Vivad se Vishwas Scheme 2024

[MUKUNDA SHIVA]

Can the TDS reflected in Form 26AS be adjusted against the tax payable under the Vivad Se Vishwas Scheme (VSVS) 2024 if the taxpayer has not filed a return and the assessment order under Section 147 has been appealed before the CIT(A)?

It is observed that the VSVS form includes fields only for tax payment details (such as challan number and BSR code) but lacks a specific field for TDS credit, raising questions about the eligibility of TDS adjustments in this scenario.

Could anyone please clarify this?

[DR.MARIAPPAN GOVINDARAJAN]

In my view it is not possible.

AI Summary

TDS credit adjustment cannot be applied under Vivad Se Vishwas Scheme where return not filed and assessment appealed Whether TDS credit reflected in Form 26AS can be adjusted under the Vivad Se Vishwas Scheme where no return is filed and the reopened assessment is under appeal, given the scheme form records only tax payment details and lacks a specific field for TDS credit; expert view: such adjustment is not possible.