The Vivad Se Vishwas 2.0 Scheme 2025 is a simple way for you to resolve income tax disputes quickly. This scheme helps taxpayers and the Income Tax Department settle pending cases without any hassle. By using VSV 2.0, you can easily manage appeals in places like the Joint Commissioner of Income-tax (Appeals), Income Tax Appellate Tribunal (ITAT), and higher courts.
This scheme covers many tax issues such as appeals, writ petitions, and special leave petitions pending as of July 22, 2024. Most importantly, it allows you to settle your tax problems without paying any penalties or interest. Also, no legal action will be taken on cases settled through this scheme. It even includes objections raised before the Dispute Resolution Panel (DRP) if the final assessment order is not ready yet. However, it does not cover cases involving searches, prosecutions, undisclosed foreign income, or serious legal matters.
About Vivad Se Vishwas 2.0 Scheme
This improved scheme launched on October 1, 2024, is India’s way to help taxpayers resolve tax disputes easily. It is an updated version of the 2020 scheme, introduced as part of the budget by Finance Minister Nirmala Sitharaman. Since many tax disputes remain unresolved, this new version offers a better solution to clear pending disputes as of July 22, 2024.
The scheme covers appeals, writ petitions, and objections before the Dispute Resolution Panel. If you’re dealing with tax problems, this can be a helpful option.
Currently, around 27 million direct tax demands worth Rs. 35 lakh crore are stuck in courts. Experts suggest companies review pending cases especially since tax rates could go up by 10% starting January 1, 2025.
The first Vivad Se Vishwas Scheme helped about 1 lakh taxpayers settle their disputes, allowing the government to collect about Rs. 75,000 crore. This new scheme aims to make it easier for you to resolve tax issues quickly and smoothly.
Main Objectives of Vivad Se Vishwas 2.0 Scheme
- Reduce ongoing tax disputes and court cases.
- Provide a clear and easy process for settling tax issues.
- Allow settling disputes without any penalties or interest.
- Make resolving disputes less expensive and faster.
- Help lower the number of pending tax cases in courts and tax departments.
- Encourage taxpayers to follow tax rules and clear outstanding issues.
- Cover pending appeals, writ petitions, and objections before relevant tax authorities.
Summary of Vivad Se Vishwas 2.0 Scheme 2025
| Scheme Name | Vivad Se Vishwas 2.0 Scheme 2025 |
| Launched By | Government of India |
| Launch Date | October 1, 2024 |
| Department | Income Tax Department |
| Coverage | Pending tax disputes as of July 22, 2024, including appeals, writ petitions, objections |
| Exclusions | Cases involving searches, prosecutions, undisclosed foreign income, serious offenses |
| Pending Cases | About 27 million direct tax demands worth Rs. 35 lakh crore |
| First Scheme Participation | Nearly 1 lakh taxpayers; Rs. 75,000 crore collected |
| Goal | Reduce tax court cases and offer low-cost dispute resolution |
| Beneficiaries | Taxpayers with pending income tax disputes eligible for settlement |
| Benefits | Penalty and interest waivers; no prosecution for settled cases |
| State Applicability | All states of India |
| Form of Benefit | Tax dispute settlement |
| Hosting Site | NIC (National Informatics Center) |
| Application Mode | Online (details to be shared soon) |
| Official Website | To be released soon |
Who Can Apply? Eligibility Criteria
- You must have pending income tax disputes or appeals as of July 22, 2024.
- Cases can be pending in these forums:
- Supreme Court
- High Courts
- Income Tax Appellate Tribunal (ITAT)
- Commissioner or Joint Commissioner (Appeals)
- Before the Dispute Resolution Panel (DRP)
- Revision petitions awaiting decision from Commissioner of Income Tax are included.
- Available for both taxpayers and tax authorities involved in disputes.
Benefits of Vivad Se Vishwas 2.0 Scheme
- Reduce ongoing tax disputes and court cases.
- Faster and simpler way to settle tax issues.
- No penalties or interest on resolved disputes.
- No legal action on cases settled under this scheme.
- Covers appeals, writ petitions, and disputes before tax authorities.
- Encourages timely tax compliance.
- Reduces legal costs from long court battles.
- Gives clarity and confidence in tax matters.
Documents Needed to Apply
- Aadhar Card
- PAN Card
- Residence Certificate
- Details of tax dispute
- Appeal documents
- Objections submitted to DRP
- Revision petitions records
- Copies of tax returns
- Payment receipts
- Passport size photo
- Active mobile number
Important Dates to Remember
- Scheme Start Date: October 1, 2024
- Cut-off Date for Pending Cases: July 22, 2024
- Last Date to Apply: To be announced
How to Apply for Vivad Se Vishwas 2.0 Scheme
As of now, the exact application process is not announced. The scheme started on October 1, 2024, and is made for taxpayers with tax disputes.
Keep checking official government portals and news for the application steps. Once ready, you can apply online through the designated website. Stay updated to take advantage of this helpful scheme.
Contact Information
If you have any questions, you can contact the Income Tax Department through:
- Phone: 1800 180 1961 or 1800 103 1961
- Email: contact@incometax.gov.in
Frequently Asked Questions (FAQs)
What is Vivad Se Vishwas 2.0 Scheme?
This is a government plan to help resolve ongoing income tax disputes and reduce court cases.
When does the scheme start?
It started on October 1, 2024.
Who can join the scheme?
Taxpayers with pending income tax disputes or appeals as of July 22, 2024.
What disputes does it cover?
Appeals, writ petitions, and objections waiting with various tax authorities.
Are penalties charged if I settle under this scheme?
No, penalties and interest are waived for cases settled.
How can I apply?
The application details will be shared soon by government sources. Keep updated to know when the scheme opens.