https://www.taxtmi.com/caselaws?id=15022 The appeal was disposed of with the direction that the Commissioner of Customs should first pay the tax liability from the amount of Rs. 1,36,42,000, and refund the balance to the appellant. The appellant is not entitled to the benefits of the Disclosure Scheme, 1997, for the amount in question due to the prior issuance of the warrant of authorisation under section 132A. The assessment of tax liability and any subsequent penalty proceedings must follow the provisions of the Income-tax Act, 1961. en-us Fri, 07 Jul 2000 00:00:00 +0530 Mon, 27 Jul 2009 16:38:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15022 The appeal was disposed of with the direction that the Commissioner of Customs should first pay the tax liability from the amount of Rs. 1,36,42,000, and refund the balance to the appellant. The appellant is not entitled to the benefits of the Disclosure Scheme, 1997, for the amount in question due to the prior issuance of the warrant of authorisation under section 132A. The assessment of tax liability and any subsequent penalty proceedings must follow the provisions of the Income-tax Act, 1961. Case-Laws Income Tax Fri, 07 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15022