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Income Declaration Scheme - Post Demonetization

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..... Income Declaration Scheme - Post Demonetization - News and Press Release Dated:- 25-12-2016 - News - Some important provisions - relevant for the Income to be Declared after Demonetization Income Tax Act, 1961 Section 68 : Cash credits Section 69 : Unexplained investments Section 69A : Unexplained money, etc. .....

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..... Section 69B : Amount of investments, etc., not fully disclosed in books of account Section 69C : Unexplained expenditure, etc. Section 69D : Amount borrowed or repaid on hundi Section 115BBE : Tax on income referred to in section 68 or section 69 or section 69A or section 69B or section .....

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..... 69C or section 69D. S. 2 of F.A, 2016 : General Rates of Income-tax. - As prescribed in Finance Act, 2016 Section 270A : ​​​​​​​Penalty for under-reporting and misreporting of income. Section 270AA : Immunity from imposition of penalty, etc. .....

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..... Section 271 : Failure to furnish returns, comply with notices, concealment of income, etc Section 271A : Failure to keep, maintain or retain books of account, documents, etc. Section 271AA : Penalty for failure to keep and maintain information and document, etc., in respect of certain transactions Section 271AAA : .....

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..... Penalty where search has been initiated Section 271AAB : Penalty where search has been initiated Section 271AAC : Penalty in respect of certain income. Section 273B : Penalty not to be imposed in certain cases - The provisions of this section are not application where the penalty is levied u/s 271AAB or .....

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..... 271AAC. Section 274 : Procedure Section 275 : Bar of limitation for imposing penalties PRADHAN MANTRI GARIB KALYAN YOJANA Ch. IXA TAXATION AND INVESTMENT REGIME FOR PRADHAN MANTRI GARIB KALYAN YOJANA, 2016 Taxation and Investment Regime for Pradhan Mantri Garib .....

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..... Kalyan Yojana Rules, 2016 Pradhan Mantri Garib Kalyan Deposit Scheme, 2016. Benami Property Benami Transactions (Prohibition) Act, 1988 Prohibition of Benami Property Transactions Rules, 2016. - News - Press release - PIB Tax Management India - taxmanageme .....

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..... ntindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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