Rs 99,756 crore disputed tax amount settled under Vivad Se Vishwas scheme

The scheme ‘Vivad Se Vishwas’ is a voluntary scheme for resolving pending direct tax disputes amicably with the taxpayers and no targets were fixed by the Government under the  Scheme. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha today.

Giving more details, the Minister tabled data of cases settled and amount under the said scheme is as per table given below: –

Current Status declarations filed under Vivad Se Vishwas Scheme

Count of Form-1 Filed

(cases settled) (A)

Number of Disputes Addressed (B)

Disputed Tax Amount Settled (as per Declaration filed) (Rs. Crores) (C)

Payments against Disputed Tax (Rs.

Crores) (D)

1,32,353

1,46,701

99,756

53,684

****

Published by Business So Simple

Hi, I am business consultant working with a team of Chartered Accountants, Company Secretaries, Lawyers & MBAs. I am promoter of " Make Your Business So Simple" "Make Education So Simple" Make Life So Simple" Make Legal Affairs So Simple".

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: