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2004 (5) TMI 27 - KERALA HIGH COURTRelief under the “Voluntary disclosure of income scheme” - petitioner had filed the declaration/return under the VDI Scheme on December 31, 1997 which is well within the time provided under the Scheme and the petitioner had also remitted the tax due as per the declaration on March 30, 1998, together with interest which is also well within the time provided under the Scheme. The only question is with regard to the deficit of Rs. 360, representing deficit of interest, which was explained by the petitioner in exhibit P2, which seems to be bona fide. In the circumstances, I quash exhibit P3 and direct the respondent to accept the declaration as fully satisfied and to give the relief to the petitioner as per the VDI Scheme.
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