Bombay HC Allows SVLDR Benefit Where Liability Was Quantified Earlier

Venture Professional Hospitality Pvt. Ltd. Vs Union of India (Bombay High Court) Liberal Interpretation of SVLDR Scheme and Importance of Pre-Cut-Off Quantification: A Pragmatic Approach by the Bombay High Court Bombay High Court Delivers Landmark Victory for Taxpayer in SVLDR Scheme Dispute; Advocate Shreyas Shivastva and Saurabh Mashelkar Secures Relief In a significant judgment for the hospitality sector and tax litigants, the Bombay High Court has ruled in favor of M/S Venture Professional Hospitality Pvt. Ltd., quashing an arbitrary rejection of their tax dispute settlement declaration. T...