In a significant update under the Direct Tax Vivad se Vishwas Scheme, 2024, the Central Board of Direct Taxes (CBDT), Ministry of Finance, has notified April 30, 2025 as the last date to file declarations for resolution of tax arrears. The announcement was made via Notification No. S.O. 1650(E), issued on April 8, 2025.
Invoking clause (l) of sub-section (1) of Section 89 of the Finance (No. 2) Act, 2024, the notification sets a definitive timeline for taxpayers looking to resolve pending disputes under the tax amnesty scheme. As per the notification, declarations must be submitted by the declarant to the designated authority on or before April 30, 2025, in accordance with Section 90 of the Act.
This move is part of the government’s continued efforts to reduce litigation and ease tax compliance by offering taxpayers a final opportunity to settle long-standing disputes amicably.
Notification Details
Date: 08/04/2025