Quick Summary
In a bid to address challenges arising from the implementation of the Direct Tax Vivad Se Vishwas Scheme, 2024, the Central Board of Direct Taxes (CBDT) has issued a clarification through a gazette notification dated January 20, 2025. The scheme, enacted via the Finance (No. 2) Act, 2024, and effective from October 1, 2024, aims to resolve direct tax disputes amicably. However, specific scenarios have posed complications, including cases where: An order was passed before the specified date
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FAQ :
The clarification aims to remove difficulties and ambiguity in implementing the Direct Tax Vivad Se Vishwas Scheme, 2024, particularly concerning the timeline for filing appeals.
The clarification covers cases where an order was passed before July 22, 2024, the appeal time was still valid on that date, and the appeal was filed after July 22, 2024, within the stipulated time and without a delay condonation application.
Appeals filed under these circumstances will be considered pending as of July 22, 2024, for the purposes of the scheme.
Yes, individuals whose appeals fall under the clarified circumstances will be considered eligible appellants for the scheme.
The disputed tax for eligible appellants will be calculated based on the appeals that have been filed.
The Direct Tax Vivad Se Vishwas Scheme, 2024 came into force with effect from October 1, 2024.
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