Vivad Se Vishwas Scheme - 35,074 taxpayers made declarations
By TIOL News Service
NEW DELHI, SEPT 21, 2020: THE total number of taxpayers who have opted for the Direct Tax Vivad Se Vishwas Act since its enactment is 35,074 through Form-1 (Declaration under the scheme) that have been submitted till 8 th September, 2020. This was stated by Mr Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in a written reply to a question in Rajya Sabha yesterday.
Giving more details, the Minister further said that the revenue generated till date through the Act is Rs. 9,538 crore. This figure does not include the payments made by the taxpayers who are yet to file their declarations under the Scheme. The time-limit for filing of declaration under the scheme has been extended till 31 st December, 2020.
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