The Maharashtra Settlement of Arrears in Disputes Act, 2016

The Maharashtra Settlement of Arrears in Disputes Act, 2016

TITLE: CHANGE_TITLE: NO This Act provides a mechanism for taxpayers to seek a partial waiver of arrears in disputes related to tax assessments by paying a specified portion of the outstanding amount. It applies only to disputes arising from assessment periods ending before or between April 1, 2005, to March 31, 2012. The taxpayer must make payments covering tax, interest, and sometimes penalties according to tables tied to the time period of the original assessment. Existing partial payments already made during the appeal process can be deducted from the liability. This legislation helps resolve tax arrears while ensuring the state recovers considerable amounts owed to it.

PDF: pending for this language.