Taxman trying to get PSUs on board 'Vivaad se Vishwas'

Many state-run banks & public-sector units not too keen to opt for the ‘Vivaad se Vishwas’ tax dispute resolution scheme. Field officers have approached SBI, CBI, Bank of Baroda, Bank of India to settle disputes under the scheme but bank officials told ET that most of the cases involve the I-T dept having levied taxes with little justification.

from Banking/Finance-Industry-Economic Times https://ift.tt/32MhUwb