What if the payment to be made under the Scheme after the receipt of Form 3 is not paid within the due date given for payment along with additional amount(i.e Oct 31st 2021)
Will the appeal already filed hold good or will the appeal be treated as withdrawn and revert back to assessment proceedings

Amount Payable under Form-1 filed by me was Rs. 1,89,846 and Rs. 2,08,831 (10% extra option). Department issued Form-3 and amount payable was Rs.2,37,811 and Rs. 2,56,794 (10% extra).

Later on they corrected suo moto due to clarification regarding 125% applicability and Amount payable was shown as Rs. 1,90,350 and Rs. 2,09,385 (10% extra).

Due to error on the Income Tax Portal we were not able to download Form-3 till 30/09/2021. We had spoken several time with the helpline numbers. At last it was downloaded on 7th October,2021.

My client had paid Rs. 1,89,846 before 30th September,2021 as per Form-1. Form-3 came later on.

Now my query is how much additional amount my client will have to pay :

1) Rs. 504 (Difference of Form-1 and Form-3) OR

2) Rs.554 (Difference of Form-1 and Form-3 – Rs. 504 plus Rs. 50 (10% extra) OR

3) Rs. 19539 (Difference of Rs. 209385 (Total Additional Amount as per Form-3) – Rs. 189846 (Amount Paid)

Please guide. This situation has arisen due to Departmental Portal issue without any fault of the Client

What is the time limitation for issue of refund by the department determined in Form 5 of VSV? If the refund is not received within the said time limit then whether the assessee is entitled for interest on the delayed period and what is the procedure. pl. guide

The AO adjusted tax payable under Vivad Se Vishwas (VSV) Scheme while passing rectification order u/s 154 for correction of mistakes in the assessment order and calculated refund. This rectification order was passed after assessee filed Form 1 and 2 of VSV Scheme.

The DA has now issued Form 3 showing ‘0’ amount in Tax payable arrear and Amount payable under DTVSV.

Since department has already recovered tax payable in DTVSV in rectification order passed u/s 154, should the assessee file a rectification of Form 3 so that the tax paid in VSV is correctly shown in Form 3 and Form 5.

Sir,

The option to file Form 4 under DTVSV has disappeared from the IT portal. Help line person told that it has been removed as due date to file the Form 4 is over on 30/09/2021.

Is it true? What can be done now. As I’ve received from 3 and have paid tax also.

Earlier I could not file the form as it did not move once appeal withdrawal letter was attached.

Please guide me.

Thank you,

sir
we have submitted , after completing all the requirements of the form 4.

But it is showing us the pin code not matching. we have tried so many times but unable to upload this document only because of this error.

please kindly help us by giving us proper instructions to move forward in this aspect .
thank you
suresh

Form 5 received. CIT(A)- NFAC has also dismissed the appeal due to Form 5. But the AO has not received the copy of order dismissing the appeal from NFAC and he is not accepting the copy available on e-proceeding tab of the Assessee. So, AO is denying the remove the demand from portal. What to do.

I received Acknowledgement Number :237657430020221 of Form 5 from PCIT Bhubaneswardated 03/02/2021 where the designated authority by certificate no.220126670190121 dated 19/01/2021 determined the amount Rs -2731557 rupees refundable to me.But till now I have not received any refund and no further communication from Income Tax department.

I am a senior citizen of about 70 years old.Kindly suggest what shall I do.

RESPECTED SIR,
Main DTVSV KA FORM NO 4 FILLED Kar rahi hu. lekin muze date of deposite ki jo date hai usme error a rahi hai portal o date accept nahi kar rahi hai.
so, please guide me.
thank you.

I Had already filed Form- 1 & 2 on 31st jan 2021 & was issues form 3 on 11th Feb 21 & I even made the entire payment as asked in form 3 on 31st March 21 & also filed form 4 on 24th May 21 but yet not got Form 5 even after 5 months, I am shocked to see there is outstanding demand showing along with interest which is increasing day by day, what should I do? I seriously need help please help