Income tax relief: Deadline of Vivad Se Vishwas Scheme extended, taxpayers get more time to pay a lower amount of tax to settle dispute

Vivad Se Vishwas Scheme: The Income Tax Department has extended the deadline to January 31, 2025 to pay a lower amount of income tax to avail Vivad Se Vishwas Scheme 2024. The direct Tax Vivad Se Vishwas Scheme 2024 announced in Budget 2024 provides an opportunity to taxpayers for settling their pending tax disputes with the Income Tax Department.