Notification no. 32/2025 dated 08.04.2025- Income tax
CBDT issued notification no. 32/2025 dated 08.04.2025 vide which the Central Government hereby notifies the last date for filing declaration under the Direct Tax Vivad se Vishwas Scheme, 2024
Tag: Vivad se Vishwas scheme
Income tax dispute: Vivad Se Vishwas Scheme 2024 application deadline notified by Govt; apply now to get waiver of interest and penalty
The Ministry of Finance has notified April 30, 2025, as the deadline to apply for Direct Tax Vivad Se Vishwas Scheme, 2024.
Direct Tax Vivad se Vishwas Scheme, 2024 update
CBDT, vide notification no. 8/2025, makes the following order to remove the difficulty in respect of Direct Tax Vivad Se Vishwas Scheme, 2024 arisen in situations where,–– (a) an order in case of a person had been passed on or before the specified date i.e. the 22nd day of July, 2024; (b) the time for filing an appeal in respect of such order was available as on the said date; (c) appeal in respect of such order was filed after the said date within the stipulated time as applicable for filing of such appeal; and (d) aforesaid appeal is filed without any application for condonation of delay
Notification no. 8/2025 dated 20.01.2025- Income tax
CBDT issued notification no. 8/2025 dated 20.01.2025 whereby the Central Government makes the following Order to remove the difficulty, arisen in giving effect to the provisions of the Direct Tax Vivad Se Vishwas Scheme, 2024.
Direct Tax Vivad Se Vishwas Scheme, 2024
CBDT issues Circular No. 20/2024 dated December 30, 2024 extending due date for determining amount payable as per column (3) of Table specified in section 90 of Direct Tax Vivad Se Vishwas Scheme, 2024 from 31st December, 2024 to 31st January, 2025.
Guidance Note 2/2024 on provisions of the Direct Tax Vivad se Vishwas Scheme, 2024
CBDT issued a Circular no. 19 of 2024 dated 16.12.2024 providing Guidance note on provisions of the Direct tax Vivad se Vishwas Scheme, 2024
Vivad Se Vishwas Scheme 2024: CBDT sets new deadline on Jan 31, 2025; check details for settling tax disputes
The deadline for determining the payable amount under the Direct Tax Vivad Se Vishwas Scheme 2024 has been extended by the Central Board of Direct Taxes (CBDT). Taxpayers now have until January 31, 2025, to submit their declarations and resolve disputes at reduced tax rates. Effective February 1, 2025, individuals participating in the scheme will be required to pay additional fees based on updated rates.
Circular No. 20/2024 dated 30.12.2024
CBDT issued Circular No. 20/2024 dated 30.12.2024 regarding Extension of due date for determining amount payable as per column (3) of Table specified in section 90 of Direct Tax Vivad Se Vishwas Scheme, 2024.
Circular No. 19/2024 dated 16.12.2024
Central Board of Direct Taxes (CBDT) issued Circular No. 19/2024 dated 16.12.2024 to provide Guideline Note 2/2024 on provisions of the Direct Tax Vivad Se Vishwas Scheme, 2024.
Dispute Settlement: Decoding Vivad Se Vishwas Scheme 2.0
The Union Budget 2024 witnessed the announcement of a sequel to the widely popular and successful ‘vivad se vishwas’ dispute settlement scheme introduced by the Government in 2020, in an attempt to reduce litigation and unlock revenues under disputes for the government. On September 19, 2024, the Central Board of Direct Taxes formally notified the Direct Tax Vivad Se Vishwas Scheme 2024 (“VSVS 2.0” or “Scheme”) to take effect from October 1, 2024 along with applicable rules and forms governing the procedure for implementation of the Scheme.