https://www.taxtmi.com/caselaws?id=468542 A bona fide explanation for a 451-day delay, including technical difficulties, limited online familiarity and lack of effective notice, justified condonation where there was no intentional default. The assessee's claim that the final instalment under the Income Declaration Scheme was tendered within time, but credited on the next working day because of bank holidays, required factual verification. The Tribunal applied the CBDT clarification on delayed banking credit and system matching, and remanded the matter to the Assessing Officer to verify whether full payment had been made within the prescribed time and to take consequential action for issuance of the final form. en-us Mon, 03 Feb 2025 00:00:00 +0530 Tue, 12 May 2026 19:15:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468542 A bona fide explanation for a 451-day delay, including technical difficulties, limited online familiarity and lack of effective notice, justified condonation where there was no intentional default. The assessee's claim that the final instalment under the Income Declaration Scheme was tendered within time, but credited on the next working day because of bank holidays, required factual verification. The Tribunal applied the CBDT clarification on delayed banking credit and system matching, and remanded the matter to the Assessing Officer to verify whether full payment had been made within the prescribed time and to take consequential action for issuance of the final form. Case-Laws Income Tax Mon, 03 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468542