Taxation

Finance Ministry Reveals Number Of Pending Tax Litigations In India

Finance Ministry reported the number of tax-related disputes pending in the country, the number of entities that have applied for dispute settlement under the “Vivad se Vishwas Scheme” to date, details of the amount of money disputed and got resolved under the scheme. The minister of state for finance, Anurag Singh Thakur, said a total of 1,55,965 declarations had been submitted in DTVSV Form-1 under ‘Vivad se Vishwas Scheme’. 

Source- Tax scan

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