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Budget Highlights
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Niranjan Govindekar

Partner – BDO India LLP

Beneficial for old litigation

Vivad se Vishwas scheme is a good option to conclude long pending tax litigations, where interest/penalties on...

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Prakash Kotadia

Partner / Tax and Regulatory Services

Appeals filed after 31 January 2020 not eligible

In some cases, like recently concluded assessments or appeals against a recently passed...

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Bhavin Shah

Associate Partner / Tax and Regulatory Services

Taxes already paid
Strangely, the Vivad se Vishwas scheme or the proposed amendment to the Income Tax Act does not speak about refunding amounts...

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Pranay Bhatia

Partner – Direct Tax - BDO India LLP

DRP cases not covered
In the budget of 2009, the government instituted a Dispute Resolution Panel (DRP) to fast-track resolution of cases...

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Yadvendra Tyagi

Co-Founder of EnKash

"Budget 2020-21 has been extremely startup-friendly on various accounts, including the fact that turnover limit for a company to qualify as a Startup...

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