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Vces scheme

Queries 449 views 1 replies

Prateek Singh

CA Intermdiate

45 Points Joined February 2011

Hi friends

My query is with regard to the new VCES ST scheme. I want to know if one can pay the ST liability in installments

or not. Please help me with the query, its urgent as deadline is approaching.

Thanks and regards

Prateek Singh

Replies (1)

Deepak Gupta

CA Student

15927 Points Joined May 2011

Originally posted by : Prateek Singh
	Hi friends My query is with regard to the new VCES ST scheme. I want to know if one can pay the ST liability in installments - YES or not. Please help me with the query, its urgent as deadline is approaching. Thanks and regards Prateek Singh

The declarant is required to pay not less than 50% of tax dues on or before 31st December 2013.
.
Balance on or before 30th June 2014 and if not paid, can be paid on or before 31st December, 2014 along with interest from 1st July 2014.