Home |vivad se vishwas scheme | In a case, appeal or arbitration is pending on the specified date, but a rectification is also pending with the AO which if accepted will reduce the total assessed income. Will the calculation of disputed tax be calculated on rectified total assessed income under Vivad se Vishwas scheme?

In a case, appeal or arbitration is pending on the specified date, but a rectification is also pending with the AO which if accepted will reduce the total assessed income. Will the calculation of disputed tax be calculated on rectified total assessed income under Vivad se Vishwas scheme?

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Anshith Anshith
Answered on March 20,2020

The rectification order passed by the AO may have an impact on the determination of disputed tax if there is a reduction or increase in the income and tax liability of the assessee as a result of rectification. The disputed tax in such cases would be calculated after giving effect to the rectification order passed if any.

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