https://www.taxtmi.com/caselaws?id=336441 A special settlement scheme for tax arrears under the Finance Act, 1998 governs the computation of the amount payable by defining "tax arrear" and excluding amounts already paid voluntarily or under protest, including deposits made pending appeal or proceedings. Prior payments made before the declaration are therefore not to be treated as unpaid arrears for reducing the scheme liability. The scheme-specific computation prevails over ordinary adjustment rules under the Income-tax Act, so advance tax or other earlier payments cannot be re-appropriated contrary to the scheme's definition. en-us Wed, 14 Dec 2016 00:00:00 +0530 Fri, 03 Feb 2017 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336441 A special settlement scheme for tax arrears under the Finance Act, 1998 governs the computation of the amount payable by defining "tax arrear" and excluding amounts already paid voluntarily or under protest, including deposits made pending appeal or proceedings. Prior payments made before the declaration are therefore not to be treated as unpaid arrears for reducing the scheme liability. The scheme-specific computation prevails over ordinary adjustment rules under the Income-tax Act, so advance tax or other earlier payments cannot be re-appropriated contrary to the scheme's definition. Case-Laws Income Tax Wed, 14 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336441