Supreme Court of India

Hemalatha Gargya v. Commissioner of Income Tax

Neutral citation
Reported as [2002] SUPP. 4 S.C.R. 382
Bench Ruma Pal and B.N. Srikrishna JJ.
Decided 28 November 2002

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

4 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the view that the submissions of the Revenue must be accepted.

Judgment, page 6

From the headnote

Voluntary Disclosure of Income Scheme, 1997: Ss. 66 and 67 (I )-Period prescribed to deposit tax in respect of voluntary disclosure income-Power of Revenue authorities to extend the period-Held, Revenue authorities have no power to extend the time-s. 66 postulates payment of tax prior to making of the declaration-s.67(1) provides an exception to this general rule and allows a declarant to file declaration without paying tax, subject to two conditions viz.: (i) the payment bf tax within three months from the date of filing of the declaration together with; (ii) the payment of simple interest

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