https://www.taxtmi.com/circulars?id=68383 Section 245C requires a full and true disclosure of undisclosed income and its manner of derivation as a precondition for the Settlement Commission; observed practices of piecemeal disclosures, post admission additional offers, year selective disclosures, capitalization without evidence, and improper set offs undermine that requirement and have led to grants of immunity under section 245H without recorded satisfaction of the cumulative conditions. Officers must make robust Rule 9 reports, ensure Commission satisfaction on disclosure and derivation before immunity is granted, and take prompt remedial or legal action where orders contravene statutory requirements. en-us Mon, 04 Mar 2013 00:00:00 +0530 Wed, 02 Apr 2025 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68383 Section 245C requires a full and true disclosure of undisclosed income and its manner of derivation as a precondition for the Settlement Commission; observed practices of piecemeal disclosures, post admission additional offers, year selective disclosures, capitalization without evidence, and improper set offs undermine that requirement and have led to grants of immunity under section 245H without recorded satisfaction of the cumulative conditions. Officers must make robust Rule 9 reports, ensure Commission satisfaction on disclosure and derivation before immunity is granted, and take prompt remedial or legal action where orders contravene statutory requirements. Circulars Income Tax Mon, 04 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68383