Wednesday, 22 January 2025

Scope of Direct Tax Vivad Se Vishwas Scheme, 2024 expanded

 Scope of Direct Tax Vivad Se Vishwas Scheme, 2024 expanded to cover cases where orders had been passed on or before 22 July 2024 where time to file an appeal had not expired

This Tax Alert summarizes Order No. 8/2025 dated 20 January 2025 (Order) issued by the Central Board of Direct Taxes  (CBDT) to expand the scope of Direct Tax Vivad Se Vishwas Scheme, 2024 (VSV 2.0) to include appeals filed in a timely manner after 22 July 2024, in respect of orders passed on or before 22 July 2024 for which the time to file an appeal had not expired as on 22 July 2024. In such cases, disputed tax is calculated based on such appeal.

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Scope of Direct Tax Vivad Se Vishwas Scheme, 2024 expanded

  Scope of Direct Tax Vivad Se Vishwas Scheme, 2024 expanded to cover cases where orders had been passed on or before 22 July 2024 where tim...