https://www.taxtmi.com/caselaws?id=447720 The Telangana HC allowed a writ petition challenging denial of benefits under the Direct Tax Vivad Se Vishwas Act, 2020. The petitioner had paid 75% of the tax amount by the deadline and cleared the remaining 25% within 60 days during COVID pandemic period. Following precedents from Rajasthan HC and Delhi HC, the court held that the delay was bona fide given pandemic circumstances and the petitioner's genuine intent to pay. The court directed respondent to issue Form 5 under the scheme, requiring petitioner to pay interest for the delayed period within 30 days. en-us Wed, 27 Dec 2023 00:00:00 +0530 Fri, 12 Jul 2024 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447720 The Telangana HC allowed a writ petition challenging denial of benefits under the Direct Tax Vivad Se Vishwas Act, 2020. The petitioner had paid 75% of the tax amount by the deadline and cleared the remaining 25% within 60 days during COVID pandemic period. Following precedents from Rajasthan HC and Delhi HC, the court held that the delay was bona fide given pandemic circumstances and the petitioner's genuine intent to pay. The court directed respondent to issue Form 5 under the scheme, requiring petitioner to pay interest for the delayed period within 30 days. Case-Laws Income Tax Wed, 27 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447720