https://www.taxtmi.com/caselaws?id=16059 Where the Kar Vivad Samadhan Scheme, 1998 prescribed its own method for determining the amount payable and was silent on re-adjustment of earlier payments, the adjustment rule in section 140A of the Income-tax Act continued to operate. Amounts paid under section 140A are first appropriated towards interest and only thereafter towards tax, and the Scheme did not permit that prior payment to be shifted to tax liability. The High Court therefore held that the section 140A payment could not be treated as payment towards tax under the Scheme, and the issue was decided against the assessee. en-us Tue, 25 May 1999 00:00:00 +0530 Mon, 31 Aug 2009 17:21:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16059 Where the Kar Vivad Samadhan Scheme, 1998 prescribed its own method for determining the amount payable and was silent on re-adjustment of earlier payments, the adjustment rule in section 140A of the Income-tax Act continued to operate. Amounts paid under section 140A are first appropriated towards interest and only thereafter towards tax, and the Scheme did not permit that prior payment to be shifted to tax liability. The High Court therefore held that the section 140A payment could not be treated as payment towards tax under the Scheme, and the issue was decided against the assessee. Case-Laws Income Tax Tue, 25 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16059