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Time and manner of payment

Clause 201 - Bills - THE DIRECT TAX DISPUTE RESOLUTION SCHEME, 2016 - Bill - Clause 201 - 201. (1) The designated authority shall, within a period of sixty days from the date of receipt of the declaration, determine the amount payable by the declaran .....

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such determination. (2) The declarant shall pay the sum determined by the designated authority as per the certificate granted under clause (a) of sub-section (1) within thirty days of the date of receipt of the certificate and intimate the fact of s .....

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his Scheme, shall be conclusive as to the matters stated therein and no matter covered by such order shall be re-opened in any other proceeding under the Income-tax Act or the Wealth-tax Act or under any other law for the time being in force, or as t .....

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which deals with the Direct Tax Dispute Resolution Scheme, 2016. The Scheme is proposed to come inforce from 1st June, 2016 and be open for declaration made up to a date to be notified by the Central Government in the Official Gazette. The new Chapte .....

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