What is the new deadline for 'Vivaad se Vishwas Scheme'?
A) January 31, 2025
B) 25 February, 2025
C) March 30, 2025
D) 20 April, 2025
Answer : A
Description :
The Central Board of Direct Taxes (CBDT) has extended the deadline for the Dispute to Trust Scheme from December 31, 2024 to January 31, 2025. This extension gives taxpayers additional time to resolve their tax disputes at lower rates. The scheme came into effect from October 1, 2024, enabling taxpayers to settle their unresolved tax obligations by paying the disputed amount along with a specified percentage, while waiving any additional penalty or interest.
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