The income declaration scheme 2016
Ketan Lathia (CA Practice ) (125 Points)
04 June 2016Ketan Lathia (CA Practice ) (125 Points)
04 June 2016
Mohan
(Audit Assisstant & Accounts Manager)
(489 Points)
Replied 04 June 2016
Ketan Lathia
(CA Practice )
(125 Points)
Replied 04 June 2016
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)?
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)