Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Understanding 'Disputed Tax' in Direct Tax Vivad se Vishwas Scheme 2024: Key Rules for Pending Cases and Tax Credits</h1> 'Disputed Tax' under the Direct Tax Vivad se Vishwas Scheme, 2024, refers to the income tax, including surcharge and cess, payable by an appellant for a specific assessment or financial year. It applies to cases where appeals, writs, or petitions are pending, objections are before the Dispute Resolution Panel, or revision applications are under consideration. The tax amount is determined based on hypothetical unfavorable outcomes of these proceedings. Appellants can choose to include or carry forward tax credits or losses related to sections 115JAA or 115JD of the Income-tax Act in their disputed tax calculations.