<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Income Declaration Scheme 2016: No reopening of completed tax assessments or claiming set-offs for undisclosed income.</title>
    <link>https://www.taxtmi.com/highlights?id=27797</link>
    <description>Undisclosed income declared not to affect finality of completed assessments - THE INCOME DECLARATION SCHEME, 2016 - A declarant under this Scheme shall not be entitled, in respect of undisclosed income declared or any amount of tax and surcharge paid thereon, to re-open any assessment or reassessment made under the Income-tax Act or the Wealth-tax Act, 1957(27 of 1957), or claim any set off or relief in any appeal, reference or other proceeding in relation to any such assessment or reassessment.</description>
    <language>en-us</language>
    <pubDate>Fri, 04 Mar 2016 18:40:10 +0530</pubDate>
    <lastBuildDate>Fri, 04 Mar 2016 18:40:10 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=419032" rel="self" type="application/rss+xml"/>
    <item>
      <title>Income Declaration Scheme 2016: No reopening of completed tax assessments or claiming set-offs for undisclosed income.</title>
      <link>https://www.taxtmi.com/highlights?id=27797</link>
      <description>Undisclosed income declared not to affect finality of completed assessments - THE INCOME DECLARATION SCHEME, 2016 - A declarant under this Scheme shall not be entitled, in respect of undisclosed income declared or any amount of tax and surcharge paid thereon, to re-open any assessment or reassessment made under the Income-tax Act or the Wealth-tax Act, 1957(27 of 1957), or claim any set off or relief in any appeal, reference or other proceeding in relation to any such assessment or reassessment.</description>
      <category>Highlights</category>
      <law>Bill</law>
      <pubDate>Fri, 04 Mar 2016 18:40:10 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=27797</guid>
    </item>
  </channel>
</rss>