Question And Answer | |
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Subject: | Viwad Se Vishwas Form 5 |
Category: | Income-Tax |
Querist: | Tauseef |
Answered by: | Research Team |
Tags: | Vivad se Vishawas Scheme, Viwad Se Vishwas Form 5 |
Date: | November 21, 2022 |
Sir ,
We have already paid tax settlement amount demanded by IT under Vishwas Se Viwad Scheme. We withdraw the appeal in portal as well by uploading Form 1,2 & 3.
But we were late in replying Form 4 payment details because of my father medical condition. But we have already paid tax settlement amount as demanded by IT within given time. It just that we failed to submit Form 4 on time for which we got few notices.
Now we have submitted Form 4 and it show Awaiting Form 5 from CIT on portal.
What can be possible outcome ?
Department may not issue Form No 5 . The assessee may have to file writ before High Court .
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