The Direct Tax Vivad sc Vishwas Act, 2020 (" Vivad se Vi,'!nva.f') was enacted on 171h March, 2020 with the objective of infer alia reducing pending income lax disputes, generating timely revenue for the Government and benefitting taxpayers by providing them peace of mind, certainty and savings on account of time and resources that would otherwise be spent on the long-drawn and vexatious litigation process to resolve the disputes.

Sub-section (I) of section 5 of Vivad l'e VishlV(L~ provides that the designated authority (hereinafter rcfcrrcd to as "DA") shall pass a dctermination order within fifteen days from the date of rcceipt oflhe declaration. The DA is also required to pass another order under sub-section (2) of section 5 of Vivad ~e ViS/lim.'! for full and final settlement of the tax arrear.

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