Direct Tax Vivad Se Vishwas Scheme, 2024 to come into force from 1st October, 2024
MINISTRY OF FINANCE
(Department Of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 103/2024
New Delhi, the 19th September, 2024
S.O. 4016(E).—In exercise of the powers conferred by sub-section (2) of section 88 of the Finance (No. 2) Act, 2024 (15 of 2024), the Central Government hereby appoints the 1st day of October, 2024 as the date on which the Direct Tax Vivad Se Vishwas Scheme, 2024 shall come into force.
[F.No.370142/17/2024-TPL]
SURBENDU THAKUR, Under Secy., TPL-IV
Direct Tax Vivad Se Vishwas Scheme, 2024 was given birth by the Finance Act (No. 2) of 2024. The Scheme provided immunity from initiation of proceedings in respect of offence and imposition of penalty where the assessee makes a declaration under the DTVSVS 2024 and pays the tax arrear compromising of disputed tax, interest chargeable or charged on such disputed tax and penalty leviable.
Also read: Government notifies Direct Tax Vivad se Vishwas Rules 2024.
Empanelment of General Observers for ICSI Examinations June 2026 ICSI has invited interested members to enroll as General Observers for…
Income Tax Department Pune is engaging Young Professionals CA for assistance in ITAT representation With a view to augment departmental…
IDBI invites application for empanelment of Chartered Accountant firms as Concurrent Auditor for FY 2026-27 IDBI Bank has invited online…
Audit reports must be disclosed if considered relevant by banks in classifying the account of a customer as fraud –…
ICAI sets up a branch of CIRC at Korba city (Chhattisgarh) w.e.f. 6th February, 2026 Council of the Institute of…
Chartered Accountants Final Examination to be held twice a year from May 2026 Examination onwards ICAI vide Notification dated 15.04.2024…