When assessee settles his own appeal or arbitration under Vivad se Vishwas, will consequential relief be available to the deductor in default from liability determined under TDS order U/S 201?

Consequential relief for TDS deductor: assessee settlement relieves TDS payment but interest liability remains and may be settled.

Where an assessee settles his own appeal or arbitration under Vivad se Vishwas in respect of income not subjected to TDS, a deductor in default against whom an order under section 201 has been passed is not required to pay the corresponding TDS amount. The deductor remains liable to pay interest under sub section (1A) of section 201, and if that interest dispute qualifies for Vivad se Vishwas, the deductor can settle the disputed interest by filing the relevant schedule and following the scheme's settlement proportions.