Where assessee settles TDS appeal or withdraws arbitration (against order U/S 201) as a deductor of TDS, will credit of such tax be allowed to deductee under Vivad se Vishwas scheme?


Arya Arya
Answered on March 20,2020

In such cases, the deductee shall be allowed to claim credit of taxes in respect of which the deductor has availed of dispute resolution under Vivad se Vishwas. However, the credit will be allowed as on the date of settlement of the dispute by the deductor and hence the interest as applicable to deductee shall apply.


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