https://www.taxtmi.com/article/detailed?id=12943 An assessee who files a declaration under the Vivad Se Vishwas Act, obtains the Designated Authority's determination and certificate, and pays the certified amount acquires a statutory finality that prevents other authorities from reopening the settled issues under general rectification powers; reopening is permissible only under the Act's specific exceptions, such as materially false particulars, violation of conditions or breach of the undertaking, which alone revive withdrawn proceedings. en-us Fri, 20 Sep 2024 10:03:58 +0530 Fri, 20 Sep 2024 10:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12943 An assessee who files a declaration under the Vivad Se Vishwas Act, obtains the Designated Authority's determination and certificate, and pays the certified amount acquires a statutory finality that prevents other authorities from reopening the settled issues under general rectification powers; reopening is permissible only under the Act's specific exceptions, such as materially false particulars, violation of conditions or breach of the undertaking, which alone revive withdrawn proceedings. Articles Income Tax Fri, 20 Sep 2024 10:03:58 +0530 https://www.taxtmi.com/article/detailed?id=12943