Rulemaking authority for voluntary disclosure governs forms, verification and parliamentary oversight and modification procedures. Power to make rules for the Voluntary Disclosure of Income Scheme is vested in the Board, to be notified in the Official Gazette. Such rules may prescribe the form of declarations and the manner of their verification and otherwise provide for carrying out the Scheme. Every rule must be laid before each House of Parliament for scrutiny and may be modified or annulled by both Houses within the subsequent session(s), without prejudicing the validity of prior actions taken under the rule.
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.
Rulemaking authority for voluntary disclosure governs forms, verification and parliamentary oversight and modification procedures.
Power to make rules for the Voluntary Disclosure of Income Scheme is vested in the Board, to be notified in the Official Gazette. Such rules may prescribe the form of declarations and the manner of their verification and otherwise provide for carrying out the Scheme. Every rule must be laid before each House of Parliament for scrutiny and may be modified or annulled by both Houses within the subsequent session(s), without prejudicing the validity of prior actions taken under the rule.
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