CBDT issues further clarification on provisions of the Direct Tax Vivad se Vishwas Act, 2020

Last updated: 18 May 2020


1. During the Union Budget, 2020 presentation, the Vivad se Vishwas Scheme was announced to provide for dispute resolution in respect of pending income tax litigation. Pursuant to Budgetannouncement, the Direct Tax Vivad Sc Vishwas Bill, 2020 (theBill)was introduced in the Lok Sabha on 5th Feb, 2020
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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