Tag: ids scheme 2016
IDS Scheme 2016 – Payment of tax/interest/penalty on undisclosed income may be made till 31.01.2020 MINISTRY OF FINANCE(Department of Revenue) Notification No. 103/2019 New Delhi, the 13th December, 2019 S.O. 4455(E).—In exercise of the powers conferred by the proviso to sub-section (1) of section 187 of the Finance …
IDS 2016 declaration can be declared void without show cause upon misrepresentation/suppression of facts. There is no provision to afford declarant a hearing prior to passing such order. ABCAUS Case Law Citation:ABCAUS 3125 (2019) (08) HC Important case law relied upon by the parties:Hemalatha Gargya v. Commissioner of …
Issues on payment of 3rd installment under IDS-2016. Bank Holidays towards due-date and delayed credit by Bank. CBDT Circular Circular No. 15/2019 Government of IndiaMinistry of Finance Department of RevenueCentral Board of Direct Taxes (ITA. II) North Block, New Delhi, the 12th day of July, 2019 Subject: Issues …
Clarification on certain procedural and technical issues regarding IDS 2016. Excess payment of liability, non uploading IDS Form 3. CBDT Order u/s 119 F. No.225/282/2017/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA.II) North Block, New Delhi, the 12th day of …
Correction in challan attributes in IDS 2016 payments-Guidelines. Changes in PAN, AY, Minor/Major Heads of e-payment/physical challans. DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi- 110055 F.No.SW/07/01/06/OLTAS INSTRUCTION/DIT(S)II/ Dated: 13-02-2017 To The Principal Chief Commissioners of Income-tax/ Chief Commissioners of Income-tax The Principal …
Non-acceptance of IDS-2016 challan ITNS-286 by banks stating that Scheme has closed on 30.09.2016. CBDT lodges grievance of declarants with RBI. F. No.142/8/2016- TPL (Part) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) *** New Delhi, dated 10th November, 2016 …
IDS-2016 Part-2 with 50 percent tax, lock in period for declared income with 0% interest. According to media, Govt may amend tax laws soon. On 28-11-2016 Finance Minister has introduced PMGKY 2016 Yojana to this effect Click Here to read more >> Some section of media has reported that …
IDS-2016 declarations-CIT to take lenient view us 273A for years pending assessment for waiver of concealment peanlty as assessee co-operated in enquiry Circular F. No. 282/227/2016-IT(Inv-.V)/26/2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (Investigation Division) New Delhi, dated 21st September, 2016 …
IDS-2016 waiver of penalty prosecution and application to pending litigation due to retrospective amendments. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 15th September, 2016 PRESS RELEASE Sub:- The Direct Tax Dispute Resolution Scheme, 2016 Litigation is a scourge for …
No Extension of Income Disclosure Scheme IDS 2016 after closure of deadline of 30-09-2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 2nd September, 2016. Subject : The Income Declaration Scheme 2016- reg The Income Declaration Scheme, 2016 …
