The Direct Tax Vivad se Vishwas Act, 2020

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf Indian legislation
gptkbp:administeredBy gptkb:Ministry_of_Finance,_Government_of_India
gptkbp:appliesTo disputed direct tax cases
income tax disputes
gptkbp:approvedBy gptkb:President_of_India
gptkbp:billColor Bill No. 29 of 2020
gptkbp:country gptkb:India
gptkbp:date 17 March 2020
gptkbp:dateEnacted 2020
gptkbp:enactedBy gptkb:Parliament_of_India
gptkbp:gazetteNotificationDate 17 March 2020
https://www.w3.org/2000/01/rdf-schema#label The Direct Tax Vivad se Vishwas Act, 2020
gptkbp:introduced gptkb:Nirmala_Sitharaman
gptkbp:introducedIn gptkb:Lok_Sabha
gptkbp:language gptkb:Hindi
English
gptkbp:longTitle An Act to provide for resolution of disputed tax and for matters connected therewith or incidental thereto
gptkbp:objective provide for settlement of disputed tax
reduce pending income tax litigation
gptkbp:purpose settlement of disputed tax, interest, penalty or fee
gptkbp:relatedTo gptkb:Income_Tax_Act,_1961
Direct Taxes
gptkbp:settlementScheme taxpayers pay disputed tax with waiver of interest and penalty
gptkbp:shortName Vivad se Vishwas Act
gptkbp:startDate 17 March 2020
gptkbp:status in force
gptkbp:website https://incometaxindia.gov.in
gptkbp:bfsParent gptkb:Vivad_se_Vishwas_Scheme
gptkbp:bfsLayer 7