Direct Tax Vivad se Vishwas Bill, 2020
On 5th February, 2020, government introduced the Direct Tax Vivad se Vishwas (from dispute to trust) Bill, 2020, in order to provide for a mechanism to settle disputed direct tax cases across the country in a speedy manner. Subsequently, Cabinet decided to introduce amendments which increase its scope to cover litigations pending in various debt recovery tribunals (DRTs). The scheme now includes coverage of search and seizure cases where the recovery is up to Rs 5 crore.
Salient Features of the Bill Eligibility
- Appeal/writs filed on or before 31st March, 2020 and pending
- Orders for which time for filing appeal has ....
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