Bombay High Court Examines Challenge to Rejection of Direct Tax Vivad Se Vishwas Declaration; Prosecution Bar Under Section 9(a)(ii) Interpreted Narrowly. The Court Noted That the Bar Applies Only When Prosecution Relates to Tax Arrear as Defined Under Section 2(1)(o), and the CBDT Circular Clarification Was Not in Alignment With Legislative Intent.
12 Sep 2023The dispute arose from the rejection of declarations filed by Pragati Pre Fab India Pvt. Ltd. under the Direct Tax Vivad Se Vishwas Act, 2020 for Asse...
