Govt. increases payment date for Vivad se Vishwas Scheme to 31.03.2021



Quick Summary
The government has extended the payment deadline for the Vivad se Vishwas Scheme to March 31, 2021, offering further relief to taxpayers. While the last date to file a declaration under the scheme remains December 31, 2020, payments without additional charges can now be made up until the new March deadline. The Finance Secretary has urged the Income Tax Department to actively reach out to taxpayers, providing necessary support to facilitate the scheme's benefits, which include dispute resolution, waiver of penalties, and interest.

Payment Date Extended for Vivad se Vishwas Scheme Finance Secretary urges I-T Department to Reach Out to the Taxpayers In order to provide further relief to the taxpayers desirous of settling disputes underVivad se VishwasScheme, the Government today further extended the date for making payment
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FAQ :

The payment deadline for the Vivad se Vishwas Scheme has been extended to March 31, 2021.

The last date to file a declaration under the Vivad se Vishwas Scheme is December 31, 2020.

Yes, for declarations made by December 31, 2020, you can make the payment without an additional amount until March 31, 2021.

The scheme offers taxpayers instant dispute disposal, waiver of penalties, interest, and prosecution, providing monetary benefits and peace of mind.

The Income Tax Department is urged to reach out to taxpayers, offer handholding, and facilitate the scheme's implementation by cleaning up demands and resolving issues.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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