DTVSV Benefit Rejection Over pending Non-Tax Arrears Prosecution Unjustified

Pragati Pre Fab India Pvt Ltd Vs PCIT (Bombay High Court) Bombay High Court held that rejection of benefit under Direct Tax Vivad Se Vishwas Act 2020 (DTVSV) unjustified as pendency of prosecution was in respect of any issue and not in respect of tax arrears. Facts- Petitioner seeks to challenge the rejection by respondent of the declaration filed on 31st January 2021 under the Direct Tax Vivad Se Vishwas Act 2020 (DTVSV Act). The reason for rejection was that As per report submitted by Assessing Officer and Range Head the assessee company is not eligible for VSV scheme, as prosecution has bee...