Delay in depositing tax under IDS, 2016 for personal reasons cannot be condoned

Sadhana R. Jain Vs CBDT & Anr (Bombay High Court) Reading of the  CBDT Circular dt. 28-3-2017, it would clearly emerge that while providing for a limited window, in cases where payments were made through banking channels but the deposit was made by the bank in the Government revenue few days after 30-11-2016 to condone the delay in such circumstances, no relaxation was granted in other cases, particularly involving individual reasons. The board in Circular cited reasons such as personal or emergency reasons, lack of liquidity, rush at banks or any other reasons, which can be attributable ...