DTVSV Scheme, 2024: Form 1 & Form 3 are now available for online filing

DTVSV Scheme, 2024 is a scheme notified by the Government of India on 20th September, 2024 to resolve pending appeals in case of income tax disputes.  

The DTVsV Scheme, 2024 was enacted vide Finance (No. 2) Act, 2024. The said scheme shall come into effect from 01.10.2024. 

The rules and forms for enabling the scheme have been notified vide Notification No. 104/2024 dated 20.09.2024.  

Four separate Forms have been notified for the purposes of the Scheme. These are as follows:

• Form-1: Form for filing declaration and Undertaking by the declarant
• Form-2: Form for Certificate to be issued by Designated Authority
• Form-3: Form for Intimation of payment by the declarant
• Form-4: Order for Full and Final Settlement of tax arrears by Designated Authority

The Scheme provides that Form-1 shall be filed separately for each dispute provided that where appellant and the income-tax authority, both have filed an appeal in respect of the same order, single Form-1 shall be filed in such case.

Form 1 and Form 3 shall be furnished electronically by the declarant on the e-filing portal of Income Tax Department i.e www.incometax.gov.in.

Prerequisites for availing this service

To upload Form 1, user should have a registered PAN in e-Filing portal
A valid digital signature certificate, if the return of income is required to be furnished under digital signature or electronic verification code in other cases.

About the Form

Purpose

Form 1 is the declaration filed under the provisions of the DTVsV Scheme, 2024 to the designated authority in respect of tax arrear and the amount payable by the declarant under the Scheme.

Who can use it? 

Any person filing a declaration under the DTVsV Scheme, 2024.        

Form at a Glance

Form 1, DTVsV has six parts and 27 Schedules –

• Part A- General Information
• Part B- Information Relating to Dispute
• Part C- Information Related to Tax Arrears
• Part D- Information Related to Amount Payable
• Part E- Information Related to Payments Against Tax Arrears
• Part F- Net Amount Payable/ Refundable
• 27 Schedules

Part A- General Information

This section contains general information of the declarant (Name, email id, mobile number, Appeal Reference Number etc.)

Part B- Information Relating to Dispute

This section contains information about nature of tax arrear, details of the order like Income-tax authority / Appellate Forum who passed the order, date of order etc.

Part C- Information related to Tax Arrears, Part D- Information Related to Amount Payable, Part E- Information Related to Payments Against Tax Arrears and Part F- Net Amount Payable/ Refundable

27 Schedules based on the Information Provided in the Form relating to disputed tax, Appellate Authority and Assessee

How to Access and Submit the form?

• Login to the e-Filing portal using valid credentials.
• On your Dashboard, click e-File > File Income Tax Forms.
• On the Income Tax Forms page, select Vivad SeVishwas Scheme, 2024 Form1 DTVSV. Alternatively, enter Form 1 DTVsV  in the search box to file the form. Click File Now
• On the Form 1 page, select whether the declaration relates to TDS dispute u/s 194-1A/ 194-1B/ 194-M and click Continue. 
• Click on Let’s Get started.
• Provide Details for Part A and Part B and Part C, D, E and F.
• Provide details in the applicable Schedules.
• After providing complete details, click on Verification Tab
• After Verification, click on Undertaking Tab.
• Now, all the sections of the form are completed. Click on Preview button.
• Click on Proceed to e-Verify and Yes on pop message to e-verify the form.
• Select the verification modes to verify the form and click continue.
• After e-verification form will be submitted and you will get the Acknowledgement number of the form on your registered mail id and mobile no. The submitted form can also be viewed and downloaded from View Filed Forms Functionality.