https://www.taxtmi.com/article/detailed?id=8952 The scheme permits settling pending tax disputes by payment of the disputed tax amount with waiver of interest and penalty if paid by the initial deadline; later payments attract an increased percentage on disputed tax and higher percentages on disputed penalty, interest and fees. Declarants must file a prescribed declaration; the Designated Authority determines the payable amount, issues a certificate, and payment within the stipulated period produces a conclusive order and deemed withdrawal of specified appeals. Certain assessments, prosecutions, offshore undisclosed income and other specified categories are excluded. en-us Tue, 11 Feb 2020 08:42:21 +0530 Tue, 11 Feb 2020 08:42:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8952 The scheme permits settling pending tax disputes by payment of the disputed tax amount with waiver of interest and penalty if paid by the initial deadline; later payments attract an increased percentage on disputed tax and higher percentages on disputed penalty, interest and fees. Declarants must file a prescribed declaration; the Designated Authority determines the payable amount, issues a certificate, and payment within the stipulated period produces a conclusive order and deemed withdrawal of specified appeals. Certain assessments, prosecutions, offshore undisclosed income and other specified categories are excluded. Articles Income Tax Tue, 11 Feb 2020 08:42:21 +0530 https://www.taxtmi.com/article/detailed?id=8952