The Income Tax Department has extended the 2024 deadline for the Vivad Se Vishwas Scheme 2024 to January 31, 2025. Originally scheduled to end on December 31, 2024, the extension gives taxpayers additional time to resolve low-level tax disputes avoiding a 10 per cent penalty for late filings. Benefits of extension of time Announced in Budget 2024, the Vivadase Vishwas …
New Delhi: The Union government on Friday said the second edition of the Direct Tax Vivad Se Vishwas Scheme 2024, which will help reduce litigation and bring certainty for taxpayers, will become operational from 1 October. {{^adFree}} {{/adFree}} "In exercise of the powers conferred by sub-section of section 88 of the Finance Act, 2024, the Central Government hereby appoints the …
The government again extended the deadline for settling tax disputes under the Vivad se Vishwas scheme without paying any interest and penalty by the month to January 31, 2021, from December 31, 2020. The government has extended various tax compliance deadlines, including Income Tax Returns, tax audit reports, and declaration under 'Vivad Se Vishwas Scheme, in view of the challenges …
