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Image Credit: Bloomberg Quint

Deadline To Settle Tax Disputes Under Vivad Se Vishwas 2024 Extended To April 30

  • The last date to apply for the Direct Tax Vivad Se Vishwas Scheme, 2024 (VSV 2.0) has been extended to April 30.
  • Under the scheme, individuals and companies can settle ongoing tax disputes by paying the disputed tax amount along with a specified percentage.
  • Only tax disputes that were pending on or before July 22, 2024, are eligible under this scheme.
  • Once the declaration is filed, the tax authority issues a certificate within 15 days and the case is closed.

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