Tag Archives: INCOME DECLARATION SCHEME 2016

Book on Income Declaration Scheme 2016 [Taxmann Aug 2016]

By | September 11, 2016

Your Queries on Income Declaration Scheme 2016 (IDS) (English) BUY Specifications of Your Queries on Income Declaration Scheme 2016 (IDS) (English) (Paperback, N, A) BOOK DETAILS Publisher Taxmann Publications (P.) Ltd. ISBN-10 9386189089 Edition 2016 Publication Year 2016 Language English ISBN-13 9789386189080 Binding Paperback

5th FAQ on Income Declaration Scheme 2016

By | August 29, 2016

INCOME DECLARATION SCHEME, 2016 – CLARIFICATIONS ISSUED TO FURTHER QUERIES RECEIVED FROM PUBLIC RELATING TO SAID SCHEME CIRCULAR NO.29 OF 2016 [F.NO.142/8/2016-TPL], DATED 18-8-2016 The Income Declaration Scheme, 2016 (hereinafter referred to as ‘the Scheme’) came into effect on 1st June, 2016. To address doubts and concerns raised by the stakeholders, the Board has issued three… Read More »

CBDT notify revised form for Declaration under Income Declaration Scheme

By | August 14, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th August, 2016 S.O. 2705(E).— In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 199 of the Finance Act, 2016 (28 of 2016), the Central Board… Read More »

Presentation on Income Declaration Scheme 2016

By | July 18, 2016

Income Declaration Scheme 2016 Observation of Hon’ble Finance Minister as per Finance Bill 2016 (cl 159 & 160) “We are moving towards a lower tax regime with non-litigious approach. Thus, while compliant taxpayers can expect a supportive interface with the department, tax evasion will be countered strongly. Capability of the tax department to detect tax… Read More »

4th FAQ on Income Declaration Scheme 2016 by CBDT

By | July 14, 2016

Circular No. 27 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) *** Dated 14th day of July, 2016 Clarifications on the Income Declaration Scheme, 2016 The Income Declaration Scheme, 2016 (hereinafter referred to as ‘the Scheme’) came into effect on 1st June, 2016. To… Read More »

Income Declaration Scheme – Govt revises Time Schedule for Payments

By | July 14, 2016

Income Declaration Scheme 2016 – Government Revises Time Schedule for Making Payments under the Scheme During the course of meetings and seminars held in different parts of the country, various stakeholders have expressed concern that the time period available under the Scheme up to 30th November, 2016 for making payment of tax, surcharge and penalty… Read More »

100% entry of IDS Form 1 received in paper format by PCIT/CIT

By | July 11, 2016

DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi – 110055 F.No. 1/20/CIT(OSD)/efiling/Electronic Verification/2013-14 Dated: 11/07/2016 To The Principal Chief Commissioners of Income-tax/ CCsIT (By Name) The Principal Commissioner of Income-tax/CsIT/CsIT(CO) (By Name) Sir/Madam Subject: Ensuring 100% data entry of IDS Form 1 received in paper format by PCIT/CIT- reg.… Read More »

Govt notified Secrecy to be maintained under Income Declaration Scheme 2016

By | July 11, 2016

MINISTRY OF FINANCE (Department of Revenue) ORDER New Delhi, the 6th July, 2016 S. O. 2322(E).— In exercise of the powers conferred by sub-section (2) of section 138 of the Income-tax Act, 1961 (43 of 1961), the Central Government having regard to all the relevant factors, hereby directs that no public servant shall produce before… Read More »