Criminal Charges for delayed tax payment Persist Despite Vivad Se Vishwas Scheme: SC

PCIT Vs Macrotech Developers Ltd. (Supreme Court of India) Introduction: In a recent judgment, the Supreme Court of India addressed the issue of whether criminal charges related to delayed payment of self-assessment tax should persist despite the approval of an application under the Direct Tax Vivad Se Vishwas Act, 2020. The case, PCIT vs. Macrotech Developers Ltd., raised significant questions regarding the interplay between the Vivad Se Vishwas Scheme and ongoing criminal prosecutions. This article provides an in-depth analysis of the Supreme Court’s ruling on this matter. Background o...