https://www.taxtmi.com/acts?id=38624 The section prescribes the amount payable by a declarant who files a declaration for tax arrears, providing tiered formulas according to the nature of the arrear and timing of payment: disputed tax alone for an earlier payment and disputed tax plus ten percent for later payment (capped by actual interest and penalty); higher percentage additions for assessments from search; set percentage payments for disputed interest, penalty, or fee; and provisions halving the payable amount in specified appeal-related circumstances, calculated as prescribed. en-us Wed, 18 Mar 2020 16:29:31 +0530 Mon, 27 Oct 2025 10:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38624 The section prescribes the amount payable by a declarant who files a declaration for tax arrears, providing tiered formulas according to the nature of the arrear and timing of payment: disputed tax alone for an earlier payment and disputed tax plus ten percent for later payment (capped by actual interest and penalty); higher percentage additions for assessments from search; set percentage payments for disputed interest, penalty, or fee; and provisions halving the payable amount in specified appeal-related circumstances, calculated as prescribed. Act-Rules Direct Taxes Wed, 18 Mar 2020 16:29:31 +0530 https://www.taxtmi.com/acts?id=38624