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TIOL-DDT 2851 · Monday, 23 May 2016 · story 5 of 8

Income Tax -CBDT Notifies Income Declaration Scheme Rules, 2016

By Vijay Kumar

CBDT has notified the Income Declaration Scheme Rules, 2016. The Rules explain the manner of determination fair market value of asset and the declaration of income or income in the form of investment in any asset.

CBDT Notification No. 33/2016., Dated: May 19, 2016