{"id":11886,"date":"2020-07-14T08:25:26","date_gmt":"2020-07-14T08:25:26","guid":{"rendered":"http:\/\/itatonline.org\/digest\/vishwas\/as-per-form-1-2-under-vsv-the-amount-payable-for-ay-2014-15-on-disputed-tax-is-22711500-and-refund-of-a-y-2015-16-of-rs-25200000-for-a-y-1015-16-is-likely-to-be-received-and-the-same-i\/"},"modified":"2020-07-15T05:42:20","modified_gmt":"2020-07-15T05:42:20","slug":"as-per-form-1-2-under-vsv-the-amount-payable-for-ay-2014-15-on-disputed-tax-is-22711500-and-refund-of-a-y-2015-16-of-rs-25200000-for-a-y-1015-16-is-likely-to-be-received-and-the-same-i","status":"publish","type":"vishwas","link":"https:\/\/itatonline.org\/digest\/vishwas\/as-per-form-1-2-under-vsv-the-amount-payable-for-ay-2014-15-on-disputed-tax-is-22711500-and-refund-of-a-y-2015-16-of-rs-25200000-for-a-y-1015-16-is-likely-to-be-received-and-the-same-i\/","title":{"rendered":"As per form 1 &amp; 2 under VSV the amount payable for AY 2014-15 on disputed tax is 2,27,11,500\/- and refund of A.Y.2015-16 of Rs. 2,52,00,000 for A.Y. 1015-16 is likely to be received and the same is to be adjusted against demand of AY 2014-15 .There is no coloumn in Form 1 and 2 for the adjustment of the refund against the demand for the year for which VSV is opted.What is the remedy?"},"content":{"rendered":"<p>As per form 1 and 2 of VSV the amount payable before 31\/12\/2020 works out to Rs.2,27,11,500\/-.How ever as per Rectification order for AY 2015-16 there is refund of Rs.2,52,00,000\/-.So as per scheme there will be refund of Rs. 24,88,500\/-.However there is no coloumn in the form 1 &amp; 2 for adjustment of refund.What is the remedy?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As per form 1 and 2 of VSV the amount payable before 31\/12\/2020 works out to Rs.2,27,11,500\/-.How ever as per Rectification order for AY 2015-16 there is refund of Rs.2,52,00,000\/-.So as per scheme there will be refund of Rs. 24,88,500\/-.However there is no coloumn in the form 1 &amp; 2 for adjustment of refund.What is the remedy?<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/vishwas\/as-per-form-1-2-under-vsv-the-amount-payable-for-ay-2014-15-on-disputed-tax-is-22711500-and-refund-of-a-y-2015-16-of-rs-25200000-for-a-y-1015-16-is-likely-to-be-received-and-the-same-i\/\">read more<\/a><\/p>","protected":false},"comment_status":"open","ping_status":"closed","template":"","tags":[],"expertname":[6],"class_list":["post-11886","vishwas","type-vishwas","status-publish","hentry","expertname-dr-k-shivaram-sr-advocate"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas\/11886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/vishwas"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/vishwas"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=11886"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=11886"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=11886"},{"taxonomy":"expertname","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/expertname?post=11886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}