The government on Sunday extended by a month the deadline to make payments under direct tax dispute resolution scheme Vivad Se Vishwas till September 30.
In a statement, the finance ministry said, “Considering the difficulties being faced in issuing and amending Form no 3, which is a prerequisite for making payment by the declarant under Vivad se Vishwas Act, it has been decided to extend the last date of payment of the amount (without any additional amount) to September 30, 2021”.
The ministry had in June extended the deadline for making payments under the scheme till August 31.
However, taxpayers have the option to make payments till October 31, with an additional amount of interest.
“It is, however, clarified that there is no proposal to change the last date for payment of the amount (with additional amount) under Vivad se Vishwas Act, which remains as October 31, 2021,” the ministry said on Sunday.
The finance ministry on Sunday extended the last date to avail the GST amnesty scheme, under which taxpayers have to pay a reduced fee for delayed filing of monthly returns, by three months till November 30. The filing of GST return electronic verification code (EVC) have been extended to October 31.
The deadline for filing the equalisation levy statement in Form-1 for 2020-21 has been extended till December 31, against the original due date of June 30.
The quarterly statement in Form 15CC to be furnished by authorised dealers in respect of remittances made for the June and September quarter, can now be filed by November 30 and December 31 respectively. The original due date for filing this statement was July 15 and October 15 respectively.
Intimations by pension Fund and sovereign wealth fund in respect of investment made in India for the June and September quarter, which is required to be furnished by July 31 and October 31, would now have to be furnished by November 30 and December 31 respectively.
Narayan Jain, tax advocate, said he welcomed the decision of the CBDT, which was necessary considering the practical difficulties.
