Declaration verification under the foreign assets disclosure scheme requires electronic confirmation of eligibility and compliance before filing. Declaration under the Scheme must be made in the prescribed form and verified electronically before the prescribed income-tax authority. Verification must confirm eligible assessee status and compliance with the Scheme. The declaration becomes invalid if any material particular is false at any stage or if any Scheme condition is violated.
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Provisions expressly mentioned in the judgment/order text.
Declaration verification under the foreign assets disclosure scheme requires electronic confirmation of eligibility and compliance before filing.
Declaration under the Scheme must be made in the prescribed form and verified electronically before the prescribed income-tax authority. Verification must confirm eligible assessee status and compliance with the Scheme. The declaration becomes invalid if any material particular is false at any stage or if any Scheme condition is violated.
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