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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Government Extends Amnesty Scheme Under Income-tax and Wealth-tax Acts to March 31, 1987, Due to Positive Response.</h1> The government has decided to extend the amnesty scheme under the Income-tax and Wealth-tax Acts until March 31, 1987, due to positive taxpayer response. This extension follows previous circulars issued on November 15, 1985, and subsequent dates, which outlined the scheme's conditions. These conditions will continue to apply for the assessment year 1986-87 for returns of income and wealth. The scheme aims to encourage taxpayers to disclose their income and wealth voluntarily, providing them with certain benefits and reliefs under the specified tax laws.