Whether the immunity from prosecution is only for the declarant or also for the Director of the company or partner of the firm with respect to the issues settled under Vivad se Vishwas?
FAQs on Direct Tax Vivad Se Vishwas Act, 2020
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Immunity from prosecution extends to company directors and partners for issues settled under Vivad se Vishwas. Immunity from prosecution for issues settled under Vivad se Vishwas extends beyond the declarant to encompass the company director or firm partner who is the declarant in relation to the same settled issue, aligning personal liability exposure of directors and partners with the immunity accorded to the declarant.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Immunity from prosecution extends to company directors and partners for issues settled under Vivad se Vishwas.
Immunity from prosecution for issues settled under Vivad se Vishwas extends beyond the declarant to encompass the company director or firm partner who is the declarant in relation to the same settled issue, aligning personal liability exposure of directors and partners with the immunity accorded to the declarant.
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