Ajay Bhushan Pandey

Photo Credit: Deccan Herald

Industry views on direct tax dispute scheme will be considered: Revenue Secretary

NEW DELHI : Revenue secretary Ajay Bhushan Pandey said on Sunday that suggestions received from industry on the proposed scheme to resolve 4,83,000 direct tax related disputes will be considered for inclusion in the set of guidelines to make it a success.

At a post-budget interaction with businesses and traders in Kolkata, Pandey said that ‘The Direct Tax Vivad se Vishwas Bill, 2020’ is currently in Parliament and various suggestions have been noted. It incorporates the demand to include a scheme for tax disputes where assessment orders have been made but appeals have not yet been filed.

Source: Livemint