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Sunday, December 6, 2020

[ACCA_Profs] Vivad Se Vishwas Scheme: Nuances Of Latest CBDT Circular No. 21 Of 2020 Explained

 

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Dear Subscriber,

The following important updates are available at itatonline.org:

The Direct Tax Vivad Se Vishwas Act, 2020: CBDT Circular No. 21 Of 2020 – Better Late Than Never

Advocate Shashi Bekal has appreciated the efforts of the CBDT in issuing Circular No. 21 of 2020 and clarifying the several doubts that tax professionals and taxpayers had with regard to The Direct Tax Vivad Se Vishwas Act, 2020. The ld. author has explained the salient points of the Circular in a succinct manner. He has suggested that the CBDT may consider appointing a Centralised Nodal Officer in each city to speedily resolve any incremental difficulties that may arise


Regards,

 

Editor,

 

itatonline.org

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Latest:

CBDT Circular No. 21/20: Further Clarifications On Vivad Se Vishwas Act, 2020

The CBDT has vide Circular No. 21/2020 dated 4th December 2020 provided clarifications to several important queries which were raised by tax professionals and taxpayers. The clarifications are in the form of answers to frequently asked questions (FAQs) on issues and will prove to be immensely useful for all taxpayers desirous of settling their pending income tax litigation

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