Direct tax vivaad se vishwas scheme 2024
This query is : Resolved
14 February 2025
Hello everyone,
AO passed order u/s 143(3) and raised demand of 5 lacs incl interest for AY 2013-14 and AY 2014-15.
Ay 2013-14 demand was adjusted against refund due and AY 2014-15 demand was collected by attaching the bank account.
both the years matter is pending in appeal with CIT(A) and client would like to settle the matter under VVSVS 2024.
While filing Form-1 (application) it asks for tax already paid and we need to mention BSR and challan no. what to write in this case since we do not have any challan ??
Do client need to pay the tax as per scheme and claim amt already paid/recovered by income tax as refund ???
AO passed order u/s 143(3) and raised demand of 5 lacs incl interest for AY 2013-14 and AY 2014-15.
Ay 2013-14 demand was adjusted against refund due and AY 2014-15 demand was collected by attaching the bank account.
both the years matter is pending in appeal with CIT(A) and client would like to settle the matter under VVSVS 2024.
While filing Form-1 (application) it asks for tax already paid and we need to mention BSR and challan no. what to write in this case since we do not have any challan ??
Do client need to pay the tax as per scheme and claim amt already paid/recovered by income tax as refund ???
Nikhil Kaushik
(Expert)
14 February 2025
you can select No there. and mention the amount of tax refund reduced in the column below.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- Visiting card purchase
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Whether output tax is taken credit by purchaser
- Additional trade name
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
