Home |vivad se vishwas scheme |
The taxpayer is eligible for Vivad se Vishwas treating the situation as a taxpayer's deemed appeal in ITAT? How will disputed tax be calculated? Will it be 100% on the issue allowed by ITAT in earlier years or 50%?
The taxpayer is eligible for Vivad se Vishwas treating the situation as a taxpayer's deemed appeal in ITAT? How will disputed tax be calculated? Will it be 100% on the issue allowed by ITAT in earlier years or 50%?
Jeeva
Answered on March 20,2020
Answered on March 20,2020
In this case, on the issue where the taxpayer has got relief from ITAT in an earlier year (not reversed by He or SC), the disputed tax shall be computed at half of the normal rate of 100%, 110%, 125% or 135%, as the case may be.
Related Questions
-
Team Digilocker
Ministry of Electronics & IT (MeitY) . Answered on June 28,2021I lost my digilocker username and password. How to get it ?
Now you no more require username or password. Just log in using your Mobile number or Aadhaar followed by ...
3 1967 39716 -
Indian Highways Management Company Limited
Answered on February 05,2021Can a FASTag bought for my one vehicle be used for another vehicle?
No, as per guidelines FASTag is issued to each vehicle based on RC copy of the vehicle. If there ...
2 0 7525 -
Indian Highways Management Company Limited
Answered on February 05,2021Can one vehicle use more than one FASTag?
Normally one vehicle is assigned with one FASTag issued by a bank. However, under circumstances, if the vehicle user ...
2 0 3305 -
Team Digilocker
Ministry of Electronics & IT (MeitY) . Answered on May 18,2022I have entered correct DL/RC details but I am getting the message 'No records found with the details entered by you'.What to do?
Please try to access over Vaahan website; Know your DL statusif it is available there, it will be available ...
3 0 16482 -
Indian Highways Management Company Limited
Answered on February 18,2021Can we use 2 FASTags for one car?
No, you can not use 2 FASTags for one car. only one will work or in most of the ...
2 0 25051 -
Indian Highways Management Company Limited
Answered on February 15,2021I have bought a second-hand car and on it, there is a fastag of the previous owner which is not working. Can I replace it with a new one?
You have to surrender the old fastag & then you will be able to apply for a fresh one.
2 0 15455 -
Team Digilocker
Ministry of Electronics & IT (MeitY) . Answered on March 15,2021I am waiting for the Digilocker OTP, but I have not received the OTP for more than 5 minutes. What should I do?
Sorry for the inconvenience, this might be temporary issue, kindly try after sometime.
2 199 8662 -
PGN Property
Real Estate & Documentation Consultant with 21+ years of experience . Answered on April 20,2022Is there any concession of the stamp duty in respect of gift deeds in favor of family members?
YesThe government charges are less in respect of gift deeds to family members In Karnataka, following are the government charges ...
2 0 259 -
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on May 10,2021My son is an NRI and his tenant has to deduct TDS (Tax Deducted at Source) every month and deposit in the bank. After every quarter, he has to submit Form 27A and 27Q online and then generate Form 16A. Is it possible that I deposit TDS amount as advance tax every month in the bank?
As per Income Tax Act, TDS has to be deducted under sec 195 of the Act in these type ...
2 0 418 -
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on November 24,2020I am a senior citizen and the length of income tax return form 2 or ITR 2 is worrying. Is it necessary for a Non-Resident Indian (NRI) to fill the Schedule of FSI, tax relief (TR), Foreign Assets (FA)?
If its not applicable to you, leave that. You have to give your ID number issued by the Country ...
2 0 258 -
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on November 22,2020I am a non-resident Indian (NRI). I do (Systematic Investment Plan)SIPs in six equity mutual fund schemes that amount to INR1.8 lakh a month. I do not have any income in India and every year I get refund for tax deducted at source (TDS) of debt funds. I would like to churn my portfolio (units that have completed 1 year) every year before 31 March and reinvest the amount in same plan before 31 March. Will long-term capital gain tax (LTCG) tax reflect on my 26AS certificate? Can I claim refund as I do not have any income in India?
Since you are an NRI and investments had made as the capacity of NRI, TDS will be deducted on ...
2 0 482 -
Subin VR
Chartered Accountant,FCA, DISA (ICAI) . Answered on March 13,2021I am an Indian resident. Can I ask the US firm to deposit the money directly into my India bank account? What will be the interest rates paid to me by the banks in India? Will the US firm be expected to deduct TDS and remit to income-tax department in India and give me proof of such deposit in Form 16. Will I need to charge Goods and Services Tax, (GST) on the earnings and remit to government?
If you are working as a consultant of US company you have to take registration under GST Act. Form ...
2 0 1238 -
Team Digilocker
Ministry of Electronics & IT (MeitY) . Answered on April 24,2020I have my DL, RC, and vehicle insurance documents in my Digilocker app. Yesterday, I renewed my vehicle insurance policy and uploaded it successfully. But the problem is, the old policy certificate is not being deleted. Tell me how it could be done.
Documents in the issued section of DigiLocker are deemed to be at par with the original physical document as ...
2 138 2685