Income Declaration Scheme, 2016 (IDS) - declaration was rejected ...

Case Laws Income Tax

October 21, 2019

Income Declaration Scheme, 2016 (IDS) - declaration was rejected on the ground that he had failed to pay the tax, surcharge and penalty before due date - Admittedly, there was no regular assessment for the said year, whereby the said advance tax could have been adjusted. Therefore, there is no logic or rationale in denying the petitioner credit of this amount while computing the amount payable by him under the IDS.

View Source

← Previous Next →

Income Declaration Scheme, 2016 (IDS) - declaration was rejected ...

Case Laws Income Tax

October 21, 2019

You may also like:

Application under Direct Tax Vivad Se Vishwas Act, 2020 (DTVSV Act). - Seeking Adjust/give credit to the amount paid by petitioner under the Income Declaration Scheme,...

CBDT issues another Clarifications on the Income Declaration Scheme, 2016 (IDS)

Order under section 119 of the Income-tax Act, 1961 - Income Declaration Scheme, 2016 - Order-Instruction

The assessee made an undisclosed income declaration under Income Declaration Scheme-2016 for the assessment years 2010-11, 2011-12, and 2014-15, clubbing the income for...

Exemption from wealth-tax in respect of assets specified in declaration - THE INCOME DECLARATION SCHEME, 2016

The High Court quashed the assessment order passed u/s 147 read with Sections 144 and 144B, as well as the consequential notices u/ss 156 and 274 read with 271AA(1) of...

Income Tax Disclosure Scheme, 2016 (IDS 2016) - Error in the declaration - As soon as the petitioner realised the error, remaining sum was paid. Such payment was also...

Credit of TDS - tds deducted on the interest income which accrued the investments offered to tax under the ‘Income Declaration Scheme 2016’ - If after the necessary...

Treatment to income Declared under IDS-2016 - undisclosed income U/s. 68 r.w.s 115BBE OR capital gains - Merely because the assessee failed to discharge the tax...

Validity of Declaration made under Income Declaration Scheme, 2016 (‘IDS’) - opportunity of hearing - misrepresentation or suppression of facts - there is no provision...

THE INCOME DECLARATION SCHEME, 2016 - Clauses 178 to 196 of the Bill seeks to insert a new Chapter IX relating to Income Declaration Scheme, 2016. The said Scheme, inter...

Time for payment of tax - THE INCOME DECLARATION SCHEME, 2016 - If the declarant fails to pay the tax, surcharge and penalty in respect of the declaration made under...

Protective assessment - assessee had declared the income under the income tax declaration scheme 2016 - Once declaration of the same income under the IDS, 2016 has been...

The Income Declaration Scheme, 2016 – reg. - Order-Instruction

Clarifications on the Income Declaration Scheme, 2016 - Circular

Quick Updates: