...

CA Nilisha Shah - March 13, 2020

Income Tax

The taxpayer get a refund under Vivad Se Vishwas Scheme if more tax already paid?

Under the proposed Vivad Se Vishwas Scheme, a taxpayer would be required to pay only the amount of the disputed taxes and will get complete waiver of interest and penalty provided he pays by...

CA Nilisha Shah - March 13, 2020

Income Tax

Amount Payable by Declarant under Vivad se Vishwas Scheme

On February 5, the Honourable Finance Minister Mrs. Nirmala Sitharaman introduced ‘Vivad Se Vishwas’ Bill , within a few days of its announcement of the Finance Budget. It aims to provide for resolution of...