https://www.taxtmi.com/caselaws?id=801252 Pre-scheme self-assessment tax paid for the relevant assessment year must be credited against tax, surcharge and penalty under the Income Disclosure Scheme where it is demonstrably linked to the disclosed income, remains unadjusted against another liability, and is consistently reported in prescribed declaration and proof-of-payment forms. The Scheme contains no express bar on credit for such prepaid tax. Its recognition of credit for tax deducted at source supports comparable adjustment of directly relatable pre-scheme payments. Such payment is treated as Scheme payment, completing the required liability and entitling declarants to Form No. 4. en-us Tue, 14 Jul 2026 00:00:00 +0530 Sat, 17 Oct 2026 05:20:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801252 Pre-scheme self-assessment tax paid for the relevant assessment year must be credited against tax, surcharge and penalty under the Income Disclosure Scheme where it is demonstrably linked to the disclosed income, remains unadjusted against another liability, and is consistently reported in prescribed declaration and proof-of-payment forms. The Scheme contains no express bar on credit for such prepaid tax. Its recognition of credit for tax deducted at source supports comparable adjustment of directly relatable pre-scheme payments. Such payment is treated as Scheme payment, completing the required liability and entitling declarants to Form No. 4. Case-Laws Income Tax Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801252