Circular No. 20/2024 dated 30.12.2024 has been issued
FinTech BizNews Service
Mumbai, 30 December, 2024: The Centra Board of Direct Taxes (CBDT), in exercise of its powers under sub-section (2) of section 97 of the Direct Tax Vivad Se Vishwas Scheme, 2024 ('the Scheme') extends the due date for determining amount payable as per column (3) of the Table specified in section 90 of the Scheme from 31" December, 2024 to 31 " January, 2025.
Accordingly, notwithstanding anything contained in the Direct Tax Vivad Se Vishwas Scheme, Rules or Guidance Note of 2024, in such cases where declaration is filed on or before 3 1st January, 2025, amount payable shall be determined as per column (3) of the Table specified in section 90 of the Scheme, and where declaration is filed on or after 01 " February, 2025, amount payable shall be determined as per column (4) of the said Table.
