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The High Court held that the appellant is entitled to the benefit of the Amnesty Scheme, 2020 for settlement of tax arrears for the assessment year 2015-16 and for the assessment years 1998-99 to 2004-05. The court emphasized that the appellant should receive the benefit of the method of computation of the Amnesty amount as per the Scheme. The court considered the pendency of a Review Petition and interim orders staying recovery proceedings as relevant factors. The payments made by the appellant during the litigation were deemed provisional and subject to the final outcome. The appeals were disposed of by setting aside previous judgments, quashing orders and demand notices, and declaring the liability of the appellant as settled under the Amnesty Scheme, 2020 through a payment of Rs. 3,19,32,523. The petition was disposed of accordingly.
The High Court held that the appellant is entitled to the benefit of the Amnesty Scheme, 2020 for settlement of tax arrears for the assessment year 2015-16 and for the assessment years 1998-99 to 2004-05. The court emphasized that the appellant should receive the benefit of the method of computation of the Amnesty amount as per the Scheme. The court considered the pendency of a Review Petition and interim orders staying recovery proceedings as relevant factors. The payments made by the appellant during the litigation were deemed provisional and subject to the final outcome. The appeals were disposed of by setting aside previous judgments, quashing orders and demand notices, and declaring the liability of the appellant as settled under the Amnesty Scheme, 2020 through a payment of Rs. 3,19,32,523. The petition was disposed of accordingly.
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