Quantum Appeal is pending before ITAT. Meanwhile penalty u\/s 271(1)(c) was levied by AO in respect of additions contested before ITAT and appeal against the same is also pending before CIT(A). Thereafter, AO passed order levying interest u\/s 220 in respect of demand outstanding (Tax + Interest + Penalty). Waiver petition against the order levying interest u\/s 220 is pending before Pr. CIT.<\/p>\n
Now, while reporting in declaration in form 1 under VSV, whether the interest charged on disputed tax (Part F, Schedule-I, Column G) shall include interest u\/s 220 along with int. u\/s 234A\/B\/C?<\/p>\n
Whether interest levied u\/s 220 shall also be waived?<\/p>\n","protected":false},"excerpt":{"rendered":"
Quantum Appeal is pending before ITAT. Meanwhile penalty u\/s 271(1)(c) was levied by AO in respect of additions contested before ITAT and appeal against the same is also pending before CIT(A). Thereafter, AO passed order levying interest u\/s 220 in respect of demand outstanding (Tax + Interest + Penalty). Waiver petition against the order levying interest u\/s 220 is pending before Pr. CIT. Now, while reporting in declaration in form 1 under VSV, whether the interest charged on disputed tax (Part F, Schedule-I, Column G) shall include interest u\/s 220 along with int. u\/s 234A\/B\/C? Whether interest levied u\/s 220 shall also be waived?<\/p>\n