https://www.taxtmi.com/caselaws?id=10620 Under the Voluntary Disclosure of Income Scheme, 1997, a declaration is not invalid merely because there was a minor shortfall in interest payment when the declared tax was paid within time and the deficit was later cured. The scheme makes invalidity the consequence of failure to pay the tax within the stipulated period, but it does not expressly attach the same consequence to a small, bona fide deficit in interest. Where the declaration was timely and the shortfall was promptly rectified, relief under the scheme remained available. en-us Tue, 18 May 2004 00:00:00 +0530 Mon, 20 Jul 2009 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10620 Under the Voluntary Disclosure of Income Scheme, 1997, a declaration is not invalid merely because there was a minor shortfall in interest payment when the declared tax was paid within time and the deficit was later cured. The scheme makes invalidity the consequence of failure to pay the tax within the stipulated period, but it does not expressly attach the same consequence to a small, bona fide deficit in interest. Where the declaration was timely and the shortfall was promptly rectified, relief under the scheme remained available. Case-Laws Income Tax Tue, 18 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10620