https://www.taxtmi.com/caselaws?id=429602 The court ruled in favor of the petitioner, holding that the appeal was eligible to settle under the Vivad Se Vishwas Scheme (VSV Scheme) despite being filed after the limitation period. The court interpreted "pending" in Section 2(1)(a) of the VSV Act broadly, stating that an appeal remains pending from filing to disposal, regardless of admission status. The court invalidated FAQ-59 of Circular No.21/2020 issued by CBDT, emphasizing that circulars should not prejudice taxpayers. The court directed the respondent to treat the appeal as pending and settle both the quantum and penalty appeals within eight weeks. en-us Fri, 28 Oct 2022 00:00:00 +0530 Tue, 01 Nov 2022 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429602 The court ruled in favor of the petitioner, holding that the appeal was eligible to settle under the Vivad Se Vishwas Scheme (VSV Scheme) despite being filed after the limitation period. The court interpreted "pending" in Section 2(1)(a) of the VSV Act broadly, stating that an appeal remains pending from filing to disposal, regardless of admission status. The court invalidated FAQ-59 of Circular No.21/2020 issued by CBDT, emphasizing that circulars should not prejudice taxpayers. The court directed the respondent to treat the appeal as pending and settle both the quantum and penalty appeals within eight weeks. Case-Laws Income Tax Fri, 28 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429602