diff --git a/python/pyproject.toml b/python/pyproject.toml
index fbf5497b983f7..b977797e07d28 100644
--- a/python/pyproject.toml
+++ b/python/pyproject.toml
@@ -69,5 +69,6 @@ where = ["."]
 pyarrow = ["*.pxd", "*.pyx", "includes/*.pxd"]
 
 [tool.setuptools_scm]
-root = ".."
-version_file = "pyarrow/_generated_version.py"
+root = '..'
+version_file = 'pyarrow/_generated_version.py'
+version_scheme = 'guess-next-dev'
diff --git a/python/setup.py b/python/setup.py
index 96f6a53c93a27..54c2af99968e0 100755
--- a/python/setup.py
+++ b/python/setup.py
@@ -490,7 +490,6 @@ def has_ext_modules(foo):
     },
     use_scm_version={
         'parse': parse_git,
-        'version_scheme': guess_next_dev_version
     },
     tests_require=['pytest', 'pandas', 'hypothesis'],
     test_suite='pyarrow.tests',