Subject to the provisions of this Act, where a declarant files [under the provisions of this Act on or before the such date as may be notified], a declaration to the designated authority in accordance with the provisions of section 4 in respect of tax arrear, then, notwithstanding anything contained in the Income-tax Act or any other law for the time being in force, the amount payable by the declarant under this Act shall be as under, namely:—

SI. No.

Nature of tax arrear

Amount payable under this Act on or before the 3[31st day of December, 2020 or such later date as may be notified].

Amount payable under this Act on or after the 4[1st day of January, 2021 or such later date as may be notified] but on or before the last date

(a)

where the tax arrear is the aggregate

amount of disputed tax, interest chargeable or charged on such disputed tax and penalty leviable or levied on such disputed tax.

amount of the disputed tax.

the aggregate of the amount of disputed

tax and ten percent of disputed tax: provided that where the ten percent of disputed tax exceeds the aggregate amount of interest chargeable or charged on such disputed tax and penalty leviable or levied on such disputed tax, the excess shall be ignored for the

purpose of computation of amount payable

under this Act .

(b)

where the tax arrear includes the tax, interest or penalty determined in any assessment on the basis of search under section 132 or section 132A of the Income-tax Act.

the aggregate of the amount of disputed tax and twenty-five percent. of the disputed tax:

provided that where the twenty-five percent of disputed tax exceeds the aggregate amount of interest chargeable or charged on such disputed tax and penalty leviable or levied on such disputed tax, the excess shall be ignored

for the purpose of computation of amount payable under this Act.

the aggregate of the amount of disputed tax and thirty-five percent of disputed tax: provided that where the thirty- five percent of disputed tax exceeds the aggregate amount of interest chargeable or charged on such disputed tax and penalty leviable or levied on

such disputed tax, the excess shall be ignored for the purpose of computation of amount payable.

(c)

where the tax arrear relates to disputed interest or disputed penalty or disputed fee.

twenty-five per cent. of disputed interest or disputed penalty or disputed fee.

thirty percent of disputed interest or disputed penalty or disputed fee:

Provided that in a case where an appeal or writ petition or special leave petition is filed by the income-tax authority on any issue before the appellate forum, the amount payable shall be one-half of the amount in the Table above calculated on such issue, in such manner as may be prescribed:

Provided further that in a case where an appeal is filed before the Commissioner (Appeals) or objections is filed before the Dispute Resolution Panel by the appellant on any issue on which he has already got a decision in his favour from the Income Tax Appellate Tribunal (where the decision on such issue is not reversed by the High Court or the Supreme Court) or the High Court (where the decision on such issue is not reversed by the Supreme Court), the amount payable shall be one-half of the amount in the Table above calculated on such issue, in such manner as may be prescribed:

Provided also that in a case where an appeal is filed by the appellant on any issue before the Income Tax Appellate Tribunal on which he has already got a decision in his favour from the High Court (where the decision on such issue is not reversed by the Supreme Court), the amount payable shall be one-half of the amount in the Table above calculated on such issue, in such manner as may be prescribed.