| Question And Answer | |
|---|---|
| Subject: | VSV scheme |
| Category: | Income-Tax |
| Querist: | Adini Baser |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | Vivad se Vishawas Scheme |
| Date: | July 15, 2024 |
Hello Sir,
The assessee had opted for vivad se vishwas scheme for A.Y. 2015-16 and paid the tax arrear after issuance of form 3 dated 30.01.2021 accordingly. Thereafter form 5 also issued to the assessee. However, despite payment of tax made by the assessee on 03.05.2021 the revenue had adjusted the amount of refund for the A.Y. 2023-24 against the outstanding demand.
Is it allowable? If not, then what is the remedy to ask for refund? Reply at the earliest should be appreciable.
Reply of the Expert is awaited. Please check back later
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