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TMI BlogThe Direct Tax Dispute Resolution Scheme Rules, 2016X X X X Extracts X X X X X X X X Extracts X X X X ..... e the same meanings respectively as assigned to them in that Scheme. 3. Form of declaration and undertaking under section 203 .- (1) The declaration under sub-section (1) of section 203 shall be made in duplicate in Form-1 to the designated authority and verified in the manner specified therein. (2) The undertaking referred to in sub-section (4) of section 203 shall be furnished in Form-2 alongwith the declaration and verified in the manner specified therein. (3) The declaration under sub-rule (1) and the undertaking under sub-rule (2), as the case may be, shall be signed by the declarant or any person competent to verify the return of income on his behalf in accordance with section 140 of the Income-tax Act, 1961. (4) The designated authority on receipt of declaration shall issue a receipt in acknowledgement thereof. 4. Form of certificate under sub-section (1) of section 204. - The designated authority shall issue a certificate referred to in sub-section (1) of section 204 in Form-3. 5. Intimation of payment.- The detail of payments alongwith proof thereof, made pursuant to the certificate issued by the designated authority shall be furnished by the declarant to the designated au ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . . . . . . . . . . . . . . . . . . (b) Amount payable as per the assessment order: (i) Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) Total . . . . . . . . . . . . . . . . . . . . . . . . . . . (c) Disputed income . . . . . . . . . . . . . . . . . . . . . . . . . . . (d) Disputed tax and interest : (i) Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) Interest up to the date of assessment . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) Total . . . . . . . . . . . . . . . . . . . . . . . . . . . (e) Demand outstanding out of (d)(iii) above as on the date of making declaration under section 202 . . . . . . . . . . . . . . . . . . . . . . . . . . . (f) Amount payable under section 202(I)(a) : . . . . . . . . . . . . . . . . . . . . . . . . . . . (i) Amount as per (e) above . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) 25% of minimum penalty leviable if (d)(i) is of Rs.10 lakh or more . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) Total (i) + (ii) . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. In case the appeal relates to penalty order : ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . (iii) Date of filing/date on which notice given . . . . . . . . . . . . . . . . . . . . . . . . . . . 9. (i) Whether appeal/writ/arbitration/conciliation/mediation proceedings or notice thereof has been withdrawn Yes/ No (ii) If Yes, date of withdrawal (attach proof of the same) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Name and signature of the declarant VERIFICATION I .........................................................(name in block letters) son/daughter of Shri ................................................... solemnly declare that to the best of my knowledge and belief, - (a) the information given in this declaration, statements and annexures accompanying it is correct and complete and amount of tax arrear/specified tax and other particulars shown therein are truly stated and related to the previous year relevant to the assessment year indicated in this declaration; (b) I am not disqualified in any manner from making a declaration under the Scheme with reference to the provisions of section 208 of the Finance Act, 2016. I further declare that I am making this declaration in my capacity as .................... ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . . . . . . designation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . on behalf of . . . . . . . . . . . . . . . . . . . . . . . . (name of declarant) being duly authorised and competent in this regard, the . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (name of declarant) having decided to avail the benefit of the Direct Tax Dispute Resolution Scheme, 2016 do hereby voluntarily waive all its rights in respect of specified tax, whether direct or indirect, to seek or pursue any remedy or any claim in relation to the specified tax which may otherwise be available to me under any law for the time being in force, in equity, by statute or under any agreement entered into by India with any other country or territory outside India whether for protection of investment or otherwise. The above undertaking is irrevocable. I also confirm that I am aware of all the consequences of this undertaking. Place : . . . . . . . . . . . . . . . . . . . . . . . . . . . Signature Date : . . . . . . . . . . . . . . . . . . . . . . . . . . . Designation . . . . . . . . . . . . . . . . . . Address . . . . . . . . . . . . . . . . . . PAN Note : *Strike off whichever is not applicab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... code of bank Date of deposit (DD/MM/YYYY) Serial number of challan Amount (Rs) (1) (2) (3) (4) (5) Attach proof of payment as detailed above Place : . . . . . . . . . . . . . . . . . . . . . . . . . . . Signature Date : . . . . . . . . . . . . . . . . . . . . . . . . . . . Designation . . . . . . . . . . . . . . . . . . Address Form 5 [See rule 6] Order for full and final settlement of tax arrear under section 204(2) read with section 205 of the Finance Act, 2016 in respect of the Direct Tax Dispute Resolution Scheme, 2016 The Direct Tax Dispute Resolution Scheme Rules, 2016 Whereas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Name and address of the declarant) (hereinafter referred to as declarant) had made a declaration under section 202 of the Finance Act, 2016 ; And whereas the designated authority by order dated . . . . . . . . . . . . . . determined the amount of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . rupees payable by the declarant in accordance with the provisions of the Scheme and granted a certificate setting forth therein the particulars of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd whereas the declarant has paid . . . . . . . . . . . . . . . . . . . rupees being the sum determined by the designated authority ; And whereas the declarant had filed a writ petition/appeal before High Court . . . . . . . . . . . . . . . . . . . . . (mention the name of the High Court) or the Supreme Court or initiated proceedings for arbitration/conciliation/ mediation/given notice under any agreement entered into by India with any other country or territory outside India whether for protection of investment or otherwise against any order in respect of the specified tax ; And whereas the declarant has withdrawn the said writ petition/appeal/proceeding/notice before . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (mention the name of the High Court) High Court or the Supreme Court or the authority and furnished proof of such withdrawal ; And whereas the declarant has furnished an undertaking in Form 2 dated . . . . . . . . . . . . . . . . ; Now, therefore, in exercise of the powers conferred by sub-section (2) of section 204 read with section 205 of the Finance Act, 2016, it is hereby certified that (a) a sum of Rs. . . . . . . . . . . . . . . . . has ..... X X X X Extracts X X X X X X X X Extracts X X X X
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