This discussion clarifies the DTVSV application regarding tax payment deadlines. Due to the extension to 31st January 2024, taxpayers only need to pay 100% of the tax amount, not 110%. The Income Tax Department does not consider 31st December 2024 as 31st January 2025. It is advised to pay 100% by the new deadline and select the option before 31st December 2024 if unsure about the form fields.
08 January 2025
Since due date is extended upto 31st January,2024 and assessee need to pay 100% of tax amount instead of 110%, so in form of DTVSV there is option to pay tax after 31.12.2024 in which we need to fill tax demand at 110%? Income tax department consider 31.12.2024 as 31.01.2025 ?