1) I am having a cash balance of Rs.10lacs with me now can i go for IDS 2016 2) I have given a cash loan of Rs.3lacs to a farmer can i go on IDS 2016 3) I sold a property for Rs 5 lacs in the year 2012 can i go on IDS 2016
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Ids 2016
Replies (3)
Yes, you can declare all your undeclared capital in aggregate as valuation of 1st June, 2016
Currently I am having Unaccounted Balance of Aggregating Rs.5lacs in Cash Can i go for purchasing of property with that money
You will be at liberty to use it the way you like (which you are lacking now) So, go ahead.
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