Tag: Vivad se Vishwas Scheme
Further extension of due date of payment under Direct Tax Vivad se Vishwas Act without additional amount MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification Notification No. 94/2021 New Delhi, the 31st August, 2021 S.O. 3536(E).—In exercise of the powers conferred by section 3 of the …
Government extends certain timelines under Income Tax Act in view of Covid-19 pandemic As per Press Release issued by the Finance Ministry on 24th April, 2021, in view of the severe Covid-19 pandemic raging unabated across the country, extended certain timelines under Income Tax Act. Various taxpayers, consultants …
Application under VSVA 2020 valid for pending appeals unless condonation of delay rejected on specified date ABCAUS Case Law CitationABCAUS 3474 (2021) (03) HC In the instant case the petitioner was aggrieved by the fact that his application filed under the provisions of the Direct Tax Vivad Se …
Extension of due date under Direct Tax Vivad se Vishwas Act, 2020 till 28th February 2021 – CBDT Notification MINISTRY OF FINANCE(Department of Revenue)CENTRAL BOARD OF DIRECT TAXES Notification No. 04/2021 New Delhi, the 31st January, 2021 S.O. 471(E).—In exercise of the powers conferred by section 3 of …
CBDT issues 34 new FAQs on Vivad se Vishwas Act. Read Circular no. 21 of 2020 CBDT 34 new FAQs on Vivad se Vishwas The Direct Tax Vivad se Vishwas Act, 2020 (Vivad se Vishwas Scheme) was enacted on 17th March, 2020. The provisions of Vivad se Vishwas …
Vivad se Vishwas – Clarification on payment without additional amount where declaration is filed on or before 31.12.2020. The condition of 15-day for payment of tax after getting certificate scrapped. F. No. IT(A)/1I2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct …
Due dates of compliances under Direct Tax Vivad se Vishwas Act notified, Dates for payments extended MINISTRY OF FINANCE(Department of Revenue) Notification No. 85/2020 New Delhi, the 27th October, 2020 S.O. 3847(E).—In exercise of the powers conferred by section 3of the Direct Tax Vivad se Vishwas Act, 2020 …
Revision u/s 263 to exclude issues settled in Vivad se Vishvas Scheme 2020. ITAT directs AO not to consider capital gains from penny stock while passing fresh order ABCAUS Case Law CitationABCAUS 3396 (2020) (09) ITAT Important case law relied upon by the parties:Price Water House vs ACIT …
CBDT revises 55 Frequently Asked Questions (FAQs) on Vivad se Vishwas Scheme. CBDT revises 55 FAQs on Vivad se Vishwas Scheme During the Union Budget, 2020 presentation, the ‘Vivad se Yishwas‘ Scheme was announced to provide for dispute resolution in respect of pending income tax litigation. Pursuant to …
Procedure for making declaration in Form-1 and furnishing undertaking in Form-2 under the Direct Tax Vivad se Vishwas Rules, 2020 Government of IndiaMinistry of FinanceCentral Board for Direct TaxDirectorate of Income Tax (Systems), New Delhi Notification No. 12 of 2020 New Delhi, the 19th March, 2020 Subject: Procedure …