Form 26B Not Mandatory for Refund After Issuance of Form 5 Under 'Vivad Se Vishwas' Act: Allahabad High Court

In a significant ruling related to the Vivad Se Vishwas Act, 2020 (VSV Act), Dish TV India Limited, the petitioner, sought a refund of Rs. 2,19,42,954/- after a settlement of tax arrears under Section 5(2) read with Section 6 of the Vivad Se Vishwas Act, 2020. The petitioner had originally filed a TDS return for the financial year 2008-09, which was subject to multiple assessments and appeals, ultimately resulting in…