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I am having 8 Years Experience in the Field of Accountancy, Industrial Consultancy and Taxation and having expert knowledge of Excel, Tally.ERP9, etc.
CBDT passed a new Notification on 18.08.2016 titled "Clarifications on the Income Declaration Scheme, 2016"
This notification is passed because of Questions raised by General Public to CBDT about Income Declaration Scheme, 2016 which is in force w.e.f. 01.06.2016.
In this Notification CBDT Clarify the procedure of calculating undisclosed income on different things and at different situations.
Hope this will help us a lot in calculating undisclosed income for Income Declaration Scheme, 2016. So, download the notification by click on the link below, read the FAQs and share your views.
http://www.incometaxindia.gov.in/communications/circular/circular29_14072016.pdf
18/08/2016
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