Particulars to be furnished
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....espect of the disputed income, disputed wealth and tax arrear pending before the Commissioner of Income-tax (Appeals) or the Commissioner of Wealth-tax (Appeals), as the case may be, shall be deemed to have been withdrawn. (3) Where the declaration is in respect of specified tax and the declarant has,- (a) filed any appeal before the Commissioner of Income-tax (Appeals) or the Commissioner of W....
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....roof thereof along with the declaration referred to in sub-section (1). (4) Where the declaration is in respect of specified tax, the declarant shall, without prejudice to the provisions of sub-section (3), furnish an undertaking, in such form and verified in such manner as may be prescribed, waiving his right, whether direct or indirect, to seek or pursue any remedy or any claim in relation to t....
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.... appellate authority or arbitrator, conciliator or mediator shall proceed to decide any issue relating to the specified tax mentioned in the declaration and in respect of which an order had been made under sub-section (1) of section 201 by the designated authority or the payment of the sum determined under that section. - Clauses 197 to 208 of the Bill seeks to insert a new Chapter X in the Fin....




TaxTMI
TaxTMI