Income Tax

Income Declaration Scheme ICDS 2016. Amendment in Form 1 for original or revised declaration. CBDT Notification No. 60/2016

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF DIRECT TAXES

New Delhi, the 20th July, 2016

NOTIFICATION

S.O.2477(E)- In exercise of the powers conferred by sub-section (1) and subsection (2) of section 199 of the Finance Act, 2016 (28 of 2016), the Central Board of Direct Taxes, makes the following rules further to amend the Income Declaration Scheme Rules, 2016 (hereinafter referred to as the principal rules) namely:-

1. (1) These rules may be called the
 (2) These rules shall come into force from the date of their publication in the Official Gazette.

2. In the principal rules, in Form-1, for serial numbers 1 and 2 and entries relating thereto the following serial numbers and entries shall be substituted, namely:-

“1. Name and address of the declarant
(a) Name ……………………………
(b) Address: Office ……………………………………………………………….………
……………………………………………………………………………..
E-mail…………………………….Telephone No………………………
Residence………………………………………………………………… …………………………………………………………………………….
Mobile No. …………………….Telephone No………………………..

2. Filing status
(a) Whether the declaration is original (tick) or revised (tick)
(b) If revised-
     (i) Enter receipt No. and Date of filing
         original Form-1 (DD/MM/YYYY)
     (ii) Reasons for revised declaration
          (not exceeding 100 words)

(Notification No.60/2016, F.No.142/8/2016-TPL)
(Dr. T.S. Mapwal)
Under Secretary to the Government of India

Share

Recent Posts

  • ICAI

Audit Fee to be received only by digital modes/banking channels -ICAI revises Ethics

Acceptance of Audit Fee only through digital modes or banking channels from 01.04.2026 – ICAI revises Code of Ethics  In…

7 hours ago
  • Service Tax

Demand set aside as assessee for period covered had discharged tax liability under SVLDRS

High Court sets aside demand notices in respect of a period, for which the assessee had discharged tax liability under…

15 hours ago
  • Income Tax

No addition u/s 68 when there is no fresh receipt of unsecured loans during the year

Addition u/s 68 can not be made applicable where there is no fresh receipt of unsecured loans at all during…

17 hours ago
  • Income Tax

Taxes on sales comprising in turnover to be excluded for estimating net profit

Amount of taxes on sales comprising in turnover to be excluded while computing gross receipts for estimating net profit -…

2 days ago
  • Income Tax

Capital contribution deposited in assessee’s bank not partnership firm – Addition 69A upheld

Addition u/s 69A confirmed as alleged capital contribution by partners was deposited in bank account of assessee not in account…

2 days ago
  • GST

Bail granted to a CA accused in a GST evasion of more than 40 crores

Allahabad High Court grants bail to Chartered Accountant accused in a GST evasion to the tune of more than 40…

2 days ago