Rajasthan HC directs Dept to Pay 6% Interest in lieu of Delayed VSVS Income Tax Refund [Read Order]

The Income Tax Dept has been held liable to pay interest for delay in making DTVSV Scheme Refund by Rajasthan HC.

By Manu Sharma - On December 9, 2023 7:00 am - 2 mins read

Rajasthan HC - Interest - Delayed VSVS Income Tax Refund Income Tax Refund - Interest in lieu of Delayed VSVS Income Tax Refund - taxscan

In a major move, a Division Bench of the Rajasthan High Court has recently directed the Income Tax Department to pay 6% interest for delayed refund under Direct Tax Vivad Se Vishwas Scheme (DTVSV Scheme). In compliance with the Vivad Se Vishwas Act, 2020 (VSV Act), the petitioner submitted an application on 17/6/2020, addressing a…

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