Amount payable by declarant

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....ovisions of section 4 in respect of tax arrear, then, notwithstanding anything contained in the Income-tax Act or any other law for the time being in force, the amount payable by the declarant under this Act shall be as under, namely:- Sl. No. Nature of tax arrear. Amount payable under this Act on or before the ^2[31st day of December, 2020 or such later date as may be notified]. Amoun....

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....ermined in any assessment on the basis of search under section 132 or section 132A of the Income-tax Act. the aggregate of the amount of disputed tax and twenty-five per cent. of the disputed tax: provided that where the twenty-five per cent. of disputed tax exceeds the aggregate amount of interest chargeable or charged on such disputed tax and penalty leviable or levied on such disputed tax, t....

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....ition is filed by the income-tax authority on any issue before the appellate forum, the amount payable shall be one-half of the amount in the Table above calculated on such issue, in such manner as may be prescribed: Provided further that in a case where an appeal is filed before the Commissioner (Appeals) or objections is filed before the Dispute Resolution Panel by the appellant on any issue ....

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.... prescribed.     ******************** NOTES:- 1. Substituted vide Section 5 of The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 dated 29-09-2020 before it was read as "under the provisions of this Act on or before the last date" 2. Substituted vide Section 5 of The Taxation and Other Laws (Relaxat....