https://www.taxtmi.com/circulars?id=8949 Income-tax officers must maintain a confidential register and separate declarant-wise confidential folders in their personal custody recording intimations of credit for amounts declared under section 3(1); when income is excluded from computation because of a declaration, a confidential note under the assessment order must indicate particulars and refer to the confidential folder. A certificate under section 8(2) is factual and issued only after full tax payment and requisite investment in notified Government securities; ITOs must verify admissibility and exclude validly declared amounts. Investment after thirty days or delayed tax payment does not invalidate a declaration, and declarants retain immunities for time-barred years if prescribed conditions are met. en-us Tue, 10 Feb 1976 00:00:00 +0530 Wed, 01 Jun 2011 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8949 Income-tax officers must maintain a confidential register and separate declarant-wise confidential folders in their personal custody recording intimations of credit for amounts declared under section 3(1); when income is excluded from computation because of a declaration, a confidential note under the assessment order must indicate particulars and refer to the confidential folder. A certificate under section 8(2) is factual and issued only after full tax payment and requisite investment in notified Government securities; ITOs must verify admissibility and exclude validly declared amounts. Investment after thirty days or delayed tax payment does not invalidate a declaration, and declarants retain immunities for time-barred years if prescribed conditions are met. Circulars Income Tax Tue, 10 Feb 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8949