Income Tax Deadline: Dispute to Vishwas Scheme is also known as VSV 2.0. This scheme was started on 1 October 2024, under which you can settle tax pending cases till 22 July 2024.
Income Tax Deadline: The Central Board of Direct Taxes (CBDT) has fixed the deadline for filing the declaration for Direct Tax Dispute to Vishwas Scheme 2024. If you are also a taxpayer and come under the purview of this scheme, then you should file your declaration by 30 April 2025. CBDT has issued a circular regarding this deadline.
What is Dispute to Vishwas Scheme
CBDT has started the Dispute to Vishwas Scheme for the convenience of taxpayers, it is a government scheme, in which the ongoing disputes between the Income Tax Department and the taxpayers will be resolved. In this scheme, taxpayers get an opportunity to settle their old tax disputes and avoid all kinds of legal maneuvers. By doing this, the Income Tax Department also does not take any legal action against the taxpayers.
CBDT notifies 30.04.2025 as the last date, on or before which a declaration in respect of tax arrears can be filed by the declarants to the designated authority under the Direct Tax Vivad se Vishwas Scheme, 2024.
Notification S.O. 1650(E) dated 08.04.2025 has been published in… pic.twitter.com/nrKx2QWuod
— Income Tax India (@IncomeTaxIndia) April 9, 2025
Information about the last date of the Dispute to Vishwas Scheme was shared by Income Tax India on its X (formerly Twitter) handle.
The scheme is also known as VSV 2.0
The Dispute to Vishwas Scheme is also known as VSV 2.0. This scheme was started on 1 October 2024, under which you can settle the tax pending case till 22 July 2024. With the help of this scheme, taxpayers trapped in income tax related disputes get relief. Let us tell you that at present, income tax disputes worth about Rs 30 lakh crore are stuck across the country.
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