SC to decide on extension of time-limit for installment payment under IDS, 2016

Feb 12,2019

SC issues notice to Revenue upon SLP filed by assessee against HC's denial to grant extension of time for payment of third installment under the Income Tax Declaration Scheme, 2016 [IDS,2016]; The assessee had filed declaration of undisclosed income under the IDS, 2016 but was unable to pay the third instalment of tax, surcharge and penalty within the stipulated time and had sought extension of time before HC by way of a writ petition, which was rejected;HC had ru...

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