Tag Archives: Declarations rejected under IDS 2016

Rs 2.13 Lakh Crore Declarations made under the IDS 2016 rejected

By | December 4, 2016

Verification of High Value Suspicious Declarations made under the IDS 2016 An Income Declaration Scheme (IDS) was announced in the Union Budget 2016-17 under which declaration of undisclosed income or assetcould be made by agreeing to pay forty five percent (45%) of the declared amount as tax, surcharge and penalty. The scheme closed on 30th… Read More »