The AO adjusted tax payable under Vivad Se Vishwas (VSV) Scheme while passing rectification order u\/s 154 for correction of mistakes in the assessment order and calculated refund. This rectification order was passed after assessee filed Form 1 and 2 of VSV Scheme.<\/p>\n
The DA has now issued Form 3 showing ‘0’ amount in Tax payable arrear and Amount payable under DTVSV.<\/p>\n
Since department has already recovered tax payable in DTVSV in rectification order passed u\/s 154, should the assessee file a rectification of Form 3 so that the tax paid in VSV is correctly shown in Form 3 and Form 5.<\/p>\n","protected":false},"excerpt":{"rendered":"
The AO adjusted tax payable under Vivad Se Vishwas (VSV) Scheme while passing rectification order u\/s 154 for correction of mistakes in the assessment order and calculated refund. This rectification order was passed after assessee filed Form 1 and 2 of VSV Scheme. The DA has now issued Form 3 showing ‘0’ amount in Tax payable arrear and Amount payable under DTVSV. Since department has already recovered tax payable in DTVSV in rectification order passed u\/s 154, should the assessee file a rectification of Form 3 so that the tax paid in VSV is correctly shown in Form 3 and Form 5.<\/p>\n