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Vivad Se Vishwas scheme: Government settled disputed tax of Rs 99,756 crore

New Delhi | Ministry of Finance | 09-August-2021:

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)

Number of Disputes Addressed

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

Payments against Disputed Tax (Rs.Crores)

A

B

C

D

1,32,353

1,46,701

99,756

53,684

 


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TaxGyata Team

TaxGyata Team