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Income Tax - Highlights / Catch Notes

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Benefits under the VsV Act [Vivad Se Vishwas Act] denied - The ...


Court Orders Acceptance of Declaration Under Vivad Se Vishwas Act; Emphasizes Compliance and Resolving Technical Issues.

January 29, 2024

Case Laws     Income Tax     HC

Benefits under the VsV Act [Vivad Se Vishwas Act] denied - The court directed the respondents to accept the petitioner's declaration under the VsV Act, subject to the petitioner paying the balance amount - The decision acknowledges the petitioner's efforts to comply with the VsV Act and addresses technical glitches and errors by the respondents, reflecting the VsV Act's objective to reduce tax litigation and generate revenue efficiently. - HC

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