Arrears of annuity.

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..... ase of income-tax arrears was examined by the Board in consultation with the Department of Expenditure, C AG and Ministry of Law. It has now been agreed that the arrears of Annuity deposits which have become irrecoverable can be written off in the same manner as provided for writing off of arrears of income-tax. The procedure of write off/scaling down of income-tax arrears would therefore apply .....

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..... y deposit, it is clarified that the limits for the exercise of the powers will be determined with reference to the aggregate of the amount both of Annuity Deposit and Income-tax outstanding from a tax payer at the time of their write off or scaling down. 3. All cases of arrears of annuity deposits may please be reviewed and those found irrecoverable may be written off in accordance with the abov .....

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