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DECLARESION UNDER PMGK SCHEME

This query is : Resolved 
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(Querist)
17 February 2017 SIR I HAVE unaccounted cash amounting to RS 200000/- in my BANK.. I have purchased a gold ornament worth value RS 70000/-Now I want to declare the whole amount of Rs 200000/- including the value of jewellery under above scheme. Please advise.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 February 2017 This is a small amount no need to declare under this scheme. Include this 2 lacs under the current year income file return and pay taxes.
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