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Query asked by SHAILESH PREMJI DEDHIA on September 19, 2020

Re: vivad se vishwas

AY 2012-13
Tax Paid
Interest Paid
Penalty Levied Rs. 931007
Appeal filed on 26-03-2018
seeking removal of penaty
Part Payment Paid (20%) Rs. 186250 and appeal admiited.
no action till date

Now how much to pay in vivad se vishwas scheme 2020

The assessee will have to only pay the disputed tax amount under Vivad se Vishwas. The payment made earlier would be adjusted against the tax payable. Interest and Penalty would be waived off.  Please refer Q.No 9 and answer  and Q. No 29 and answer thereon (   F.NO IT(A) 1/ 2020-TPL  Circular  No  9 /2020 dt 22 nd April 2020 )  https://itatonline.org/info/wp-content/uploads/2020/04/CBDT-Circular-9-Vivad-Vishwas.pdf

 


 

2 comments on “vivad se vishwas
  1. SHAILESH PREMJI DEDHIA says:

    whether the scheme is started ?
    how to find jurisdiction ?

  2. KEEN OBSERVER says:

    The above seems only penalty issue case and not assessment case.So VSV on penalty be done and credit of 20 pc already paid would be allowed.

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