Re: Vivad Se Vishwas Scheme
Addition u/s 14A was made in Original Assessment Order us 143(3) say for Rs. 50 Lakhs.
Subsequently same addition of Rs. 50.00 Lakhs was repeated in Assessment Order u/s 143(3) r.w. 153(3).
As per the present scheme addition for multiple orders for the same assessment year can be offered under the Scheme.
As per Q 19 of Clarification dated 22.04.2020 if multiple orders are being settled disputed tax will aggregate amount of tax in both the appeals i.e Rs. 1.00 Crores instead of addition of Rs. 50.00 Lakhs in both the order for same ground.
This will lead to double taxation of same addition for the same ground for the same assessment year.
If first order is pending in appeal and the said order is settled, the second order may not survive . The designated authority may not charge once again on addition of Rs 50 crores. One may write to the Board for further clarification
Leave a Reply