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Income declaration scheme 2016.

This query is : Resolved 
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(Querist)
07 September 2016
An individual has never been submitted Income tax Return but who is dealing business of Developer.
Firstly, he with other 2 friends started with business of purchasing land & construction flat on such land. After selling of flat 3 persons distributed profit. Thereafter, one of them started individually promoting business i.e purchasing land & construction of flat on such land. After selling of flat , purchase land. Till date i.e 9.9.2016 assessee having 5 lands, cost around 2 crore & stamp duty value around 3.5 crore. Now assessee wants to avail IDS2016. How to disclosed?
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ACA Anurag

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ACA Anurag (Expert)
08 September 2016 Dear Pinaki, You can disclose it in ICDS sxheme. kindly refer the circular no 26/2016 and 27/2016 You can file it online or else take our professional services for that Hope your query is resolved Kindly like if my response has helped you
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ACA Anurag

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ACA Anurag (Expert)
08 September 2016 Already answered the query
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