Ministry of Finance issues guidelines under the Direct Tax Vivad se Vishwas Act, 2020

Oct 28, 2020 | by Avantis RegTech Legal Research Team

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Finance & Taxation Compliance

The Ministry of Finance on October 27, 2020 has issued a notification notifying certain guidelines under the Direct Tax Vivad se Vishwas Act, 2020.

• A declaration shall be filed to the designated authority by the declarant in accordance with Section 4 for tax arrears on or before December 31, 2020. 

• Under section 3 table presented, according to table column 3, the amount shall be paid on or before March 31, 2021. 

• Under section 3 table presented, according to table column 4, the amount shall be paid on or before March 31, 2021. 

[Notification No. S.O. 3847 (E)]

 


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