https://www.taxtmi.com/highlights?id=79866 A Direct Tax Vivad se Vishwas Scheme, 2024 is proposed to provide a mechanism for settlement of disputed tax issues, reducing litigation without significant cost to the exchequer. The Scheme aims to address the mounting pendency of appeals at the Commissioner of Income-Tax (Appeals) level, building on the success of the previous Vivaad Se Vishwas Act, 2020. It will come into force and have a last date as notified by the Central Government. The Scheme offers an opportunity for taxpayers and the Department to resolve pending appeals through an expeditious disposal mechanism. en-us Sun, 28 Jul 2024 12:49:33 +0530 Sun, 28 Jul 2024 12:49:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79866 A Direct Tax Vivad se Vishwas Scheme, 2024 is proposed to provide a mechanism for settlement of disputed tax issues, reducing litigation without significant cost to the exchequer. The Scheme aims to address the mounting pendency of appeals at the Commissioner of Income-Tax (Appeals) level, building on the success of the previous Vivaad Se Vishwas Act, 2020. It will come into force and have a last date as notified by the Central Government. The Scheme offers an opportunity for taxpayers and the Department to resolve pending appeals through an expeditious disposal mechanism. Highlights Bill Sun, 28 Jul 2024 12:49:33 +0530 https://www.taxtmi.com/highlights?id=79866