Amendment status not verified — confirm the current text below against the official source.
(I) The amount payable by an applicant for .settlement uf dispute under this Act shall he, (a) where the dispute relates to any arrear lax. at the rate of fifty percentum of the arrear tax in dispute. or (b) where the dispute relates to any arrear interest. at the rate of twenty five percentum of the arrear interest in dispute. (2) The arrear penalty in dispute. if any , shall he waived.