https://www.taxtmi.com/circulars?id=63512 The circular explains Vivad se Vishwas as a voluntary settlement framework covering specified pending income-tax appeals, writs, DRP matters, revision applications and arbitral proceedings, while excluding certain categories; it prescribes calculation of disputed tax (including adjustments for rectifications and prior payments), tiered percentage payments depending on timing and case-type, credit for taxes already paid, DA determination and certification procedures, non-refundability of payments, withdrawal and adjustment mechanics, waiver of interest and penalty on settled arrears, and immunity from prosecution, without treating settlement as concession of the tax position. en-us Wed, 04 Mar 2020 00:00:00 +0530 Fri, 06 Mar 2020 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63512 The circular explains Vivad se Vishwas as a voluntary settlement framework covering specified pending income-tax appeals, writs, DRP matters, revision applications and arbitral proceedings, while excluding certain categories; it prescribes calculation of disputed tax (including adjustments for rectifications and prior payments), tiered percentage payments depending on timing and case-type, credit for taxes already paid, DA determination and certification procedures, non-refundability of payments, withdrawal and adjustment mechanics, waiver of interest and penalty on settled arrears, and immunity from prosecution, without treating settlement as concession of the tax position. Circulars Income Tax Wed, 04 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63512