Tag Archives: The Income Declaration Scheme 2016

IDS 2016- Condonation of delay in Payment of Tax

Instruction No. 2 of 2017 F.No.142/8/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) *** New Delhi, the 16th January, 2017 To, All Principal Chief Commissioners of Income-tax Sub.: The Income Declaration Scheme 2016 – reg. Representations have been received from field authorities and stakeholders that there has been… Read More »

IDS (Income Declaration Scheme) 2016 Challan for Payment :ITNS 286

Income Declaration Scheme, 2016 (IDS) As per Finance Act, 2016, The Income Declaration Scheme, 2016 provides an opportunity to persons who have not paid taxes in full for previous years to declare their undisclosed income for such previous years and pay taxes thereon. The said tax payment has to be made to the Government Account… Read More »