Eligibility Of Appeals Filed Within Due Date Post VSV 2024

Clarification with regard to eligibility of appeals filed within due date as per Income Tax Act, 1961 but after date specified under VSV Scheme, 2024

Under the Scheme, introduced through Finance (No. 2) Act, 2024 ('the Act'), difficulties with regard to following situation were brought to the notice of the tax department:

1. An order against the assessee was passed on or before the specified date i.e., July 22, 2024;
2. Time for filing appeal against such order has not lapsed as on the specified date;
3. An appeal against such order is preferred after the specified date but with the time limit prescribed under provisions of the Income Tax Act, 1961 ('the IT Act, 1961'); and
4. No condonation request has been filed along with such appeal by the assessee.