Separate orders were passed u/s 201(1) & 201(1 A) of the Act for a particular assessment year. Assessee has filed two separate appeals for principal portion u/s 201(1) of the Act and interest portion u/s 201(1A) of the Act. Can he file only one declaration under Vivad se Vishwas against 201(1) order and seek 100% waiver of interest levied u/s 201(1A)of the Act ?

Vivad se Vishwas secures waiver of interest when an appeal against the principal tax order is settled under the scheme.

Where an appeal against the principal tax demand is settled under Vivad se Vishwas, the interest component levied under the separate interest order in respect of the same assessment is waived in full, even if distinct appeals were filed separately for principal and interest.