Question And Answer | |
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Subject: | : Direct Tax Vivad Se Vishwas Act , 2020 – Procedure for payment of tax . |
Category: | Income-Tax |
Querist: | Dinesh |
Answered by: | Advocate Shashi Ashok Bekal |
Tags: | payment of tax, Vivad se Vishawas Scheme |
Date: | June 26, 2021 |
We have received the Form 3 from designated authority regarding the payment of tax. In Form 4 we have to submit the details of tax paid along with the proof of withdrawal of relevant appeal. What is the procedure to pay the this tax. Whether it has to be paid through income tax portal or we can pay it offline through challan. Kindly guide me on the procedure to make the payment of tax after receiving Form 3
No separate challan has been introduced for payment under VSV. Accordingly, same challan which was earlier used for payment of regular demand can be used for payment of amount payable under VSV. The last date for payment without any additional amount has been extended to August 31, 2021 (CBDT Press Release dated June 25, 2021).
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