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Query asked by R. Team on April 3, 2020

Re: Revision notice u/s 263

In a case, where section 263 revision notice is issued to the taxpayer and no revision order has been passed till 31 January 2020 but is passed later (say 15 February 2020 ie before filling the VSV declaration). Whether such an order is eligible for settlement under the VSV scheme?

Answered by

Notice under section 263, is specifically not covered within definition of Appellant under section 2(1)(a) of the VSV, Act


 

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