Direct Tax Vivad Se Vishwas Act

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Budget 2024: Announcement on withdrawal of petty direct tax demands unlikely to reduce pendency in courts, say legal experts

Compared to other ministries, the Finance Ministry files the maximum number of cases. As of Jul 2023 the ministry was fighting over 1.7 lakh cases.
Decriminalise more provisions in tax laws in Budget 2024, say lawyers and CAs

Right now, criminal prosecution in income tax law gets triggered even for trivial human errors such as delays in deposit of withholding taxes, they say. These and similar other provisions do not help build an environment of trust between the taxpayer and the authorities, experts say.
Income Tax Department extends deadline for filing declarations under VsV scheme till March 31

The last date for filing declaration under VsV scheme was February 28, while for paying the disputed tax the date is March 31.

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Direct Tax Vivad Se Vishwas Act

Budget 2024: Announcement on withdrawal of petty direct tax demands unlikely to reduce pendency in courts, say legal experts

Decriminalise more provisions in tax laws in Budget 2024, say lawyers and CAs

Income Tax Department extends deadline for filing declarations under VsV scheme till March 31