Re: Filling of Form 1
For AY 2011-12, Quantum appeal is pending before ITAT and Penalty appeal is pending before CIT (A). Whether tax is to be paid under Vivad scheme for quantum demand only, or to pay for penalty also.
Also in the Form 1 penalty particular to be shown separate or in same row of ITAT appeal demand
Under VSVA, penalty and interest are waived. Therefore the declarant has to only pay the disputed tax amount. The same has also been clarified in FAQ No. 8 of CBDT Circular 9 of 2020 dated April 22, 2020.
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