Taxmann's Analysis | Direct Tax Vivad Se Vishwas Scheme 2024 – A Detailed FAQ Guide

Released on by Taxmann
preview-18

  • Taxmann's Analysis | Direct Tax Vivad Se Vishwas Scheme 2024 – A Detailed FAQ Guide Book Detail

  • Author : Taxmann
  • Release Date : 2024-10-04
  • Publisher : Taxmann Publications Private Limited
  • Genre : Law
  • Pages : 30
  • ISBN 13 :
  • File Size : 65,65 MB
DOWNLOAD BOOK

Taxmann's Analysis | Direct Tax Vivad Se Vishwas Scheme 2024 – A Detailed FAQ Guide by Taxmann PDF Summary

Book Description: Considering the success of the prior scheme and the increasing backlog of appeals at the CIT(A) level, the Government has introduced the Direct Tax Vivad se Vishwas Scheme, 2024 ('Scheme' or 'DTVVS') through the Finance (No. 2) Act, 2024. The DTVVS provisions are outlined in Sections 88 to 99 of the Finance (No. 2) Act, 2024. This article comprehensively answers all pertinent questions regarding the Scheme's FAQs, offering insights based on its current framework and the clarifications provided by the CBDT for similar schemes from preceding years. Key FAQs discussed include: ‣ What are the salient features of the Scheme? ‣ Can taxpayers opt for this Scheme if they have availed of a similar scheme announced in earlier years? ‣ How does DTVVS 2024 differ from DTVVS 2020? ‣ What are the consequences for an assessee who declares to settle disputed tax arrears under the Scheme? ‣ Does the Scheme offer immunity from prosecution to the declarant? ‣ Who is ineligible to make a declaration under the Scheme? ‣ Is the bar on making a declaration applicable solely to the assessment year for which prosecution has been initiated?

Disclaimer: www.yourbookbest.com does not own Taxmann's Analysis | Direct Tax Vivad Se Vishwas Scheme 2024 – A Detailed FAQ Guide books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.