https://www.taxtmi.com/caselaws?id=288955 An application under section 66(1) of the Indian Income-tax Act, 1922 was treated as timely where it was filed within sixty days, the prescribed fee was deposited in the treasury within that period, and the challan reached the Tribunal later. The requirement that the application be accompanied by the fee was construed pragmatically: valid payment within limitation, in the manner permitted by the rules, satisfied the statute even without simultaneous physical receipt of the challan by the Tribunal. The Tribunal's view that the applications were time-barred was set aside, and the reference applications were to be dealt with according to law. en-us Thu, 05 Apr 1956 00:00:00 +0530 Tue, 07 Jul 2020 18:25:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288955 An application under section 66(1) of the Indian Income-tax Act, 1922 was treated as timely where it was filed within sixty days, the prescribed fee was deposited in the treasury within that period, and the challan reached the Tribunal later. The requirement that the application be accompanied by the fee was construed pragmatically: valid payment within limitation, in the manner permitted by the rules, satisfied the statute even without simultaneous physical receipt of the challan by the Tribunal. The Tribunal's view that the applications were time-barred was set aside, and the reference applications were to be dealt with according to law. Case-Laws Income Tax Thu, 05 Apr 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288955