Undisclosed income declaration under scheme bars reopening assessments and claiming relief in prior tax proceedings. A declarant who pays tax and surcharge on undisclosed income under the scheme is barred from reopening any assessment or reassessment and from claiming ... Summary
Undisclosed income declaration under scheme bars reopening assessments and claiming relief in prior tax proceedings.
A declarant who pays tax and surcharge on undisclosed income under the scheme is barred from reopening any assessment or reassessment and from claiming set-off or relief in any appeal, reference, or other proceeding relating to those completed assessments.
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