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sabka vikas scheme, Other Topics |
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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. Posts / Replies Showing Replies 1 to 2 of 2 Records
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.
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
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