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Undisclosed income declared not to be included in total income

Clause 185 - Bills - THE INCOME DECLARATION SCHEME , 2016 - FINANCE BILL, 2016 - Clause 185 - 185. The amount of undisclosed income declared in accordance with section 180 shall not be included in the total income of the declarant for any assessment .....

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eeks to insert a new Chapter IX relating to Income Declaration Scheme, 2016. The said Scheme, inter alia, provides 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 .....

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