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WEBINAR ON THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020

December 11 @ 5:00 pm - 8:00 pm

In the Union Budget of 2019, the Government introduced ‘Sabka Vishwas Scheme’ with a view to reduce litigation in indirect taxes. This scheme was very effective and over 1,89,000 taxpayers resolved their cases pending across all forums. Similarly, in direct taxed ‘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.

This should give encouragement and cheer to all taxpayers, as it would give finality to litigation. The Act also provides for savings in terms of time and resources. At the same time, it would bring immediate revenue to the Government.

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 update 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 followed by a Q&A session:-

Date & Day : Friday, 11th December, 2020
Time : 5.00 pm – 7.00 pm
Topic : Discussion on Direct Tax Vivad Se Vishwas Act, 2020 and Q&A session
Speaker : Adv. Dharan Gandhi
Time : 7.00 pm – 8.00 pm
Topic : Procedure & Practical Issues in filing Forms under Direct Tax Vivad Se Vishwas Act, 2020
Speaker : CA Vinodkumar Jain

Participation Fees :
CTC Members:- Rs. 300/- + Rs. 54/- (GST) = Rs. 354/-
Non-Members:- Rs. 500/- + Rs. 90/- (GST) = Rs. 590/-

Participation Fees to be paid online on the website. CLICK HERE to make the payment.

 

 

Details

Date:
December 11
Time:
5:00 pm - 8:00 pm