https://www.taxtmi.com/acts?id=53241 A declaration of undisclosed foreign income or assets under the Scheme must be taken into account by the Assessing Officer when finalising pending assessments under the Income tax Act, 1961 or the Black Money Act, 2015. The Chapter sets out eligibility, filing, tax/penalty determination, verification (including electronic verification), payment procedures and certificates, rules on invalid declarations, non inclusion of declared amounts in total income, bar on refunds or post scheme adjustments, grant of immunity subject to conditions, exclusions and rulemaking and administrative powers. en-us Sun, 01 Feb 2026 15:45:01 +0530 Sun, 01 Feb 2026 15:45:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53241 A declaration of undisclosed foreign income or assets under the Scheme must be taken into account by the Assessing Officer when finalising pending assessments under the Income tax Act, 1961 or the Black Money Act, 2015. The Chapter sets out eligibility, filing, tax/penalty determination, verification (including electronic verification), payment procedures and certificates, rules on invalid declarations, non inclusion of declared amounts in total income, bar on refunds or post scheme adjustments, grant of immunity subject to conditions, exclusions and rulemaking and administrative powers. Act-Rules Bills Sun, 01 Feb 2026 15:45:01 +0530 https://www.taxtmi.com/acts?id=53241