On a writ petition the Court held that\u00a0 the assessee was entitled to settle the dispute under the 2016 Scheme. Regarding the tax liability of the assessee for the assessment year 2012-2013 in the declaration filed by the assessee under the 2016 Scheme, there was no impediment in allowing the assessee to adjust the amount paid as “advance tax” and “self-assessment tax” towards tax liability of the assessee under the 2016 Scheme.(AY. 2017-18 )<\/p>\n","protected":false},"excerpt":{"rendered":"
Income Declaration Scheme 2016 ((2016) 384 ITR (St.) 87)\/ (2016) 384 ITR (St.) 1)
\nS. 183: Declaration under Scheme-Assessee fulfilling Amounts paid as advance tax and on condition prescribed by Scheme Tax payable by assessee self-assessment to be deducted-Directed to give credit of advance tax and self assessment tax. [Art. 226 <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-57570","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-eYy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=57570"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57570\/revisions"}],"predecessor-version":[{"id":57571,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/57570\/revisions\/57571"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=57570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=57570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=57570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}