On 13 March 2020, the upper house of the India parliament (Rajya Sabha) approved the Direct Tax Vivad Se Vishwas Bill 2020, following approval in the lower house (Lok Sabha) on 4 March. The bill provides for the Vivad Se Vishwas scheme for dispute resolution announced as part of the Budget 2020-2021.

The scheme is available with respect to appeals/petitions filed by taxpayers or the tax autho…