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of <h1>CBDT Won't Extend 2016 Income Disclosure Scheme Deadline; Condonation Possible for Bank Errors Only by March 31, 2017.</h1> The Central Board of Direct Taxes has received petitions for condonation of delay in paying the first installment under the Income Disclosure Scheme, 2016. The Board has decided not to extend the deadline or condone delays for reasons such as personal emergencies, liquidity issues, or confusion about due dates, as these are deemed to be within the control of the declarants. However, in cases where payment was attempted on time but failed due to bank errors, the Principal Commissioners/Commissioners may consider condonation if the full amount is paid by March 31, 2017.
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