Eligibility with regards to DTVSV – 24 Scheme of Income Tax

This query is : Resolved

PRAVIN CHITRODA (Querist)
Follow

30 December 2024 Assessing officer has finalized the assessment for the A.Y.2016-17 and imposed a demand of Rs.17,63,712/- (including interest).
Mr.A has filed the appeal against the order and paid the Tax amount of Rs. 6,34,480/- as on dated 10th april 2024. Whether Mr.A is eligible for the DTVSV – 24 Scheme of Income Tax to waive interest ?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

31 December 2024 Yes, Mr. A has already paid a portion of the tax demand (Rs. 6,34,480) and assuming it pertains to the tax amount itself (not interest), he may be eligible to apply under the DTVSV Scheme for the waiver of interest.