Re: Mistake in Form 1 Vivad Se Vishwas Scheme

Challan serial no was wrongly typed for prepaid taxes against total liability in submitted Form 1 & Form 2 under VSV scheme which came to know later after issuance Form 3 by designated authority. Form 3 issued with total liability ignoring prepaid liability with remark challan status mismatch. VSV scheme faq states that Form 1 & 2 can be revsied many time before form 3 issuance by designated authority. Please advice how to rectify this error of wrong challan serial no.

Yes the assessee can revise the form .   Please also refer  Circular No 21 / 2020 dt 4 -1-2020 ,  Q. No 89   Once declaration is filed by assessee u/s 4 of Vivad Se Viswas can the same be revised ? If yes , at what stage of the proceedings will the same be allowed ?

Ans . Yes   declaration can be revised any number of times before the DA issues a Certificate under section 5(1) of Vivad Se Vishwas .

  Please  refer question No  Circular No. 9 /2020 dt 22 -4 2020  Q.No. 46 . Whether DA can amend his order to rectify any patent errors .?

Ans . Yes , the DA  shall be able to amend his order under section 5 to rectify any apparent errors  .  

 

It may be desirable to file rectification before  Designated Authority . In case no order is passed . It may be desirable to file revised form before specified date .

 

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