Which of the following statements is NOT true about the Vivad se Vishwas Act, 2020?
1
The scheme allows taxpayers to pay their taxes and settle disputes by March 31, 2020, with a complete waiver of interest and penalty.
2
The scheme applies to disputed tax, interest, penalty, and fee.
3
The scheme is applicable to disputes pending before the Supreme Court, High Courts, Income Tax Appellate Tribunals, and Commissioner (Appeals).
4
The scheme allows for the settlement of disputed tax without any payment of the disputed amount.