DTVVS-2020

[MANOHAR KALBURGI]

Hi Sir/Madam

We have a dispute in relation to 234E and we satisfy all the conditions to go under DTVVS-2020 and my doubt is that since the Finance Minister has postponed for the payment of such disputed interest till 31st Dec 2020 and is it for at 25% or 30% ? or should we pay at 30% on disputed interest if we pay within 30 Dec 2020 or only 25% payable on such disputed interest if we pay on or before 30 Dec 2020?

Please provide your opinion

Thanks in advance

[SIVARAMA KUMAR]

3. Further amendment announced by Hon’ble Finance Minister on 13th May, 2020 in her Press conference:

“…Now without any additional amount which is to be paid, in total the whole Vivad se Vishwas Scheme is getting extended upto 31st December, 2020 and for this extension no extra payment is being asked…

[MANOHAR KALBURGI]

Thank you for your opinion !

AI Summary

Vivad se Vishwas scheme extension confirmed with no additional payment required for claims under the scheme. The query asked whether disputed interest under the Vivad Se Vishwas Scheme must be paid at a specified reduced rate if paid by the scheme cutoff. The reply records the Finance Minister's announcement extending the scheme to 31st December, 2020 and stating that the extension is granted without any additional amount to be paid, without stating a revised percentage for disputed interest.