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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 1230 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 4308 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 4377 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 13908 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 2715 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 5886 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 5541 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


GAIL India Appeal Dismissed After Opting for Vivad Se Vishwas

Income Tax : GAIL India’s ITAT Delhi appeal for AY 2018-19 was dismissed after opting for the Vivad Se Vishwas Scheme. Learn about the procee...

March 19, 2025 60 Views 0 comment Print

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 204 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 2709 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 408 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 11679 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 3279 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 6861 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 12804 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


Original assessment order settled under VsV Doesn’t mean settlement of appeal against rectification order

June 22, 2023 1278 Views 0 comment Print

Analyzing the recent ITAT Delhi verdict in the Inter Globe Air Transport Vs ACIT case, highlighting the re-adjudication directive due to improper verification under Section 154 of the Income Tax Act.

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

May 29, 2023 3537 Views 1 comment Print

Ministry of Finance introduced ‘Vivad se Vishwas II (Contractual Disputes)’ scheme to settle pending contractual disputes. The scheme applies to disputes involving the Government of India, autonomous bodies, public sector banks, public sector financial institutions, central public sector enterprises, and certain other organizations. The settlement amount is determined based on the type of dispute, and […]

Penalty order cannot be dismissed for settlement of Quantum addition under VSVS

May 13, 2023 1128 Views 0 comment Print

Penalty was levied under section 271 B of the Act on the ground that tax audit report under section 44AB of the Act was not filed by the assessee before filing of return of income and no explanation was given.

Fresh adjudication directed as assessment order was dismissed on erroneous reasoning

March 4, 2023 858 Views 0 comment Print

ITAT Kolkata held that dismissal of assessment order passed under section 143(3) on erroneous reasoning that dispute was resolved via Vivad Se Vishwas Scheme. Fresh adjudication directed to decide all the appeals on merits.

When Tribunal order directs designated authority to calculate disputed tax, same should be done without fresh examination

February 23, 2023 537 Views 0 comment Print

Bombay High Court held that order of Tribunal directed the designated authority to calculate the tax amount applying the ratio of Mohommad Haji Adam & Co case. Designated authority had only to calculate the disputed tax by giving effect to the orders of the Tribunal. Order of Tribunal was not directing fresh examination on any issue.

Draft Vivad se Vishwas II (Contractual Disputes)

February 8, 2023 2484 Views 0 comment Print

Government proposes quick settlement of contractual disputes to promote ease of doing business as announced in Union Budget 2023-24 and Circulates scheme for graded settlement terms for stakeholder consultation. The Ministry of Finance today circulated a draft scheme for consultation with stakeholders.  The scheme is aimed at bringing quick finality to certain contractual disputes in which […]

Vivad Se Vishwas I – Relief for MSMEs

February 6, 2023 4812 Views 0 comment Print

Government provides a big relief to MSMEs for COVID-19 period; fulfils promise announced in Union Budget 2023-24 95% of bid or performance security forfeited for failure to execute contracts to be refunded; No interest shall be paid on such refunded amount Relief provided in all contracts for procurement of Goods and Services, entered into by […]

ITAT directs AO to consider settlement of dispute subsequent to Asset Purchase Agreement

January 15, 2023 555 Views 0 comment Print

ACIT Vs Calchennai Mobile Worx P. Ltd (ITAT Chennai) As per asset purchase agreement between the assessee and the purchaser, agreed consideration for transfer of business/asset is Rs 5.76 crores. In fact, the buyer has confirmed having paid entire agreed consideration for transfer of business. The assessee claims that it has received a sum of […]

HC allows Assessee to avail Vivad Se Vishwas Scheme benefit after due date considering delay in filing Appeal by revenue

January 14, 2023 903 Views 0 comment Print

Assessee should not be non-suited for the default committed by the revenue in nor preferring the appeal within the period of limitation

Request to announce another Income Disclosure & Vivad Se Vishwas Scheme

January 12, 2023 6969 Views 0 comment Print

Memorandum containing suggestions for Budget 2023 by CCI Professionals Forum with request to consider annoucing another Disclosure Scheme and Vivad Se Vishwas Scheme in national interest. CCI PROFESSIONALS’ FORUM (A unit of Calcutta Citizens’ Initiative) 3, Ho Chi Minh Sarani, Ground Floor, Kolkata 700071 Email npjainadv@gmail.com (M) 98309 51252 Ph – 033-40661000 7th January, 2023 […]

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