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Query asked by CA R P BASIA on December 5, 2020

Re: execution of procedure on VSVS Scheme

Since the assessee appellant company had filed under VSVS Scheme and consequent upon receipt of Form 3 and the assessee paying the settled due amount is required to filed form no 4 under VSVS Scheme. One of the pre condition in submitting form 4 is that the pending appeal is to be withdrawn and a withdrawal proof is to be attached. Since the appeal was origin ally filed with CIT A 36 who in response to withdrawal application says that the appeal jurisdictions are now changed in view of the faceless appellant provisions applicable with effect from 1st October 2020. It is not known who is to be contacted for the purpose of such withdraw al as there is no facilities to contact national E Faceless appeal center. Now how to comply with the 15 days period time limitation required for filing form 4. Please help out urgently.

CBDT vide Circular No. 18 of 2020 dated 28.10.2020 has clarified that where a declarant files a declaration under Vivad se Vishwas on or before 31st December 2020, the declarant shall make the payment without additional amount on or before 31st March 2021. 

 

the 15-day period for making payment along with Form 4 has been removed. The Declarant has time until March 31, 2021 to make the payment.

 


 

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