https://www.taxtmi.com/circulars?id=63777 The Direct Tax Vivad Se Vishwas Act, 2020 enables final settlement of specified pending income tax disputes by filing a declaration and paying an amount determined by the Designated Authority; covered matters include appeals, writs, SLPs, DRP proceedings, revision applications and arbitrations where total income is determined, subject to exclusions for certain AAR matters, search related thresholds and instituted prosecutions. The DA computes disputed tax, credits prior payments, issues a certificate, and upon payment the DA's order waives specified interest and penalties and bars further proceedings in respect of the settled tax arrears. en-us Wed, 22 Apr 2020 00:00:00 +0530 Mon, 27 Apr 2020 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63777 The Direct Tax Vivad Se Vishwas Act, 2020 enables final settlement of specified pending income tax disputes by filing a declaration and paying an amount determined by the Designated Authority; covered matters include appeals, writs, SLPs, DRP proceedings, revision applications and arbitrations where total income is determined, subject to exclusions for certain AAR matters, search related thresholds and instituted prosecutions. The DA computes disputed tax, credits prior payments, issues a certificate, and upon payment the DA's order waives specified interest and penalties and bars further proceedings in respect of the settled tax arrears. Circulars Income Tax Wed, 22 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63777