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Income Declaration Scheme News

Declare Undisclosed Income Without PAN: CBDT
The Central Board of Direct Taxes (CBDT) has notified that the Income Declaration Scheme can be filed manually by quoting the date and acknowledgment number of PAN application form. The Income Declaration Scheme, 2016 has come into effect from 1st June, ...

IDS Counters To Open Till Midnight Of Sep 30, 2016
The Central Board of Direct Taxes (CBDT) has issued instructions to all Principal Chief Commissioners of Income Tax across India to ensure that arrangements are made for receiving such declarations till midnight of 30-09-2016. This move came in order ...
How To Upload Income Declaration Form At Income Tax Website?
Income Declaration Scheme is an opportunity for individuals and tax payers who have not paid full taxes in the past to declare the undisclosed income. Individuals under this scheme should pay tax, surcharge and penalty totalling in all to forty-five per ...
What Is Income Declaration Scheme (IDS) 2016?
The Income Declaration Scheme (IDS) is a new scheme from the Income Tax Department, where an individual who has not paid full taxes in the past can come forward and declare the undisclosed income and pay tax, surcharge and penalty totalling ...
Income Declaration Scheme Time Frame Extended To Make Payments
Income Declaration Scheme 2016 is a window where taxpayers should provide and declare income correctly of the previous years. After various stakeholders expressed concern that the time period available under the Scheme up to 30th November, 2016 for making ...
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