Re: Appeal Dismissed by ITAT on 10/01/2020. How to file VSV

Appeal Dismissed by ITAT on 10/01/2020 on account of adjournment of hearing. How to file Vsv. While filing Vsv under whom we can treat it as deemed to be pending

Yes, a deemed appeal is pending as on the specified date i.e. January 31, 2020. Therefore, the assessee is eligible for VSVA.

VSVA has not laid any provision to compel actual filing and the same cannot be assumed. Please reefer Q.No 56 and answer  Circular No 21 /2020 dt 4 -2 2020 Q. No 56: Appeal or arbitration is pending with appellate authority as on 31 St Jan 2020 (or time for filing has not expired as on 31St Jann 2020). However, subsequent to that date, and before filing of the declaration, the appeal has been disposed by the appellate authority. Whether it is eligible under Vishwas se Vishwas? If yes, how the amount under Vivad Se Vishwas shall be computed? Answer, Yes. Amount payable under Vishwas shall be computed with reference to the position of appeal or arbitration as on 31st January, 2020

 

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