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The income declaration scheme 2016
As per The scheme, but now if for eg, if I have some undisclosed creditors form the AY 2008-09(eg) and I have received notice (2014-15) in which I need to give explanation for such creditors (the info wrt such creditors is gathered by the IT department), and now if i wish to file declaration for such creditors than from which date should I consider such undisclosed cr. in my declaration ie. from the date they are standing undisclosed(here 2008-09) or the date of receipt of notice(2014-15)
Replies (3)
You cannot opt for this scheme since your case is under scrutiny. The benefit of the scheme is available only to those who have been selected for scrutiny. Thus is one of the condition to be satisfied before you opt for the scheme.
| Originally posted by : Mohan | ||
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You cannot opt for this scheme since your case is under scrutiny. The benefit of the scheme is available only to those who have been selected for scrutiny. Thus is one of the condition to be satisfied before you opt for the scheme. |  |
We cannot Opt for the scheme for the year which is under scrutiny.. In this case Notice is eceived for the year 2014-15 and details is asked about creditors standing in Liability (which has been carried forward since 2008-09 i.e. the year of transaction). Now can i seek to declare that income for the year 2008-09 (for which no notice has been issued yet)?
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