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Income Declaration Scheme 2016: Declare Undisclosed Income, No Deductions Allowed, Ensures Tax Compliance.
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....Declaration of undisclosed income - THE INCOME DECLARATION SCHEME, 2016 - When the declaration can be filed - Determination of fair market value - No deduction in respect of any expenditure or allowance shall be allowed against the income in respect of which declaration under this section is made.....
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