Is the interest u/s 220(1) of the Act also waived on settlement of the disputes?

What if the penalty issue is already in favour of the assessee by an order of superior authority, will the assessee qualify for the 50% payment criteria?

Where the time limit to file appeal has not expired against the penalty order, can one fall under the scheme?

Can one continue to dispute the quantum additions and settle the penalty appeal?

In case if there is difference in amount intimated by DA and amount declared by the taxpayer under declaration, what is likely to be remedy available to the taxpayer? Will there be any scope for email communication with DA to explain the difference?

If CIT(A) has passed on order giving partial relief and appeal effect is yet to be given as on 31 January 2020 (say given on 15 February ie before filing the VSV declaration). Assessee has filed appeal before the ITAT after 31 January 2020 but before filing of declaration. Whether such an appeal can be settled under the VSV scheme?

Where one of the addition made is in respect of undisclosed foreign assets, does one settle the dispute for the remaining issues or one cannot settle such dispute?

Whether amount payable under VSV by settling the appeal will be considered as “tax paid” under the DTAA and the taxpayer in foreign country will be able to take tax credit of the same?

Whether VSV Scheme can be availed where proceedings are pending before Mutual Agreement Procedure (MAP) authorities?

Whether VSV Scheme can be availed where proceedings are pending before Settlement Commission?