The Vivad Se Vishwas Scheme 2024, introduced in Budget 2024, provides taxpayers with an opportunity to settle pending disputes with the Income Tax Department. By paying the disputed tax amount along with a specified percentage, taxpayers can resolve disputes and avoid penalties and interest. ELIGIBILITY FOR THE SCHEME Taxpayers eligible for this scheme include: Those with pending appeals, writ petitions, …
The mounting cost of Ulez to taxpayers remains under wraps as Transport for London refuse to reveal how much they are having to spend replacing destroyed equipment used to implement the hated scheme. The decision has sparked a major backlash Cameras and vans have become the target of activists as they are sprayed with paint or even toppled in an …
Hyderabad: The municipal administration and urban development department has quietly released a government order extending the one-time settlement scheme for property tax payers, even as the model code of conduct is in place for the MLC polls in nine districts. The government had ordered a waiver of 90 per cent accumulated arrears on property tax provided that taxpayers cleared the …
The Income Tax faceless appeal scheme is not available in cases relating to serious fraud, major tax evasion, international tax and those under black money Act and benami property, the Finance Ministry said on Wednesday. The faceless appeal scheme was launched on September 25 and provides a fully faceless procedure for appeals to Commissioner. However, cases relating to serious frauds, …