Sir, in my case form 5 has been issued by CIT, thereafter i received a notice from department for rectification u/s 154 for enhancement of tax and interest on the mistake apparent from record. Mistake pointed out by department is correct. Can the department enhance the demand after issuance of form no. 5 ? Kindly assist. A quick response is highly appreciable.

We have paid 25% of penalty tax by availing Vivaad Se Vishwas Scheme.
We had filed petition in HC against income tax. How to withdraw case from HC now? Mere application is enough or have to appoint advocate for withdrawal of case or we can do the same. Previous advocate has shifted from mumbai so have to manage by us. Pls guide.

Assessed receive order under section 143 3 and filled his form 35 for appeal and assessing officer sent to form to CIT ANY REPLY WAS NOT YET RECEIVED ONE QUESTION IS MY QUARY IS IN WHICH SECTIONS ARE IMMUNITY OF THE SCHEME

i am v.saroja holding pan aqxpv6174d. My husband had to recieve Rs.24,60,191 refund amount through vivad se viswas scheme. after he passed away i was chosen as legal heir. but my refund is not processed. i have already filed form 4 and recieved form 5. so i filed a grievance in cpgrams. even though i havent recieved my refund. i request the department to look into this issue.

Penalty notice received even after filling under vivad se viswaas , vsv form 5 also received,what to do now

The assessee has not filed return of income. Assessment was completed by making an addition of Rs.9,61,000.The assessee availed Vivad se Vishwas paid taxes received Form. No.5. Penalty under section 271F of Rs. 5,000/- levied. In the scheme no penalty if scheme is availed. Please clarify whether penalty is leviable.

my clients filed appeal u/s 264 of income tax act for the assessment year 2015-16 and 2016-17. and i have filed vivad se vishwas application within time but application is rejected with the reason that appeal filed with in no time limit. but my appeal is still pending in department and there is no rejection of appeal

The order wherein final demand was settled was passed on 21.12.2020. The Assessee filed Form 1 & 2 for VSV on 29.12.2020. However, refund of another year was adjusted with the outstanding demand vide above mentioned order. The Assessee inadvertently ignoring the amount of refund adjusted made payment of tax disputes under VSV. Please guide on how to take refund from the Income Tax Department. Have visited the Assessing Officer, but no further action from their side.

With regard to the replacement of machinery claimed as revenue expenditure by the assessee but treated as capital expenditure in the assessment by the assessing officer. The issue is pending before appeal. If the dispute is settled Under VsVs scheme can the assessee claim consequential depreciation in respect of that asset in subsequent years taking into account sec 8 of the VsVs act 2020

WE RECEIVED FORM 5 FROM CIT IN THE MONTH OF SEPTEMBER 2021 BUT YET NOT RECEIVED REFUND. I WANT TO KNOW WHAT IS THE FURTHER PROCESS AFTER RECEIVING FORM 5?