Disputed interest defined as interest not charged on disputed tax and subject to an appeal under the settlement scheme. The definition of disputed interest identifies interest determined under the Income-tax Act that (i) is not charged or chargeable on disputed tax and (ii) ... Summary
Disputed interest defined as interest not charged on disputed tax and subject to an appeal under the settlement scheme.
The definition of disputed interest identifies interest determined under the Income-tax Act that (i) is not charged or chargeable on disputed tax and (ii) is the subject of an appeal, thereby limiting scheme coverage to interest liabilities separable from the principal disputed tax and formally appealed.
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