Undisclosed income exclusion when declared and tax, surcharge and penalty are paid by the scheme deadline. Undisclosed income declared under the scheme shall not be included in the declarant's total income for any assessment year if the declarant pays the tax and surcharge attributable to the declaration and the prescribed penalty by the date specified under the scheme's deadline.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Undisclosed income exclusion when declared and tax, surcharge and penalty are paid by the scheme deadline.
Undisclosed income declared under the scheme shall not be included in the declarant's total income for any assessment year if the declarant pays the tax and surcharge attributable to the declaration and the prescribed penalty by the date specified under the scheme's deadline.
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