2023 (6) TMI 502 - MADRAS HIGH COURT

Sabkha Vishwas (Legacy Dispute Resolution) Scheme, 2019 - extension of time limit for making balance payment under SVLDRS 2019 and accepting the payment already made in respect of tax dues quantified - violation of provisions of Section 127(5) of the Finance Act, 2019 - HELD THAT:- When the matter had come up on 24.04.2023, this Court had directed the petitioner to pay the balance amount of Rs. 14,78,471/-. In compliance of the same, they have remitted the said amount by Challan dated 25.05.2023. By this payment, the principal amount payable under the scheme has been paid by the petitioner. The very nomenclature of the scheme would imply that the scheme has been introduced for the development of all. The petitioner has set out the reasons as to why he was unable to adhere to the schedule under the scheme. Therefore, taking into account the facts of this case and considering the fact that the amount due under the scheme has been paid, the interest of justice would be sub-served directing the petitioner to pay the interest at the rate of 15% from 01.10.2020 till the dates of respective payments.

It is needless to state that the amounts paid prorata would be deducted for calculating the interest. The payment of the interest would also ensure that the revenue is not prejudiced. On such payment, the discharge certificate should be issued. The said exercise shall be completed within a period of 3 weeks from the date of receipt of a copy of this order. This order has been passed only taking into account the special facts of this case.

The Writ Petition is disposed of.