https://www.taxtmi.com/circulars?id=9680 Declarations of higher income made suo moto in response to amnesty circulars before 31 March 1986 for AY 1985-86 or earlier are to be treated as due to reasonable cause and penalty under section 10 of the CDS (ITP) Act 1974 need not be initiated; the Board extended equivalent non-initiation treatment to income disclosed up to 30 September 1986 for disclosures relating to AY 1986-87 or earlier. en-us Thu, 22 May 1986 00:00:00 +0530 Wed, 08 Jun 2011 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9680 Declarations of higher income made suo moto in response to amnesty circulars before 31 March 1986 for AY 1985-86 or earlier are to be treated as due to reasonable cause and penalty under section 10 of the CDS (ITP) Act 1974 need not be initiated; the Board extended equivalent non-initiation treatment to income disclosed up to 30 September 1986 for disclosures relating to AY 1986-87 or earlier. Circulars Income Tax Thu, 22 May 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9680