https://www.taxtmi.com/caselaws?id=262645 Additional tax could not be included in the amount payable under the Kar Vivad Samadhan Scheme, 1998, because the levy was treated as bearing the characteristics of a penalty rather than an automatic tax liability. The court examined the meaning of tax arrears and the treatment of additional tax under the Income-tax Act, and applied the controlling principle that a Supreme Court ruling recognising the penal imprint of such levy prevails over earlier contrary decisions. On that basis, the Revenue could not add additional tax under the Scheme, and the assessee succeeded on the substantive issue. en-us Mon, 11 Aug 2014 00:00:00 +0530 Mon, 17 Aug 2015 06:49:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262645 Additional tax could not be included in the amount payable under the Kar Vivad Samadhan Scheme, 1998, because the levy was treated as bearing the characteristics of a penalty rather than an automatic tax liability. The court examined the meaning of tax arrears and the treatment of additional tax under the Income-tax Act, and applied the controlling principle that a Supreme Court ruling recognising the penal imprint of such levy prevails over earlier contrary decisions. On that basis, the Revenue could not add additional tax under the Scheme, and the assessee succeeded on the substantive issue. Case-Laws Income Tax Mon, 11 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262645