Payment Schedule for Income Declaration Scheme requires staged instalments; non-payment voids the declaration, with tax surcharge and penalty components. Form 2 records the designated authority's determination of the amount payable for declared undisclosed income, itemising components (tax, surcharge, penalty) and reasons for differences, and directs staged payment by prescribed instalments with defined deadlines; non-payment as directed causes the declaration to be void and deemed never made.
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Provisions expressly mentioned in the judgment/order text.
Payment Schedule for Income Declaration Scheme requires staged instalments; non-payment voids the declaration, with tax surcharge and penalty components.
Form 2 records the designated authority's determination of the amount payable for declared undisclosed income, itemising components (tax, surcharge, penalty) and reasons for differences, and directs staged payment by prescribed instalments with defined deadlines; non-payment as directed causes the declaration to be void and deemed never made.
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