Taxmanm’s Case Studies & Procedures under Direct Tax Vivad se Vishwas Act 2020 As amended by Taxation and other laws relaxation and amendment of certain provisions Act 2020 by MAYANK MOHANKA Edition 2020

Description

Description

The book is a ready-referencer, to assist the assessees and tax practitioners, in understanding the legislative provisions and the practicalities of Vivad se Vishwas Act, in a step-by-step manner. The book also explains the practical aspects of the scheme through practical case studies encompassing real income-tax disputes. This book will help you make wise, informed and timely decisions about opting the scheme to settle the tax dispute.

The Present Publication is the 3rd Edition, as amended by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 & updated till 5th October, 2020. This book incorporates the following:

· All the legislative provisions of the scheme explained with the help of illustrative case studies

· Covering case-studies on the following issues:

o Scope, Coverage and Eligibility

o Exclusions

o Computation of Tax Arrears

o Computation of Disputed Tax

o Computation of Disputed Interest and Penalty

o Computation of Tax Payable under the Scheme

· Detailed analysis of Operation Clean Money and Demonetisation Cases

· Case studies on long-term capital gain arising from the sale of penny stocks