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The particulars of any person making declaration under the amnesty scheme as per Voluntary Declaration of Domestic Assets Ordinance, 2018 and Foreign Assets (Declaration and Repatriation) Ordinance, 2018 would be confidential. According to the Voluntary Declaration of Domestic Assets Ordinance, 2018 and Foreign Assets (Declaration and Repatriation) Ordinance, 2018 promulgated Sunday, notwithstanding the provisions of sub-section (3) of section 216 of the Income Tax Ordinance, 2001, the Right of Access to Information Act, 2017 and any other law for the time being in force, particulars of any person making a declaration under this Ordinance or any information received in any declaration made under this Ordinance shall be confidential.
A person who discloses any particular shall commit an offence punishable on conviction with a fine of not less than Rs 500,000 but not exceeding Rs 1 million or imprisonment for a term not exceeding one year or with both. Notwithstanding anything contained in any other law for the time being in force, nothing contained in any declaration made under section 5 shall be admissible in evidence against the declarant for the purpose of any proceeding relating to imposition of penalty or for the prosecution purposes under any law including Income Tax Ordinance, 2001.

Copyright Business Recorder, 2018

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