
The Central Board of Direct Taxes ( CBDT ) has again extended the
Deadline for filing declaration under ‘Vivad Se Vishwas’ scheme till 31
March, 2021, and the due date for payment without additional amount
under VSV extended to 30th April, 2021.
As per a CBDT’s notification, the date for payment of tax without
additional interest under VSV remains unchanged at 30 April, 2021.
Notification no. 09/2021 in S.O. 964(E) dated 26/02/2021 issued. Date
for payment without additional amount under VSV extended to 30th April,
2021,” the Income Tax department said in a tweet late Friday.
The Vivad se Vishwas scheme is similar to the ‘Indirect Tax, Sabka
Vishwas’ scheme, which was introduced by Finance Minister during her
maiden budget presentation in July 2019. The “Sabka Vishwas” legacy
dispute resolution scheme was aimed at reducing disputes related to
excise and service tax payments.