An assessee has incurrent substatial loss in the business operations while framing the assessment loss has been reduced inrespect of amount of server storage charges remitted to USA entity alleging failure to deduct withholding tax for the remittance US firm. The appel has been filed before CIT and te same is pending since 01.10.2019. There was no order for penalty for non deduction of withholding tax as on date hence no appeal has been preferred. The issue is whether in case the assessee opts for settlement under Viwad se viswas scheme whether withholding tax for server storage has to be remitted to the departmnet. Will the same be insisted for giving effect to the scheme<\/p>\n","protected":false},"excerpt":{"rendered":"
An assessee has incurrent substatial loss in the business operations while framing the assessment loss has been reduced inrespect of amount of server storage charges remitted to USA entity alleging failure to deduct withholding tax for the remittance US firm. The appel has been filed before CIT and te same is pending since 01.10.2019. There was no order for penalty for non deduction of withholding tax as on date hence no appeal has been preferred. The issue is whether in case the assessee opts for settlement under Viwad se viswas scheme whether withholding tax for server storage has to be remitted to the departmnet. Will the same be insisted for giving effect to the scheme<\/p>\n