Dispute settlement scheme: declarants may file declarations and pay prescribed percentages to secure full and final tax settlement. The Guidance Note sets out the Direct Tax Vivad Se Vishwas Scheme, 2024 as a statutory settlement mechanism whereby an eligible appellant may file a declaration, pay prescribed percentages of the disputed tax or disputed interest/penalty as determined by the Designated Authority, and obtain a Form 4 order recording full and final settlement; it specifies eligibility limits, excluded categories (including search based assessments, prosecutions and undisclosed foreign income/assets), prescribed Forms and timelines, non refundability of payments, and collateral effects on TDS/TCS and prosecution immunity.