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The Income Declaration Scheme 2016 - Undisclosed Income Invested in Acquisition of such Capital Asset

Income Tax - 9 of 2016 - Dated:- 27-9-2016 - Instruction No.9 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) *** New Delhi, the 27th September, 2016 To, All The Principal Chief Commissioners of Income-tax Sub.: The Income Declaration Scheme, 2016 - reg. Instances have been brought to the notice of the Board that some taxpayers are of the view that if a capital asset acquired out of undisclosed income is sold before 01.06. .....

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