https://www.taxtmi.com/caselaws?id=333754 A declaration under the Kar Vivad Samadhan Scheme could not be rejected merely because prosecution for concealment had been instituted earlier, where the assessee had already been discharged by the competent criminal court before filing the declaration. The Board's circular issued under the Scheme clarified that such a declaration could be entertained, and that circular was binding on the Designated Authority. The rejection was therefore unsustainable. The impugned decision was set aside and the declaration restored for fresh consideration within the statutory time limit, with other Scheme requirements left open for examination. en-us Fri, 30 Sep 2016 00:00:00 +0530 Sat, 22 Oct 2016 21:11:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333754 A declaration under the Kar Vivad Samadhan Scheme could not be rejected merely because prosecution for concealment had been instituted earlier, where the assessee had already been discharged by the competent criminal court before filing the declaration. The Board's circular issued under the Scheme clarified that such a declaration could be entertained, and that circular was binding on the Designated Authority. The rejection was therefore unsustainable. The impugned decision was set aside and the declaration restored for fresh consideration within the statutory time limit, with other Scheme requirements left open for examination. Case-Laws Income Tax Fri, 30 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333754