Tax on undisclosed income void if procured by misrepresentation, with prescribed tax, surcharge and penalty consequences.

Declarations under the Income Declaration Scheme, 2016 are void and deemed never made if procured by misrepresentation or suppression of facts; the Scheme provides a time limited voluntary disclosure process with specified tax, surcharge and penalty consequences, non refundability of declared amounts, procedural filing requirements, wealth tax exemption for specified assets, and rulemaking and difficulty removal powers for administration.

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