https://www.taxtmi.com/circulars?id=5136 The Voluntary Disclosure of Income Scheme, 1997 permits a single verified declaration of undisclosed income, requires full payment of the specified flat-rate tax within three months to avoid voiding, and finalises the declaration only upon issuance of a certificate by the Commissioner. Jewellery acquired before 1-4-1987 must be valued as of that date by a valuer, other assets at acquisition cost, and declared amounts must be credited in books or other records; immunity from penalty and prosecution is provided subject to scheme limits and restrictions where searches or certain surveys have occurred. en-us Tue, 10 Jun 1997 00:00:00 +0530 Sat, 09 Aug 2008 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5136 The Voluntary Disclosure of Income Scheme, 1997 permits a single verified declaration of undisclosed income, requires full payment of the specified flat-rate tax within three months to avoid voiding, and finalises the declaration only upon issuance of a certificate by the Commissioner. Jewellery acquired before 1-4-1987 must be valued as of that date by a valuer, other assets at acquisition cost, and declared amounts must be credited in books or other records; immunity from penalty and prosecution is provided subject to scheme limits and restrictions where searches or certain surveys have occurred. Circulars Income Tax Tue, 10 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5136