With respect to interest under section 234A, 234B or 234C, there is no appeal but the assessee has filed waiver application before the competent authority which is pending as on 31st Jan. 2020? Will such cases be covered under Vivad se Vishwas?
FAQs on Direct Tax Vivad Se Vishwas Act, 2020
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Waiver applications are not appeals, so pending waiver applications are excluded from Vivad se Vishwas coverage. Waiver applications filed by an assessee in respect of interest under the delay-interest provisions do not qualify as an appeal within the statutory ... Summary
Waiver applications are not appeals, so pending waiver applications are excluded from Vivad se Vishwas coverage.
Waiver applications filed by an assessee in respect of interest under the delay-interest provisions do not qualify as an appeal within the statutory scheme of Vivad se Vishwas; cases where such waiver applications were pending before the competent authority as of the cut-off date are therefore excluded from coverage.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
