Scope of benefit u/s 273A(1).

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... made simultaneously on the same date and not when the disclosure for different years is made on different dates, was considered by the board in consultation with the Ministry of law. 2. The law Ministry's advice is reproduced below for your information: We do not agree with the department that the disclosures made by an assessee for different assessment years on different point of time can ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... covered all the assessment years. The aforesaid view can be justified by the various conditions which are necessary for granting the waiver etc. under the section. One of the most important point is that the assessee must have disclosed voluntarily and in good faith. Thus disclosure is in singular and the section says only about the disclosure and not the disclosures. Similarly if an assessee ....