Income declaration scheme, 2016

Notification 214 views 1 replies

If a person is holding large quantity of silver/gold coins acquired from pre independence period, should he declare the asset under the Income Declaration Scheme,2016? If yes,at what value should it be estimated?

Replies (1)

No need to disclose it to the Income tax Department as it is outside the perview of the assessment period of the IT Deparment


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