Direct Tax Vivad Se Vishwas Scheme: File a dispute declaration before Dec 31 or pay 110% of tax demand on Jan 1
Tax disputes: In the Budget 2024 speech, Union Finance Minister Nirmala Sitharaman unveiled the Vivad Se Vishwas Scheme to assist taxpayers in resolving their tax disputes with the income tax department. This scheme allows taxpayers to settle their outstanding tax liabilities by paying the disputed amount along with a defined percentage. By doing so, taxpayers … Read more