The book is a practical guide providing pragmatic analysis of the Direct Tax Vivad Se Vishwas Act, 2020. It provides a practical understanding of the concepts and procedure established by the Act and highlights various issues and discrepancies arising therefrom. The book is in a frequently asked questions (FAQ) format. The author has attempted to give detailed and holistic reply to each and every issue raised by making references to earlier schemes like Kar Vivad Samadhan Scheme, 1998 etc. and various case laws in respect of such schemes, wherever necessary. The book is a combination of commentary approach and FAQ approach making it reader friendly and at the same time giving detailed and in-depth solution of the issues. Further, the book also covers the procedural aspects of filing of forms as notified in the Direct Tax Vivad Se Vishwas Rules, 2020. The book would be a very useful guide, reckoner and commentary for use by chartered accountants, lawyers, income tax practitioners, students, other academicians and taxpayers who wish to gain a practical understanding of the scheme.
?? ? Critical analysis of the VSV Act and Rules in FAQ format including the clarifications issued by the CBDT with practical examples and situations
?? ? Relevant rules, forms, notifications and circulars analysed and explained
?? ? Key factors and practical points in filing various forms explained
?? ? Includes topic-wise practical guide on procedural issues arising under the VSV Act and Rules for ease of reference of readers
?? ? Covers live issues and gives illustrations on computation of disputed tax, tax arrears and amount payable under the Act
?? ? Covers relevant case laws
About the Author:
Firoze B. Andhyarujina, [B.Com. (Hons.), LL.B., LL.M. (Miami, US)], a designated Senior Advocate of the Hon?ble Bombay High Court in the year 2001, is mainly engaged in litigation practice concerning tax matters and company law. He was awarded the Rotary Foundation Scholarship of the Rotary International to study Post Graduate Law at the University of Miami, Coral Gables, U.S.A. He was awarded scholarship in International and Comparative Law at Paris, France. During his entire academic career, Mr.Andhyarujina has won more than seventy prizes and trophies both at School, College and University Level. He had been a part time professor in the past.
He started his career as a junior in the Chambers of Mr.R. J. Kolah and Mr. B. A. Palkhivala. He has participated in some of the important and outstanding cases that have laid down and interpreted the tax laws of India. He has also argued some of the important trademarks and patent cases at Bombay and Delhi High Courts. International Tax Review, World Tax 2006, has rated Mr Firoze Andhyarujina amongst the 5 Leading individual Tax Counsel in India.
Dharan V. Gandhi,?Advocate