‘Cairn dispute can’t be settled via Vivad se Viswas scheme’
April 06, 2021
Pramod Chandra Mody, Chairman, Central Board of Direct Taxes - Bijoy Ghosh×
Says scheme receives over 1.48 lakh declarations and over ₹54,000 crore
The tax dispute with Cairn Energy Plc cannot be brought under the Vivad se Viswas scheme, a senior Income Tax Department official has clarified.
“The scheme is closed now. Whosoever wanted to avail himeself of the scheme, has done so,” Pramod Chandra Mody, Chairman, Central Board of Direct Taxes (CBDT), told
BusinessLine.
The last date to make a declaration under the scheme was March 31, while payment of disputed tax without any additional amount (as prescribed under the scheme) can be made till April 30. The Department has received over ₹54,000 crore under the scheme as payment against disputed tax.