https://www.taxtmi.com/caselaws?id=14880 A short, satisfactorily explained delay in payment under the Kar Vivad Samadhan Scheme, 1998 should not defeat a declaration where the due date fell on a bank holiday and payment was made on the next working day. The Madhya Pradesh High Court applied the principle that a beneficial tax settlement scheme should not be enforced with undue rigidity when the delay is minimal and beyond the declarant's control. The rejection of the declaration was therefore unjustified, the delay ought to have been condoned, and the authority was directed to accept the declaration in favour of the assessee. en-us Fri, 10 Dec 1999 00:00:00 +0530 Thu, 23 Jul 2009 17:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14880 A short, satisfactorily explained delay in payment under the Kar Vivad Samadhan Scheme, 1998 should not defeat a declaration where the due date fell on a bank holiday and payment was made on the next working day. The Madhya Pradesh High Court applied the principle that a beneficial tax settlement scheme should not be enforced with undue rigidity when the delay is minimal and beyond the declarant's control. The rejection of the declaration was therefore unjustified, the delay ought to have been condoned, and the authority was directed to accept the declaration in favour of the assessee. Case-Laws Income Tax Fri, 10 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14880