https://www.taxtmi.com/circulars?id=4850 Amnesty extended to September 30, 1986 for disclosures relating to assessment year 1986-87 or earlier; disclosure of true income and wealth in returns and prompt payment of taxes due under section 140A of the Income-tax Act and/or section 15B of the Wealth-tax Act grants immunity from penalty and prosecution, but immunity does not cover penal consequences of late filing where the return is not filed by the due date under section 139(1) of the Income-tax Act or section 14(1) of the Wealth-tax Act. en-us Fri, 04 Apr 1986 00:00:00 +0530 Mon, 04 Aug 2008 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4850 Amnesty extended to September 30, 1986 for disclosures relating to assessment year 1986-87 or earlier; disclosure of true income and wealth in returns and prompt payment of taxes due under section 140A of the Income-tax Act and/or section 15B of the Wealth-tax Act grants immunity from penalty and prosecution, but immunity does not cover penal consequences of late filing where the return is not filed by the due date under section 139(1) of the Income-tax Act or section 14(1) of the Wealth-tax Act. Circulars Income Tax Fri, 04 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4850