https://www.taxtmi.com/caselaws?id=412978 The court set aside Form No. 3 issued under the Direct Tax Vivad se Vishwas Act, 2020, and directed the issuance of a revised form within one week. The petitioner's challenge regarding the entitlement to interest under Section 244A of the Income Tax Act, 1961 was upheld, clarifying that the interest paid was not part of the disputed tax and therefore not payable by the petitioner. The court emphasized that the restriction on interest under Section 244A applies only when the tax paid exceeds the amount payable under the VSV Act. en-us Wed, 15 Sep 2021 00:00:00 +0530 Wed, 23 Feb 2022 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412978 The court set aside Form No. 3 issued under the Direct Tax Vivad se Vishwas Act, 2020, and directed the issuance of a revised form within one week. The petitioner's challenge regarding the entitlement to interest under Section 244A of the Income Tax Act, 1961 was upheld, clarifying that the interest paid was not part of the disputed tax and therefore not payable by the petitioner. The court emphasized that the restriction on interest under Section 244A applies only when the tax paid exceeds the amount payable under the VSV Act. Case-Laws Income Tax Wed, 15 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412978