Statement of facts filing required: applicants must submit a signed, verified factual statement with annexed accounts and proposed settlement terms. On notice, applicants must furnish in quintuplicate a full and true statement of facts and the terms of settlement sought, describing how any disclosed or proposed income was derived. If income determination is involved, the statement must include annexures: computation of total income under the Act, trading/manufacturing accounts, profit and loss or income and expenditure account and balance-sheet, and relevant personal accounts for proprietors, partners or members. The statement, annexures and terms must be signed separately, and the statement must be verified by a written declaration stating correctness, capacity to verify, place, date and signature.
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Statement of facts filing required: applicants must submit a signed, verified factual statement with annexed accounts and proposed settlement terms.
On notice, applicants must furnish in quintuplicate a full and true statement of facts and the terms of settlement sought, describing how any disclosed or proposed income was derived. If income determination is involved, the statement must include annexures: computation of total income under the Act, trading/manufacturing accounts, profit and loss or income and expenditure account and balance-sheet, and relevant personal accounts for proprietors, partners or members. The statement, annexures and terms must be signed separately, and the statement must be verified by a written declaration stating correctness, capacity to verify, place, date and signature.
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