https://www.taxtmi.com/caselaws?id=418734 The Court ruled in favor of the petitioner, a business owner, in a case involving the interpretation of the Direct Tax Vivad se Vishwas Act, 2020. The petitioner was allowed to settle only their appeal under the Act, excluding the Department's appeal, as clarified in Circular No.9 of 2020. The Court set aside the Department's demand for a higher amount and directed them to revise the form based on the petitioner's declaration. The Designated Authority was instructed to issue revised forms for other assessment years, allowing the Department to pursue its appeals independently. The matter was concluded without costs, based on the Act and Circular guidelines. en-us Wed, 25 Aug 2021 00:00:00 +0530 Tue, 22 Feb 2022 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418734 The Court ruled in favor of the petitioner, a business owner, in a case involving the interpretation of the Direct Tax Vivad se Vishwas Act, 2020. The petitioner was allowed to settle only their appeal under the Act, excluding the Department's appeal, as clarified in Circular No.9 of 2020. The Court set aside the Department's demand for a higher amount and directed them to revise the form based on the petitioner's declaration. The Designated Authority was instructed to issue revised forms for other assessment years, allowing the Department to pursue its appeals independently. The matter was concluded without costs, based on the Act and Circular guidelines. Case-Laws Income Tax Wed, 25 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418734