Vivax se Viswas scheme: IT dept scraps 15-day rider for tax payment

 

The government extended for the third time the deadline for making payment under the direct tax dispute settlement scheme ‘Vivad se Vishwas’ by three months to March 31, 2021.

As per a CBDT notification, declaration under the Vivad se Vishwas Scheme shall be required to be furnished latest by December 31, 2020.

“In order to provide further relief to the taxpayers desirous of settling disputes under Vivad se Vishwas Scheme, the government today further extended the date for making payment without additional amount from December 31, 2020 to March 31, 2021,” an official statement said.