2023 (7) TMI 697 - SCH - Income Tax

Claim for credit in respect of advance tax paid by a declarant under the Scheme, 2016 - character of the advance tax - Income Declaration Scheme, 2016 - Is advance tax entitled to the same dispensation as is given to the TDS? - HC held 2022 (2) TMI 344 - BOMBAY HIGH COURT advance tax paid by the petitioner was not relatable to the income for the relevant assessment years, which petitioner disclosed. If the said payment is not apportionable towards any other liability, there is no justifiable reason to deprive the declarant from getting the credit for the same against the liability under the Scheme, 2016 - HELD THAT - This Court is not inclined to interfere with the impugned order and judgment of the High Court. The special leave petition is dismissed on the ground of delay.