Condonation of delay denied for declarant-caused late IDS payments; bank-transfer failures may be reviewed on verification and payment completion. The Board declined blanket condonation of delay in payment of the IDS 2016 first instalment for declarant-attributable reasons, emphasising the fixed payment schedule, prior publicity and absence of interest provisions; however, Pr.CIT/CITs are authorised to consider case-by-case condonation where bank transfer failures returned or delayed funds beyond the declarant's control, upon verification with bank evidence and provided the instalment obligations are completed by the final date specified.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Condonation of delay denied for declarant-caused late IDS payments; bank-transfer failures may be reviewed on verification and payment completion.
The Board declined blanket condonation of delay in payment of the IDS 2016 first instalment for declarant-attributable reasons, emphasising the fixed payment schedule, prior publicity and absence of interest provisions; however, Pr.CIT/CITs are authorised to consider case-by-case condonation where bank transfer failures returned or delayed funds beyond the declarant's control, upon verification with bank evidence and provided the instalment obligations are completed by the final date specified.
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