Settlement of tax payment.

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..... ax arrear, then notwithstanding anything contained in the Chapter, the amount payable under this Scheme by the declarant shall be determined at the rates specified hereunder, namely:— ( a ) where the tax arrear has arisen due to determination, assessment or, as the case may be, order of an adjudicating authority,— ( i ) such tax arrear includes the amount of service tax not exceeding twenty .....

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..... nty-five per cent. of the maximum penalty leviable and interest payable: Provided that if the amount of penalty leviable exceeds the service tax amount to which it relates, service tax amount shall be considered to be the amount of penalty. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagemen .....

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