2019 (4) TMI 2108 - SCH - Income Tax

Delay in payment to Income Declaration Scheme - Condonation of delay in making payment of first installment by the defaulters who have not paid any amount will now or further extending the date beyond the due date for regularising/ facilitating the payment of liabilities under IDS - power of the board u/s 119(2) - HELD THAT - Issue notice. Petitioner, to deposit the amount of Rs.32,11,875/- with the Registry of this Court during the course of the day, which amount shall be kept in an interest bearing short term fixed deposit of a Nationalised Bank

Summary

The Supreme Court of India in 2019 (4) TMI 2108 - SC ordered the petitioner, represented by Mr. Makarand D. Adkar and others, to deposit Rs.32,11,875/- with the Court Registry in an interest-bearing fixed deposit of a Nationalised Bank.