Conditional tax exclusion applies to declared foreign assets and income when scheme payment is made within the extended period. Income or the amount of investment in an asset declared in the prescribed manner is excluded from total income under the Income-tax Act, 1961 and the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, if the declarant pays the amount referred to in the relevant payment provision within the extended period allowed. The exclusion is conditional on compliance with the declaration and payment requirements of the scheme.