CBIC extends due date for filing annual return

CBDT provides clarification on the passing of consequential orders under Income-tax Laws upon settlement of direct tax disputes under Vivad Se Vishwas Act

March 4 , 2021

Central Board of Direct Taxes has issued a circular which states that, where the Designated Authority passes an order to settle any direct tax dispute under Direct Tax Vivad Se Vishwas Act, 2020 (VSV), the tax authority shall pass consequential orders under the Income-tax Laws. Please refer to the circular here.

policy updates