Once declaration is filed by assessee u/s 4 of Vivad se Vishwas can the same be revised? If Yes, at what stage of the proceedings will the same be allowed ?
FAQs on Direct Tax Vivad Se Vishwas Act, 2020
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Revision of Vivad se Vishwas declaration permitted until the designated authority issues its certificate under section 5(1). Revision of declarations filed under the Vivad se Vishwas framework is permissible; an assessee may revise a submitted declaration any number of times prior to the issuance of a certificate by the designated authority, and the opportunity to amend ceases once that certificate is issued.
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.
Revision of Vivad se Vishwas declaration permitted until the designated authority issues its certificate under section 5(1).
Revision of declarations filed under the Vivad se Vishwas framework is permissible; an assessee may revise a submitted declaration any number of times prior to the issuance of a certificate by the designated authority, and the opportunity to amend ceases once that certificate is issued.
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