TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Sabka Vishwas Scheme Offers Up to 70% Relief for Tax Disputes Under Clause 123 of Finance Bill 2019</h1> The Sabka Vishwas Legacy Dispute Resolution Scheme, 2019, outlined in Clause 123 of the Finance (No. 2) Bill, 2019, offers relief for tax disputes under certain conditions. For pending cases as of June 30, 2019, relief ranges from 40% to 70% based on the amount of tax dues. Full relief is available for late fees or penalties if the duty is paid. No relief is granted for voluntary disclosures. Pre-deposits are deducted from payable amounts, with no refunds for excess pre-deposits. The scheme aims to resolve past Central Excise and Service Tax disputes and promote tax compliance.
TaxTMI 
TaxTMI 
