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The Finance Ministry on Tuesday extended the date of making payment without additional amount under ‘Vivad se Viswas’ scheme by three months to March 31, 2021. The last date for the declaration to use the scheme has been notified as December 31, 2020. As announced in the budget this fiscal, the scheme aims to provide a mechanism for the resolution of pending Income Tax disputes. As on November 30, 2019, about 4.83 lakh appeals pending at various levels involving tax arrears to the tune of about ₹9.32-lakh crore. The Centre hopes the new scheme will bring down the number of pending cases and result in some portion of the locked revenue being realised. To provide more time to taxpayers to settle disputes, earlier the date for filing the declaration and making payment without additional amount under Vivad se Vishwas was extended from March 31 June 30 which was extended further to December 31 Therefore, earlier both the declaration and the payment without additional amount under the Vivad se Vishwas were required to be made by December 31.