Certificates Revoked Under VDIS Section 68(2) for Misrepresentation; Prior Income Disclosure Violates Scheme Rules.

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....Revocation of certificates issued u/s 68(2) of VDIS - misrepresentation of Facts - since there is prohibition under VDIS, that when the amount so declared is already disclosed in the return of income filed before the Scheme came into operation, specially when notice u/s 148 was also issued on 22.06.1997, which is prior to the notification of VDIS - revocation is valid....