https://www.taxtmi.com/caselaws?id=355867 The court dismissed the writ petitions concerning non-payment of the third installment under the Income Declaration Scheme, 2016. The petitioners' request for an extension of time was rejected by the Central Board of Direct Taxes, as the reasons provided were deemed insufficient. The court held that the excuses presented did not warrant interference with the payment schedule, emphasizing the mandatory nature of compliance. The possibility of seeking adjustment or refund of amounts paid was left open for separate consideration. en-us Mon, 05 Feb 2018 00:00:00 +0530 Fri, 08 Feb 2019 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355867 The court dismissed the writ petitions concerning non-payment of the third installment under the Income Declaration Scheme, 2016. The petitioners' request for an extension of time was rejected by the Central Board of Direct Taxes, as the reasons provided were deemed insufficient. The court held that the excuses presented did not warrant interference with the payment schedule, emphasizing the mandatory nature of compliance. The possibility of seeking adjustment or refund of amounts paid was left open for separate consideration. Case-Laws Income Tax Mon, 05 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355867