https://www.taxtmi.com/article/detailed?id=6746 The scheme permits a declarant to file a prescribed declaration with a designated authority and, after acknowledgement, pay tax due with interest and a penalty equal to 25% of the penalty in the impugned order within fifteen days, notify payment with proof within seven days, and receive an order of discharge within fifteen days. Upon discharge the declarant obtains immunity from further proceedings in respect of the declared dispute and the declaration becomes conclusive; amounts paid are non refundable and scheme orders are not decisions on merits. en-us Wed, 16 Mar 2016 13:35:36 +0530 Wed, 16 Mar 2016 13:35:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6746 The scheme permits a declarant to file a prescribed declaration with a designated authority and, after acknowledgement, pay tax due with interest and a penalty equal to 25% of the penalty in the impugned order within fifteen days, notify payment with proof within seven days, and receive an order of discharge within fifteen days. Upon discharge the declarant obtains immunity from further proceedings in respect of the declared dispute and the declaration becomes conclusive; amounts paid are non refundable and scheme orders are not decisions on merits. Articles Budget - Tax Proposals Wed, 16 Mar 2016 13:35:36 +0530 https://www.taxtmi.com/article/detailed?id=6746