https://www.taxtmi.com/caselaws?id=20881 Restrictions on reopening assessments, set-off, relief and refund under sections 9 and 10 of the Voluntary Disclosure of Income and Wealth Act, 1976 do not apply to a valid declaration made under section 14. Section 14 operates in the distinct setting of search and seizure, and the disclosed income is brought into assessment under the Income-tax Act with credit for tax paid. However, the statutory conditions for section 14 must be strictly satisfied, including the necessary factual findings on the search, seizure and the character of the declaration; absent those findings, the section 14 treatment cannot be applied. en-us Tue, 08 Dec 1992 00:00:00 +0530 Tue, 17 Nov 2009 17:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20881 Restrictions on reopening assessments, set-off, relief and refund under sections 9 and 10 of the Voluntary Disclosure of Income and Wealth Act, 1976 do not apply to a valid declaration made under section 14. Section 14 operates in the distinct setting of search and seizure, and the disclosed income is brought into assessment under the Income-tax Act with credit for tax paid. However, the statutory conditions for section 14 must be strictly satisfied, including the necessary factual findings on the search, seizure and the character of the declaration; absent those findings, the section 14 treatment cannot be applied. Case-Laws Income Tax Tue, 08 Dec 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20881