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Income Tax - Highlights / Catch Notes

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Benefits under the VsV Act [Vivad Se Vishwas Act] denied - The ...

Income Tax

January 29, 2024

Benefits under the VsV Act [Vivad Se Vishwas Act] denied - The court directed the respondents to accept the petitioner's declaration under the VsV Act, subject to the petitioner paying the balance amount - The decision acknowledges the petitioner's efforts to comply with the VsV Act and addresses technical glitches and errors by the respondents, reflecting the VsV Act's objective to reduce tax litigation and generate revenue efficiently. - HC

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