https://www.taxtmi.com/circulars?id=4853 When an assessee makes a suo motu declaration of higher income in response to the Board's amnesty circulars within the prescribed or extended amnesty period, the Department will take a liberal and sympathetic view in considering the applicability of section 10 of the Compulsory Deposit Scheme (Income-tax Payers) Act, 1974 to penalty liability, and instructions to that effect have been issued to departmental officers. en-us Thu, 22 May 1986 00:00:00 +0530 Mon, 04 Aug 2008 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4853 When an assessee makes a suo motu declaration of higher income in response to the Board's amnesty circulars within the prescribed or extended amnesty period, the Department will take a liberal and sympathetic view in considering the applicability of section 10 of the Compulsory Deposit Scheme (Income-tax Payers) Act, 1974 to penalty liability, and instructions to that effect have been issued to departmental officers. Circulars Income Tax Thu, 22 May 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4853