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Vivad se Vishwas Scheme

Latest Articles


Proposal for Introduction of a Scheme to Address Pending Tax Demands of Earlier Years

Income Tax : Explore the proposed scheme for resolving unresolved tax demands, easing taxpayer burdens, and improving compliance through fair, ...

January 13, 2025 1227 Views 0 comment Print

Vivad Se Vishwas Scheme 2024 (VSVS): Key Highlights & Criteria

CA, CS, CMA : Explore the Vivad Se Vishwas Scheme 2024 for resolving tax disputes, eligibility, payment terms, and deadlines under Circular No. ...

December 25, 2024 4281 Views 0 comment Print

Direct Tax Vivad Se Vishwas Scheme, 2024: Overview & Details

Income Tax : Learn about Direct Tax Vivad Se Vishwas Scheme, 2024, its eligibility criteria, procedure, benefits, ineligible cases, and key fea...

December 4, 2024 4368 Views 0 comment Print

All about Direct Tax Vivad Se Vishwas Scheme (DTVSV), 2024

Income Tax : Learn about the Direct Tax Vivad Se Vishwas Scheme, 2024, designed to resolve income tax disputes and reduce litigation costs for ...

October 28, 2024 13878 Views 1 comment Print

Resolve Tax Disputes With Vivad Se Vishwas Scheme 2024

Income Tax : The Vivad Se Vishwas Scheme 2024 simplifies tax dispute resolution, offering discounts and waivers to reduce litigation burden. Se...

October 24, 2024 2712 Views 0 comment Print


Latest News


KSCAA Seeks Clarity on Eligibility of Appeals with Delay Condonation under VSVS

Income Tax : KSCAA's representation to CBDT highlights challenges in the Vivad Se Vishwas Scheme 2024, focusing on delayed appeals and suggesti...

February 15, 2025 207 Views 0 comment Print

Representation for Relaxation in VSV Scheme II

Income Tax : Exploring the need for relaxation in Vivad Se Vishwas II Scheme, 2024, addressing issues of pending appeals filed after July 23, 2...

December 21, 2024 5880 Views 1 comment Print

Representation & Suggestions on Direct Tax Vivad Se Vishwas Scheme 2024

Income Tax : KSCAA raises concerns and provides suggestions for improving the Direct Tax Vivad Se Vishwas Scheme 2024 to the CBDT....

December 16, 2024 4623 Views 1 comment Print

All about Direct Tax Vivad se Vishwas Scheme 2024 proposed in Budget 2024

Income Tax : Explore the Direct Tax Vivad se Vishwas Scheme 2024 for resolving pending tax disputes. Learn about its provisions, benefits, and ...

July 25, 2024 5535 Views 0 comment Print

Budget 2024: Income Tax Act 1961 Review, Digitalization of GST & Customs & Vivad Se Vishwas Scheme

Income Tax : Union Finance Minister outlines tax reforms in Budget 2024-2025, including Income-tax Act review, digitalization of tax services, ...

July 23, 2024 387 Views 0 comment Print


Latest Judiciary


ITAT Chennai Dismisses Appeal as Infructuous Under VSV 2024

Income Tax : ITAT Chennai dismisses Padmash Leathers & Exports Pvt. Ltd. appeal as infructuous after the assessee opts for Vivad-se-Vishwas Sch...

March 9, 2025 201 Views 0 comment Print

ITAT Allows Income Tax Appeal Withdrawals as Taxpayer Opts for Vivad Se Vishwas

Income Tax : ITAT Mumbai permits Oxford University Press to withdraw appeal as it opts for the Vivad Se Vishwas Scheme 2024, with liberty to re...

March 9, 2025 186 Views 0 comment Print

Taxpayers Opting Vivad Se Vishwas Can Withdraw Appeals Without Prejudice

Income Tax : ITAT Pune dismisses Ravi Shivangekar’s appeal as withdrawn under the Vivad Se Vishwas Scheme 2024, allowing tax dispute resoluti...

March 8, 2025 2703 Views 0 comment Print

Gujarat HC Awards Interest on Delayed Tax Refund under Vivad Se Vishwas Scheme

Income Tax : Gujarat HC orders 6% interest on delayed tax refunds under DTVSV Act, citing principles of natural justice. Refund delays due to a...

March 6, 2025 405 Views 0 comment Print

ITAT Allows Withdrawal of Appeal with Option to Reinstate if Vivad Se Vishwas Application Fails

Income Tax : ITAT Bangalore dismisses the appeal in Ramrao Mannaji Nandakumari Vs ITO after the assessee opts for settlement under Vivad Se Vis...

February 28, 2025 330 Views 0 comment Print


Latest Notifications


CBDT Removes Discrimination in Vivad Se Vishwas Scheme

Income Tax : CBDT removes anomaly in Vivad se Vishwas Scheme, allowing appeals filed after 22nd July 2024 within the prescribed time to be elig...

January 20, 2025 11658 Views 0 comment Print

CBDT Extends Due Date for Direct Tax Vivad Se Vishwas to 31st January, 2025

Income Tax : CBDT extends the due date for determining payable amounts under the Direct Tax Vivad Se Vishwas Scheme to January 31, 2025....

December 30, 2024 3261 Views 0 comment Print

Guidance Note 2/2024 on Direct Tax Vivad se Vishwas Scheme, 2024

Income Tax : Circular No. 19/2024 offers clarifications on the eligibility and settlement under the Direct Tax Vivad Se Vishwas Scheme, 2024....

December 16, 2024 6837 Views 0 comment Print

Guidance Note on provisions of Direct Tax Vivad se Vishwas Scheme, 2024

Income Tax : Learn about the eligibility, rates, forms, and timelines under the Direct Tax Vivad se Vishwas Scheme, 2024....

October 15, 2024 12780 Views 2 comments Print

Procedure for Filing Form-1 Under DTVSVS 2024

Income Tax : DGIT issues notification on the procedure for filing Form-1 under the Direct Tax Vivad Se Vishwas Scheme, 2024. Learn about the on...

September 30, 2024 3855 Views 0 comment Print


Last date of payment under Vivad se Vishwas extended

June 25, 2021 23382 Views 0 comment Print

Last date of payment of amount under Vivad se Vishwas (without additional amount) which was earlier extended to 30th June, 2021 is further extended to 31st August, 2021. Last date of payment of amount under Vivad se Vishwas (with additional amount) has been notified as 31st October, 2021. Also Read: CBDT issues Notification extending various […]

Request to extend due date of compliance under Income Tax Act

June 19, 2021 4755 Views 0 comment Print

Representation for extending various due dates of compliance under the Income Tax Act, 1961/ Payment under Vivad Se Viswas Scheme falling within 30th June, 2021 to 31st August, 2021

Government extends time for payment under VSV to 30.06.2021

April 27, 2021 3156 Views 0 comment Print

Government extends time for payment of amount payable under the Direct Tax Vivad se Vishwas Act, 2020, without an additional amount, to 30th June, 2021 vide Notification No. 39/2021-Income Tax, Dated: 27th April, 2021. Also Read: Government extends timelines for Income Tax Assessment (Read Notification) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT […]

Government extends timelines for Income Tax Assessment (Read Notification)

April 27, 2021 69612 Views 4 comments Print

Central Government has decided to extend the time limits to 30th June, 2021 in the following cases where the time limit was earlier extended to 30th, April 2021 through various notifications issued under the Taxation and Other Laws (Relaxation) and Amendment of Certain Provisions Act, 2020, namely:-

Authority could not deny benefit of Vivad Se Vishwas scheme if assessee was eligible for the same

April 27, 2021 1965 Views 0 comment Print

Bhupendra Harilal Mehta Vs Principal Commissioner of Income Tax (Bombay High Court) Conclusion: Direct Tax Vivad Se Vishwas (DTVSV) Act, 2020  was a beneficial legislation and department could not deny the benefit if assesee was eligible for the same. Thus, department had to pass a fresh order in Form No.3 determining tax payable by assessee as […]

Extend date for payment under Vivad Se Vishwas Scheme

April 23, 2021 13527 Views 3 comments Print

DTPA has made a Representation to FM for extension of date for payment of amount under Vivad Se Vishwas Scheme to 31st July 2021 considering adverse impact on economy due to 2nd Wave of Corona. Full Text of their representation is as follows:- DIRECT TAXES PROFESSIONALS’ ASSOCIATION Income Tax Building, 3, Govt. Place West, Ground […]

Delayed self-assessment tax payment cannot be construed to be a tax arrear for VSV Scheme

April 11, 2021 1077 Views 0 comment Print

Macrotech Developers Limited Vs PCIT (Bombay High Court) In so far the prosecution against the petitioner is concerned, the same has been initiated under section 276-C(2) of the Act because of the delayed payment of the balance amount of the self-assessment tax. Such delayed payment cannot be construed to be a tax arrear within the […]

HC directs revenue to consider Application under Vivad Se Vishwas Act, 2020

April 9, 2021 2226 Views 0 comment Print

Sadruddin Tejani Vs ITO (Bombay High Court) The basic facts set out above are not in dispute. Without getting into the merits of the demands by the Revenue or the Application for Revision under Section 264 of the Income Tax Act by the Petitioner, it would be relevant to note that, it is not in […]

Clarifications on provisions of Direct Tax Vivad se Vishwas Act

March 23, 2021 12762 Views 0 comment Print

Sections 10 and 11 of Vivad se Vishwas empower the Central Government / Central Board of Direct Taxes to issue directions or orders in public interest or to remove difficulties. In order to facilitate the taxpayers, clarifications under the said sections in form of answers to frequently asked questions (FAQs) were issued vide circular no. 9/2020 dated 22nd April. 2020 (covering FAQ 1-55) and circular no. 21/2020 dated 4th December, 2020 (covering FAQ no. 56-59).

VSV Scheme: Rs. 98328 crore disputes resolved till 01.03.2021

March 8, 2021 585 Views 0 comment Print

A total of 1,28,733 Declarations have been filed in Form 1 till 1st March, 2021 by taxpayers. These include 1,393 declarations by Central PSUs and 833 declarations by State PSUs/ boards. Declarations have been filed by taxpayers for resolution of Tax disputes amounting to Rs. 98,328 crore till 1st March 2021. Payment of Rs. 53,346 crore have been made by taxpayers under the scheme till 1st March 2021.

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