Amendment of section 245C

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..... ting to him, make an application in such form and in such manner as may be prescribed, and containing a full and true disclosure of his income which has not been disclosed before the Income-tax Officer, the manner in which such income has been derived, the additional amount of income-tax payable on such income and such other particulars as may be prescribed, to the Settlement Commission to have th .....

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..... no assessment has been made in respect of the total income of that year, tax shall be calculated on the income disclosed in the application as if such income were the total income; (ii) if the applicant has furnished a return in respect of the total income of that year and no assessment has been made in pursuance of such return, tax shall be calculated on the aggregate of the total income return .....

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..... in) of sub-section (1B), by the aggregate of the sums and tax referred to in clause (b) as increased by the tax. if any, paid in pursuance of the assessment made in respect of the total income of that year. and the resultant amount so arrived at shall be the additional amount of income-tax payable in respect of the income disclosed in the application relating to that year. (1D) Where the incom .....

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