https://www.taxtmi.com/circulars?id=10397 Scaling down of tax arrears is an administrative right to reduce finalised arrear demands where normal recovery is difficult and compromise yields better realisation; it applies only to cases with final assessments, requires prompt payment, adequate security as needed, and an affidavit of assets, and settlements are void if undisclosed assets later surface. Commissioners retain authority to scale down arrears within a departmental threshold; larger cases must be vetted by zonal committees and submitted to higher Board authorities for approval. en-us Thu, 04 Sep 1975 00:00:00 +0530 Fri, 17 Jun 2011 18:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10397 Scaling down of tax arrears is an administrative right to reduce finalised arrear demands where normal recovery is difficult and compromise yields better realisation; it applies only to cases with final assessments, requires prompt payment, adequate security as needed, and an affidavit of assets, and settlements are void if undisclosed assets later surface. Commissioners retain authority to scale down arrears within a departmental threshold; larger cases must be vetted by zonal committees and submitted to higher Board authorities for approval. Circulars Income Tax Thu, 04 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10397