Foreign assets disclosure bars rectification, revision, set-off or relief in completed tax assessments. Any income or asset declared under the foreign assets disclosure scheme, and any amount paid in respect of such declaration, does not disturb the finality of completed assessments. A declarant is barred from seeking rectification or revision of any assessment under the Income-tax Act, 1961 or the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 on the basis of the declared income or asset. The provision also prevents the declarant from claiming any set-off or relief in any appeal, reference or other proceeding connected with such assessment.