https://www.taxtmi.com/caselaws?id=340480 The court held that the petitioner was not entitled to the benefits of the Income Declaration Scheme, 2016 as search proceedings under Section 132 of the Income Tax Act were conducted during the scheme, and the petitioner had not disclosed any income before the search. The court interpreted Clause (e) of Para 196 of the Scheme, which excluded benefits for undisclosed income chargeable to tax in cases where search proceedings had commenced. Consequently, the petitioner's inability to avail of the Scheme's benefits was based on the specific provisions outlined in the Scheme. en-us Thu, 09 Mar 2017 00:00:00 +0530 Tue, 21 Mar 2017 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340480 The court held that the petitioner was not entitled to the benefits of the Income Declaration Scheme, 2016 as search proceedings under Section 132 of the Income Tax Act were conducted during the scheme, and the petitioner had not disclosed any income before the search. The court interpreted Clause (e) of Para 196 of the Scheme, which excluded benefits for undisclosed income chargeable to tax in cases where search proceedings had commenced. Consequently, the petitioner's inability to avail of the Scheme's benefits was based on the specific provisions outlined in the Scheme. Case-Laws Income Tax Thu, 09 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340480