Where an undisclosed income in the form of investment in asset is declared under the Scheme and tax, surcharge and penalty is paid on the fair market value of the asset as on 01.06.2016, then will the declarant be liable for capital gains on sale of such Assets?

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....declarant be liable for capital gains on sale of such Assets?<br>FAQs on the Income Declaration Scheme, 2016 - Income Tax - Frequently Asked Questions (FAQs)<br>Income Tax<br>Ans. Yes, the declarant w....