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<h1>Petitioner Ordered to Pay Income Tax Arrears in Installments</h1> <h3>KT. Mathew Versus Income-Tax Officer And Others</h3> KT. Mathew Versus Income-Tax Officer And Others - [1992] 194 ITR 686 The petitioner applied to the Settlement Commission for relief from income tax arrears totaling Rs. 4,69,505. The Tax Recovery Officer issued demand notices during the settlement proceedings. The court ruled that settlement application does not stay collection, but directed petitioner to pay 50% of arrears within six weeks and the rest within three months. Further recovery steps are stayed.