https://www.taxtmi.com/circulars?id=4580 The Ordinance creates a limited voluntary disclosure scheme enabling a person to make a single prescribed, verified declaration of undisclosed income or net wealth to the Commissioner, pay tax (with limited instalments and security options), and invest a prescribed portion in notified Government securities within a short time. On payment and investment and after making required book entries the declarant receives conditional immunities from assessment, penal proceedings and prosecution in respect of the declared items, while confidentiality and normal recovery powers for defaults are preserved. en-us Wed, 15 Oct 1975 00:00:00 +0530 Wed, 30 Jul 2008 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4580 The Ordinance creates a limited voluntary disclosure scheme enabling a person to make a single prescribed, verified declaration of undisclosed income or net wealth to the Commissioner, pay tax (with limited instalments and security options), and invest a prescribed portion in notified Government securities within a short time. On payment and investment and after making required book entries the declarant receives conditional immunities from assessment, penal proceedings and prosecution in respect of the declared items, while confidentiality and normal recovery powers for defaults are preserved. Circulars Income Tax Wed, 15 Oct 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4580