Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: list of goods taxed at 4% :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: empanelment :: form 3cd :: cpt :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: TDS
 
 
« News Headlines »
 Can the filling of GSTR-3B be avoided by filing GSTR-1, 2 & 3?
 CII seeks extension of time for filing GST returns
 A tax saver scheme with higher returns
 GST registration mandatory for TDS entities
 Govt rules out extension for filing GSTR-3B returns after December
 Tax department’s e-filing portal out of action for 2 hours
 Use ITR-2 to show salary and capital gains income
  TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
  How to file ITR for FY 2016-17 and all the links you need
 All about E-way Bill under GST
 Good and simple tax: on the GST regime

Enquiry or investigation in respect of document/evidence relating to Income Declaration Scheme (IDS), 2016 found during the course of Search u/s 132 or Survey action u/s 133A of the Income-tax Act,1961
September, 02nd 2016
                                         Circular No. 32 of 2016

                F.No.299/124/2016/IT-Inv.III
                     Government of India
                      Ministry of Finance
                   Department of Revenue
                 Central Board of Direct Taxes
                   (Investigation Division)

                                   Ground Floor, E-2, ARA Centre,
                            Jhandewalan Extn. New Delhi-110 055.
                                               Date: 01/09/2016.

Sub:     Enquiry  or    investigation   in  respect   of
document/evidence relating to Income Declaration Scheme
(IDS), 2016 found during the course of Search u/s 132 or
Survey action u/s 133A of the Income-tax Act,1961-
regarding;

     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 five sets of FAQs vide Circular Nos. 17, 24, 25,27 & 29 of
2016. To allay apprehensions relating to the income/asset declared
under the Scheme vis-à-vis search and survey action by the
Income-tax Department, the following clarification is issued.




2.   It is clarified that wherever in the course of search under
section 132 or survey operation under section 133A of Income-tax
Act, 1961, any document is found as a proof for having already filed
a declaration under the Scheme, including acknowledgement issued
by the Income-tax Department for having filed a declaration, no
enquiry would be made by the Income-tax Department in respect of
                              -2-

sources of undisclosed income or investment in movable or
immovable property declared in a valid declaration made in
accordance with the provisions of the Scheme.




                                                          Sd/-
                                         (Amit Mohan Mittal)
                  Under Secretary to the Government of India
                                            Tel: 011-23519409
                                           amit.mittal83@nic.in

Copy to:-
1.  PS to FM/ OSD to FM/ OSD to MoS(R).
2.  PS to Secretary (Revenue).
3.  The Chairperson, Members and all other officers in CBDT of
    the rank of Under Secretary and above.
4.  All Pr. Chief Commissioners/Chief Commissioners/Director
    Generals of Income-tax(Inv)/ ­ with a request to circulate
    amongst all officers in their regions/ charges.
5.  Pr. DGIT (Systems)/ Pr. DGIT (Vigilance)/ Pr. DGIT (Admn.)/
    Pr. DG (NADT)/ Pr. DGIT (L&R)/DGIT(I&CI).
6.  CIT (M&TP), CBDT.
7.  Web manager for posting on the departmental website.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Outsourcing Test Solutions Software Testing Software Bug Testing Software Issues Tracking Software Issue Fix Software Code Optimization Database Design Optimization

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions