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Penalty

Clause 182 - Bills - THE INCOME DECLARATION SCHEME , 2016 - FINANCE BILL, 2016 - Clause 182 - 182. Notwithstanding anything contained in the Income-tax Act or in any Finance Act, the person making a declaration of undisclosed income shall, in additio .....

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s for declaration of undisclosed income by any person. The scheme shall be in operation from the 1st day of June, 2016 till a date to be notified by the Central Government in the Official Gazette. The proposed Chapter, inter alia, provides for levyin .....

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