Delayed Payment on Balance Amount of Self Assessment Tax not amount to Tax Arrear under DTVSV Act: Bombay HC [Read Order]

Delayed Payment - Balance Amount - Self Assessment - Delayed Payment on Balance Amount of Self Assessment Tax - Tax Arrear - DTVSV Act - taxscan

The Bombay High Court (HC) has held that delayed payment on the balance amount of self-assessment tax does not amount to tax arrears under Direct Tax Vivad Se Vishwas Act 2020 ( DTVSV Act) Pragati Pre Fab India Pvt. Ltd, the petitioner challenged the rejection by respondent no.1 of the declaration filed on 31st January…

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