Whether Vivad se Vishwas can be availed in a case where the enforceability of an assessment order passed by the AO has been stayed by the High Court or Supreme Court?
FAQs on Direct Tax Vivad Se Vishwas Act, 2020
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Vivad se Vishwas can be availed despite a stay on enforceability if pending remedies are withdrawn and penalties waived. The scheme permits filing a declaration under Vivad se Vishwas despite a stay on enforceability and whether or not an appeal has been filed; the taxpayer ... Summary
Vivad se Vishwas can be availed despite a stay on enforceability if pending remedies are withdrawn and penalties waived.
The scheme permits filing a declaration under Vivad se Vishwas despite a stay on enforceability and whether or not an appeal has been filed; the taxpayer must withdraw any pending writs or appeals, and upon settlement of the quantum component interest and penalty, if any, will be waived.
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