Taxpayer Eligible for Vivad Se Vishwas Scheme on Disputed Interest: Madras HC

Tvl. Sanmac Mootor Finance Ltd. Vs Central Board of Income Tax (Madras High Court)

In a significant decision regarding the interpretation of the Direct Tax Vivad Se Vishwas Act, 2020 (VSV Act), the Madras High Court has ruled that a taxpayer is eligible to avail the scheme’s benefits for disputed interest, even if the challenge to the interest demand was pending before the court in a writ

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