Addition was made u/s 143(3) on two issues whereas appeal filed only for one addition. Whether interest and penalty be waived for both additions ? https://www.taxtmi.com/manuals?id=3295 Under the Vivad se Vishwas scheme, the waiver of interest and penalty applies only to the specific issue that is contested in appeal and for which a declaration is filed; undisputed additions or issues without a declaration remain liable for tax, interest and penalty. en-us Fri, 01 Dec 2023 15:18:00 +0530 Fri, 01 Dec 2023 15:18:00 +0530 TaxTMI RSS Generator Addition was made u/s 143(3) on two issues whereas appeal filed only for one addition. Whether interest and penalty be waived for both additions ? https://www.taxtmi.com/manuals?id=3295 Under the Vivad se Vishwas scheme, the waiver of interest and penalty applies only to the specific issue that is contested in appeal and for which a declaration is filed; undisputed additions or issues without a declaration remain liable for tax, interest and penalty. Manuals Income Tax Fri, 01 Dec 2023 15:18:00 +0530 https://www.taxtmi.com/manuals?id=3295