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Income Declaration Scheme (Second Amendment) Rules 2016

Income Tax - 70/2016 - Dated:- 12-8-2016 - MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION 70/2016 New Delhi, the 12th August, 2016 S.O. 2705(E).- In exercise of the powers conferred by sub-section (1) and sub-section (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 .....

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:- The declarant is hereby directed to make the payment of sum payable as per column (5) of the above table, as specified below:- (i) an amount not less than twenty-five per cent. of the sum payable on or before 30th day of November, 2016; (ii) an amount not less than fifty per cent. of the sum payable as reduced by the amount paid under clause (i) above on or before 31st day of March, 2017; (iii) the whole of the sum payable as reduced by the amount paid under clause (i) and (ii) above on or be .....

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missioner/Commissioner …………………………………… Sir/Madam, 1. Pursuant to the acknowledgement received from you in Form-2 vide certificate F.No._________ dated _______, the detail of payments made are as under: A. Payments made on or before 30th day of November, 2016 Sl BSR Code of Bank Date of Deposit (DD/MM/YYYY) Serial Number of Challan* Amount (Rs) (1) (2) (3) (4) (5) **B. Payments made after 30th day of .....

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