WEBINAR ON THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 (Recent Circular No. 21/2020 dt. 04.12.2020 will also be covered)

‘The Vivad se Vishwas Bill’ was introduced in the Lok Sabha on 5th February, 2020. The intention of the Legislature in introducing Vivad se Vishwas Act is to reduce pending income tax litigation and at the same time put an end to prolonged litigation. The waiver of interest, penalty and as a consequence, waiver of prosecution, are the direct benefits that an assessee will get immediately once his case is settled under the Act.

Considering the grip of Corona virus in the Country, the Government announced that the “period of Vivad se Vishwas Act for making payment without additional amount will be extended to 31st March, 2021”. Consequently, this extension will now bring much relief to the tax payers and will enable more people to take benefit and advantage of the Act.

With a view to refresh ourselves and to understand the insights & issues of the Direct Tax Vivad Se Vishwas Act, 2020; Chamber has organized a detailed workshop on Direct Tax Vivad Se Vishwas Act, 2020 to understand the technical and procedural aspect:-