The Direct Tax Vivad se Vishwas Act, 2020

The Direct Tax Vivad se Vishwas Act, 2020 is an Indian law that provides taxpayers with a scheme for the resolution of pending direct tax disputes. Under this Act, taxpayers can settle their disputed tax liabilities by paying the tax amount due and can get a waiver of interest and penalty. The Act aims to reduce litigation and provide a mechanism for taxpayers to resolve their tax disputes quickly and efficiently.