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Vivad se Vishwas Scheme

Latest Articles


FAQs on Direct Tax Vivad Se Vishwas Act, 2020

Income Tax : Get answers to commonly asked questions about the Direct Tax Vivad Se Vishwas Act, 2020. Learn which appeals and petitions are cov...

May 30, 2022 24117 Views 1 comment Print

Chart of Extension of Time Limits for Income Tax Compliance

Income Tax : Central Govt provides further relief to taxpayers during these difficult Covid times by extending timelines of certain compliances...

June 27, 2021 19329 Views 1 comment Print

Income Tax : Exemption & extension of timelines

Income Tax : TAX EXEMPTION Taxpayer Financial help received from employers and well-wishers for meeting expenses incurred for treatment of COVI...

June 26, 2021 1440 Views 0 comment Print

CBDT Extends Vivad se Vishwas Dates Yet Again. So Your Appeals may have to Wait Longer!!

Income Tax : CBDT Extends Vivad se Vishwas Dates Yet Again. So Your Appeals may have to Wait Longer!! Well Yes Friends, it’s about 5 months s...

February 27, 2021 8952 Views 0 comment Print

Dispute Resolution Scheme For Small & Medium Tax Payers-Section 245MA

Income Tax : INTRODUCTION According to a Survey India records highest rate of bribery in Asia i.e.39% and highest rate of citizens using person...

February 22, 2021 3210 Views 2 comments Print


Latest News


Government Launches Vivad se Vishwas – II Scheme for Contractual Disputes

Corporate Law : Government of India has introduced Vivad se Vishwas II - (Contractual Disputes) scheme to effectively resolve pending contractual ...

August 3, 2023 1845 Views 0 comment Print

Vivad Se Vishwas I – Relief for MSMEs

Corporate Law : Government provides a big relief to MSMEs for COVID-19 period; fulfils promise announced in Union Budget 2023-24 95% of bid or per...

February 6, 2023 4650 Views 0 comment Print

Request to announce another Income Disclosure & Vivad Se Vishwas Scheme

Income Tax : Memorandum containing suggestions for Budget 2023 by CCI Professionals Forum with request to consider annoucing another Disclosure...

January 12, 2023 6834 Views 0 comment Print

Problems in Faceless Assessments & Appeals and VSV related issues

Income Tax : Representation regarding problems in Faceless Assessments & Faceless Appeals and Issues relating to VSV Matters to Chairman, C...

September 28, 2021 9714 Views 0 comment Print

Rs 99,756 crore disputed tax amount settled under Vivad Se Vishwas scheme

Income Tax : Rs 99,756 crore disputed tax amount settled under Vivad Se Vishwas scheme The scheme ‘Vivad Se Vishwas’ is a voluntary scheme ...

August 9, 2021 489 Views 0 comment Print


Latest Judiciary


Assessee Can Avail DTVSV Act Benefits Even if Appeal Limitation Period Not Expired

Income Tax : Assessee can't be obstructed from availing of the benefits of the Direct Tax Vivad se Vishwas Act, 2020 (DTVSV Act) even where the...

May 31, 2024 225 Views 0 comment Print

ITAT Grants MAT Credit Claim under Vivad se Vishwas Scheme

Income Tax : ITAT Mumbai allows United Spirits Limited to claim MAT credit under the VSV Scheme for the year in question, setting a precedent f...

March 9, 2024 240 Views 0 comment Print

HC direct granting of SVLDR benefit subject to Payment with Interest

Service Tax : Madras High Court revived a company's dismissed tax dispute under the Sabka Vishwas Legacy Disputes Resolution Scheme (SVLDRS) due...

March 3, 2024 258 Views 0 comment Print

Denial of benefit under Vivad Se Vishwas Act on erroneous allegation unjustified

Income Tax : Bombay High Court held that denial of benefit under Vivad Se Vishwas Act, 2020 on erroneous allegation of non-filing of Form 4 unj...

January 30, 2024 723 Views 0 comment Print

Vivad Se Vishwas Act: Madras HC Directs Timely Processing of Refund

Income Tax : Madras High Court Directs Timely Processing of Refund granted under section 5(2) of the Vivad Se Vishwas Act, 2020 in Writ Petitio...

January 15, 2024 486 Views 0 comment Print


Latest Notifications


CBDT Order under DTVsV Act 2020 on acceptance of delayed Payment

Income Tax : CBDT order allows delayed tax payments under DTVsV Act conditions, easing compliance for taxpayers. Details on Form-3 modification...

June 27, 2024 903 Views 0 comment Print

Vivad se Vishwas II: Contractual Disputes Amendments

Corporate Law : Discover clarifications and corrections issued for Vivad se Vishwas II scheme for contractual disputes in this official memorandum...

September 18, 2023 1074 Views 0 comment Print

Vivad se Vishwas II (Contractual Disputes) Scheme: Eligibility & Process

Corporate Law : Ministry of Finance introduced ‘Vivad se Vishwas II (Contractual Disputes)’ scheme to settle pending contractual dispu...

May 29, 2023 3192 Views 1 comment Print

Draft Vivad se Vishwas II (Contractual Disputes)

Corporate Law : Government proposes quick settlement of contractual disputes to promote ease of doing business as announced in Union Budget 2023-2...

February 8, 2023 2376 Views 0 comment Print

Extension of dates under Direct Tax Vivad se Vishwas Act

Income Tax : Vide Notification No. 94/2021-Income Tax Dated:  31st August, 2021 CBDT under Direct Tax Vivad se Vishwas Act, 2020 extended the ...

August 31, 2021 4335 Views 0 comment Print


All the pending appeals are not required to be settled under DTVSV Act

December 1, 2022 1056 Views 0 comment Print

Delhi High Court held that assessee is free to settle any appeal under Direct Tax Vivad se Vishwas Act, 2020 and is not required to settle all the pending appeals filed by the respondent-revenue for an assessment year.

Revision proceedings cannot be sustained if assessee opted to settle dispute under DTVSV Scheme

November 24, 2022 1959 Views 0 comment Print

In present facts of the case, the ITAT observed that proceedings under Section 263 of Income Tax Act, 1961 cannot be sustained if the tax payer had opted to settle the dispute under the Direct Tax Vivad Se Vishwas Act, 2020.

Section 271D Penalty proceeding is independent of assessment proceedings

November 22, 2022 2070 Views 0 comment Print

Dr. Sankaran Sundar Vs ITO (ITAT Bangalore) The penalty imposed u/s 271D of the I.T.Act is independent of assessment proceedings completed u/s 143(3) of the I.T.Act. Even without completion of assessment u/s 143(3) of the I.T.Act, penalty u/s 271D of the I.T.Act can be imposed for violation of provisions of section 269SS of the I.T.Act. […]

Appeal shall be revived once appellant violates any of the condition under DTVSVS Act, 2020

November 21, 2022 750 Views 0 comment Print

ITAT Chennai held that it is fact that under Direct Tax Vivad Se Vishwas Act 2020 declarant cannot challenge sum payable before any appellate forum however once the declarant violates condition of DTVSVS Act 2020 the same can be revived by the Department.

Change of opinion not base for reassessment proceedings

November 14, 2022 867 Views 0 comment Print

Delhi high court held that there was no new/ fresh material before AO to initiate reassessment proceedings, accordingly, mere change of opinion cannot form the basis for initiating reassessment proceedings

Delay in payment under Direct Tax Vivad Se Vishwas Act condoned due to occurrence of extraordinary event

November 9, 2022 2133 Views 0 comment Print

Delhi High Court held that delay in payment under Direct Tax Vivad Se Vishwas Act 2020 on account of death of Managing Director of the company deserves to be condoned as the said event is extraordinary and exceptional in nature.

CIT cannot exclude genuine disputes under VSV Act on Hyper-Technical grounds

September 14, 2022 801 Views 0 comment Print

HC held that attempt by CIT to exclude a genuine disputant of tax liability, like petitioner, from possibility of settlement under VSV Act is extremely hyper-technical.

Dispute settled under VSV Scheme cannot be pursued in Appeal

August 15, 2022 1047 Views 0 comment Print

Since the tax dispute for the year under consideration has been settled under VSV Scheme, therefore, it is not open to the assessee to pursue the legal remedy of appeal as well.

Application against disputed interest allowable under Vivad Se Vishwas

August 5, 2022 2394 Views 0 comment Print

Kapri International Pvt. Ltd. (In Liquidation) Through Liquidator  Vs CIT (Delhi High Court) Held that any proceeding challenging a decision by the department in respect of tax, interest, penalty, fee etc. would come within the purview of a ‘dispute’ which would enable a party to approach the department for a resolution under the Direct Tax […]

Vivad Se Vishwas Scheme: Revised declaration cannot be filed after acceptance of declaration by Designated Authority

July 24, 2022 2376 Views 0 comment Print

After acceptance of declaration by Designated Authority by issue certificate under Vivad Se Vishwas Scheme, revised declaration cannot be filed

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