New scheme to settle pending tax disputes from Oct 1: All you should know

Q: How long will it take to read this news story?

The story "New scheme to settle pending tax disputes from Oct 1: All you should know" has 618 words across 22 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "New scheme to settle pending tax disputes from Oct 1: All you should know" was covered 6 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 116 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22649314</li><li>URL: https://beamstart.com/news/new-scheme-to-settle-pending-17270721336295</li></ul>

Business Standard Logo Business Standard 6d ago

New scheme to settle pending tax disputes from Oct 1: All you should know - Business Standard

Quick Summary:

At that time, 483,000 appeals were pending, with Rs 4.96 trillion tied up in disputes.

The intimation of payment is to be provided in Form-3, which must be submitted to the Designated Authority along with proof of the withdrawal of any appeal, objection, application, writ petition, special leave petition, or claim.

However, if both the appellant and the income-tax authority have filed appeals concerning the same order, a single Form-1 should be submitted in such cases.