TaxTMI Login
AI Drafter - (New and Powerful) ✕
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Just a moment...
AI Drafter - (New and Powerful) ✕ Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
Issues: Whether the petitioner, having belatedly paid the balance amount under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, was entitled to receive the benefit of the scheme and a discharge certificate on payment of interest.
Analysis: The petitioner had opted for the scheme and had already remitted part of the amount, but failed to pay the balance within the prescribed time. The Court noted that the principal amount payable under the scheme was ultimately paid pursuant to the Court's direction. Considering the special facts of the case, the reasons offered for the delay, and the object of the scheme, the Court found that justice would be served by permitting the petitioner to complete the settlement on payment of interest at 15% from 01.10.2020 till the dates of the respective payments, with prorated adjustments for amounts already paid.
Conclusion: The petitioner was held entitled to complete the scheme benefit on payment of interest, and the respondents were directed to issue the discharge certificate after such payment.
Final Conclusion: The writ petition was disposed of by granting conditional relief enabling settlement under the scheme upon payment of interest, thereby protecting the revenue while extending the benefit of closure to the petitioner.
Ratio Decidendi: Where the principal amount under a settlement scheme has been paid and the delay is attributable to special facts, the Court may permit completion of the scheme by directing payment of interest so that the revenue is safeguarded and final discharge can be issued.
TaxTMI 
