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As many as 33,000 tax payers availed of VVS 2.0 scheme, the deadline of which ended in January, Sitharaman said. (Representative Picture)
3 min read Last Updated : Feb 07 2025 | 12:08 PM IST
The government has taken various steps to settle direct tax disputes, but legal rows between the authorities and taxpayers refuse to end. In fact, disputes are increasing if the money involved is any indication.
The previous United Progressive Alliance government tried to bridge the gap between the authorities and taxpayers by simplifying the language in the Direct Taxes Code (DTC) Bill, 2010 (it was to replace the Income Tax Act, 1961) and raising monetary limits to file appeals before the Income Tax Appellate Tribunal (ITAT), High Courts and the Supreme Court.
The DTC Bill lapsed with the dissolution of the