For write off of demands, so also for scaling down, there need not be any provision in the Income-tax Act. Every creditor, including the Government, has the inherent right to give up a part or whole of the debt due to him.

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For write off of demands, so also for scaling down, there need not be any provision in the Income-tax Act. Every creditor, including the Government, has the inherent right to give up a part or whole of the debt due to him.

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....eference is invited to Board's letter of even number dated the 21st February, 1975, addressed to the Commissioner of Income-tax, Bombay City and copy forwarded to all the Commissioners of Income-tax and to say that the question of scaling down of tax arrears was examined by the Board in detail after certain doubts were raised in this regard consequent upon the conferment of enhanced powers on the ....

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....x authority on the date of the application. On the other hand, the scaling down pertains to the arrear demand in cases where assessment or re-assessment proceedings have become final but the assessees are not in a position to pay the full demand. As was laid down in Shri K.S. Sundara Rajan's D.O. letter No. 16c/9/56-IT dated 31-1-1957, a settlement for scaling down is to be entered into only in a ....

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For write off of demands, so also for scaling down, there need not be any provision in the Income-tax Act. Every creditor, including the Government, has the inherent right to give up a part or whole of the debt due to him.