TMI BlogOrder under section 119 of the Income-tax Act, 1961X X X X Extracts X X X X X X X X Extracts X X X X ..... f the Income-tax Act, 1961 Circular No.17 of 2016 dated 20.05.2016 relating to the Income Declaration Scheme, 2016 (the Scheme) clarifies that a person shall be eligible to make declaration under the Scheme for assessment years other than the assessment year(s) for which a notice under section 142(1) / 143(2)/ 148 of the Income-tax Act, 1961 (the Act) has been served on or before 31.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... section 279(1A) of the Act which provides that a person shall not be proceeded against for an offence under section 276C or section 277 in relation to the assessment for an assessment year in respect of which the penalty imposed or imposable under section 271(1)(iii) or 270A has been reduced or waived by an order under section 273A. Section 273A inter-alia provides that the Pri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... within the meaning of section 273A of the Act . Therefore, the Principal Commissioners or Commissioners are advised to take a lenient view on receipt of a valid application under section 273A of the Act in respect of an issue for the said assessment year which is identical to the issue on which a valid declaration has been made under the Scheme for other assessment year(s) subject to paymen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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