SVLDR Scheme covers not only tax but it also covers interest and penalty

Deelight Fortune Private Limited Vs Union of India (Bombay High Court) Bombay High Court held that SVLDR Scheme covers not only tax but also interest, penalty. Hence, declaration under SVLDR in respect of notice issued for interest duly allowable. Facts- The Petitioner had given its commercial premises on leave and license basis to tenants from time to time. Vide Finance Act, 2010, Section 65(105)(zzzz) of the Finance Act, 1994, was amended wherein renting of property was made taxable with effect from 1 June 2007. Petitioner had applied and obtained Service Tax Registration from 16 June 2011 u...