Answers On Topic: Vivad Se Vishwas Scheme
I would like to inform you that I had filed an application in Form-1 & Form-2 under the Direct Tax Vivad Se Vishwas Act, 2020 for A.Y. 2015-2016 on 30/12/2020. In this regard I had downloaded Form-3 on 28/01/2021 issued by PCIT reflecting a demand of Rs.34,56,196/- to be paid before 30/09/2021 without additional amount and demand of Rs.39,27,815/- to be paid before 31/10/2021 with an additional amount. Further I had made the tax payment of Rs.34,56,196/- on 27/08/2021 and filed Form-4 on 16/09/2021. After following up with the officer for non-issue of form-5, I was informed that revised Form-3…
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What is the last date for passing order under form 5 for Direct Tax Vivad Se Vishvas Scheme.
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Form: 5 has been issued under Vivad Se Vishwas Scheme settling demand arising from order u/s. 144 rws 147 for AY 2012-13. After that AO has issued notice u/s. 154 for change in tax demand arising from order u/s. 144 rws 147 for AY 2012-13. Whether AO can change demand when he has ascertained demand while accepting declaration under VsVs. ? Whether change in demand will affect already issued Form: 5? What the remedies to the assessee for remaining demand?
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QUERY REGARDING VIVAD SE VISHWAS FORM-5