https://www.taxtmi.com/news?id=16981 A temporary disclosure scheme allows depositors after demonetisation to declare undisclosed income and obtain immunity from Wealth Tax, civil tax claims and other taxation laws if they make full disclosure and pay the prescribed tax and penalties; the scheme will be enacted as a new finance chapter and cover deposits from the demonetisation date until a notified cut off, but it does not provide immunity from foreign exchange, anti money laundering, narcotics or black money criminal laws. en-us Mon, 28 Nov 2016 18:40:35 +0530 Mon, 28 Nov 2016 18:40:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16981 A temporary disclosure scheme allows depositors after demonetisation to declare undisclosed income and obtain immunity from Wealth Tax, civil tax claims and other taxation laws if they make full disclosure and pay the prescribed tax and penalties; the scheme will be enacted as a new finance chapter and cover deposits from the demonetisation date until a notified cut off, but it does not provide immunity from foreign exchange, anti money laundering, narcotics or black money criminal laws. News - Mon, 28 Nov 2016 18:40:35 +0530 https://www.taxtmi.com/news?id=16981