https://www.taxtmi.com/caselaws?id=418811 Substantial compliance under the Pradhan Mantri Garib Kalyan Deposit Scheme was accepted where the assessee had paid the tax, surcharge and penalty components and made bona fide efforts to deposit the balance within time. The failure to complete the remaining deposit was caused by the first bank being unauthorised to receive it and the second bank being closed, showing attempted compliance rather than wilful default. In these peculiar facts, the Court held that the scheme could not be applied in an unduly burdensome manner and the assessee remained entitled to its benefit. en-us Fri, 12 Nov 2021 00:00:00 +0530 Fri, 05 Aug 2022 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418811 Substantial compliance under the Pradhan Mantri Garib Kalyan Deposit Scheme was accepted where the assessee had paid the tax, surcharge and penalty components and made bona fide efforts to deposit the balance within time. The failure to complete the remaining deposit was caused by the first bank being unauthorised to receive it and the second bank being closed, showing attempted compliance rather than wilful default. In these peculiar facts, the Court held that the scheme could not be applied in an unduly burdensome manner and the assessee remained entitled to its benefit. Case-Laws Income Tax Fri, 12 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418811