https://www.taxtmi.com/circulars?id=55630 The circular explains that the Scheme permits declaration of undisclosed income only when represented as cash or deposits with specified entities (including banks and post offices), excluding assets and foreign bank deposits; declarations are available despite assessment notices or search/survey actions, no credit for advance tax, TDS or TCS is allowed, seized cash may be adjusted towards tax, surcharge and penalty (but not for the mandatory deposit), deposits by any transfer mode and certain returned advances are eligible. en-us Wed, 18 Jan 2017 00:00:00 +0530 Wed, 18 Jan 2017 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55630 The circular explains that the Scheme permits declaration of undisclosed income only when represented as cash or deposits with specified entities (including banks and post offices), excluding assets and foreign bank deposits; declarations are available despite assessment notices or search/survey actions, no credit for advance tax, TDS or TCS is allowed, seized cash may be adjusted towards tax, surcharge and penalty (but not for the mandatory deposit), deposits by any transfer mode and certain returned advances are eligible. Circulars Income Tax Wed, 18 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55630