Tax Payment Delayed due to failure of Designated Committee to issue Sanction in an Electronic Form SVLDRS-3,No Interest on Tax Dues: Bombay HC [Read Order]

By Yogitha S. Yogesh - On February 8, 2023 6:30 am - 2 mins read
Tax - Payment - Electronic - Form - SVLDRS - 3 - Tax - Bombay - HC - TAXSCAN

Recently, the High Court (HC)of Bombay has held that no interest shall be paid by the assessee when the respondent failed to issue thesanction through an electronic form SVLDRS -3 under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS). Virtusa Systems (India) Private Limited, the Petitioner challenged the action of the Respondent /Designated Committee…

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