CBDT fixes Vivad Se Vishwas Scheme target for field officers as 100% disputed tax demand cases fulfilling eligibility condition
The Direct Tax Vivad Se Vishwas Bill, 2020 has been introduced in the Parliament. The scheme will come in force after enactment of the Bill.
Earlier CBDT had conveyed that the performance of field officers in respect of ‘Vivad Se Vishwas Scheme‘ shall be an essential factor in finalising their Annual Performance Appraisal Reports (APARs) and shall also be an important factor in determining their future postings.
Accordingly , CBDT has fixed the targets to be achieved by the field officers in respect of ‘Vivad Se Vishwas Scheme’
To assess the performance of the field officers, the target has been fixed at 100% of the cases with disputed tax demand which fulfil the eligibility conditions under the said scheme.
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- Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information
- Mutual Funds to value physical Gold and Silver by using the polled spot prices
- SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor
- Merely because sales were declared for only one month, same cannot be treated as bogus
