CG notified 30-09-2016, 30-11-2016 and 30-09-2017 as the dates for make a declaration in respect of as the date on or before which the benamidar shall transfer to the declarant, being the person who provides the consideration for such asset, or his legal representative - 32/2016 - Income Tax Act, 1961
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Undisclosed income declaration deadlines set, with staged tax and penalty payments and benamidar transfer obligation enforced. The Central Government appoints statutory dates under the Finance Act, 2016 for the undisclosed income declaration regime: a deadline to make a declaration under section 183; a staged schedule for payment of tax, surcharge and penalty under sections 184 and 185 with amounts at each stage reduced by prior payments; and a deadline requiring the benamidar to transfer the asset to the declarant or the declarant's legal representative.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Undisclosed income declaration deadlines set, with staged tax and penalty payments and benamidar transfer obligation enforced.
The Central Government appoints statutory dates under the Finance Act, 2016 for the undisclosed income declaration regime: a deadline to make a declaration under section 183; a staged schedule for payment of tax, surcharge and penalty under sections 184 and 185 with amounts at each stage reduced by prior payments; and a deadline requiring the benamidar to transfer the asset to the declarant or the declarant's legal representative.
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