The assessee has filed the declaration for settling the levy of interests levied under section 234A, 234B and 234C of the\u00a0 Act .\u00a0 There was delay in filing of the appeal however the delay was condoned . The declaration was rejected on the ground that\u00a0 the tax arrears does not include interest payable under the 1961 Act\u00a0 On writ the Court held that the assessee was eligible to file the declaration under the 2020 Act for the disputed interest that was charged under section\u00a0234A\u00a0or section\u00a0234B\u00a0or section\u00a0234C\u00a0of the 1961 Act. There is no provision in the 2020 Act to exclude interest charged under sections\u00a0234A\u00a0,\u00a0234B\u00a0and\u00a0234C\u00a0of the 1961 Act. The designated authority was, therefore, not correct in rejecting the declaration of the assessee. The delay was condoned by the CIT (A) hence the rejection order\u00a0 passed by the PCIT was bad in law and he\u00a0 was directed to process the declaration filed by the asseessee under the 2020 Act . \u00a0(AY.2012-13)<\/p>\n
\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Direct Tax Vivad Se Vishwas Act, 2020<\/p>\n S. 4 : Filing of declaration and particulars to be furnished – Tax arrears \u2014 Interest not excluded \u2014 Charge of interests \u2013 Rejection of declaration was held to be not valid \u2013 Delay was condoned and communication was issued \u2013 Rejection of declaration was held to be erroneous . [ ITACT , S. 234A, 234B , 234C , Art , 226 ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-24616","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6p2","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=24616"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24616\/revisions"}],"predecessor-version":[{"id":26482,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24616\/revisions\/26482"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=24616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=24616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}