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sabka vikas scheme, Other Topics

Issue Id: - 115524
Dated: 12-10-2019
By:- Richa Goyal
sabka vikas scheme

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Sir

The assessee has already paid the whole duty and interest at the time of audit. But the OIA has been passed confirming the penalty amount . .. the time for filling the appeal has already elasped. Can we file the matter under Sabka Vikas Scheme ? if yes.. what will be the implications.

Shall be grateful for your support.

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Showing Replies 1 to 3 of 3 Records

1 Dated: 15-10-2019
By:- Shilpi Jain

Yes you can apply for the scheme, but you will get waiver only from the penalty, Other amounts already paid (interest, tax) cannot be got back.


2 Dated: 15-10-2019
By:- KASTURI SETHI

Yes. Relief from penalty is allowed as per Section 124 (1) (b) of Chapter V of the Finance (No.2) Act, 2019. SVLDR Scheme, 2019


3 Dated: 15-10-2019
By:- Richa Goyal

Thanks a lot for your guidance. It has been a great help.

Regards

Richa Goyal


1

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