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Ids scheme

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26 September 2016 My client's firm is commenced on june 2015 is firm declare in IDS Scheme silver jewellery ornaments ?

27 September 2016 If the jewellery ornaments purchased out of profit earned through the firm started in June 2015 declare the income in ITR for financial year 2015-16 and pay applicable taxes.
In case of undisclosed income of previous year declare in IDS scheme.



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