Once declaration is filed under Vivad se Vishwas, and for financial difficulties, payment is not made accordingly, will the declaration be null and void?
FAQs on Direct Tax Vivad Se Vishwas Act, 2020
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Vivad Se Vishwas declaration becomes void if the mandated payment is not made due to financial difficulties. A declaration filed under the Vivad Se Vishwas scheme requires payment as a condition of its validity; if the required payment is not made, including when ... Summary
Vivad Se Vishwas declaration becomes void if the mandated payment is not made due to financial difficulties.
A declaration filed under the Vivad Se Vishwas scheme requires payment as a condition of its validity; if the required payment is not made, including when non-payment is due to financial difficulties, the declaration is rendered void and does not produce the intended settling effect.
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