https://www.taxtmi.com/caselaws?id=55489 Under the Amnesty Scheme, immunity from penalty depended on whether the relevant concealment or undisclosed material had already been detected by the Department or found in the search, not on the mere fact that a raid occurred. A return filed before the search did not by itself secure protection, although disclosure made before the raid was not automatically excluded merely because a search later took place. The circular also did not bar initiation of penalty proceedings, and any claim to immunity could be tested in those proceedings after initiation. The article therefore states that a search or raid alone does not prevent penalty action; the decisive question is whether the disclosure falls within the circular's protection. en-us Mon, 10 Aug 1992 00:00:00 +0530 Sat, 27 Nov 2010 12:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55489 Under the Amnesty Scheme, immunity from penalty depended on whether the relevant concealment or undisclosed material had already been detected by the Department or found in the search, not on the mere fact that a raid occurred. A return filed before the search did not by itself secure protection, although disclosure made before the raid was not automatically excluded merely because a search later took place. The circular also did not bar initiation of penalty proceedings, and any claim to immunity could be tested in those proceedings after initiation. The article therefore states that a search or raid alone does not prevent penalty action; the decisive question is whether the disclosure falls within the circular's protection. Case-Laws Income Tax Mon, 10 Aug 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55489