Section 124 - Relief available under Scheme.

Relief under Sabka Vishwas Scheme: tiered tax relief with prior pre-deposits deducted before net payable is fixed.

Relief under the Scheme grants tiered percentage reductions on tax dues based on whether liabilities arise from show cause notices/appeals, arrears, unpaid return disclosures, or enquiries, investigations or audits quantified by the cut-off date; no relief applies to voluntary disclosures. Any pre-deposit or deposit previously paid in appellate proceedings or during enquiries is deducted from the relief-calculated amount when the designated committee issues the statement of payable amount, and excess prior payments do not entitle the declarant to a refund.