PM Garib Kalyan Yojana
Dear Members,
As per recent Jan/Feb 2017 income tax announcement of PMGKY's regarding declaration of your cash deposit and FD or any similar instruments, which was not accounted in Income tax assessment. To declare the income under PMGKY. I have minor clarifications.
* Under this scheme who are the ones need to declare. Please comment and give your valuable feedback.
* Is it applicable ONLY to the cash deposits cash/Fixed Deposit's done during demonetization (Nov '16 till 31 Dec 2016)
* I have old Fixed Deposit's with Form 15H in bank before demonetization and declared in my IT filing. And there are some sweep Fixed Deposits, these FD's happens when I have more than 10 thousand rupees in Savings Bank a/c , the balance more than 10K Rs will be made as Fixed Deposits by system itself. So these are missing in the assessment. Should I have to declare under PMGKY?
* When you declare the income on your FD's, is it for the Financial year 2015-16 or previous years also. If previous how many years of old FY's.?
Request member to give their valuable feedback.
Best Regards
Arun more
As per recent Jan/Feb 2017 income tax announcement of PMGKY's regarding declaration of your cash deposit and FD or any similar instruments, which was not accounted in Income tax assessment. To declare the income under PMGKY. I have minor clarifications.
* Under this scheme who are the ones need to declare. Please comment and give your valuable feedback.
* Is it applicable ONLY to the cash deposits cash/Fixed Deposit's done during demonetization (Nov '16 till 31 Dec 2016)
* I have old Fixed Deposit's with Form 15H in bank before demonetization and declared in my IT filing. And there are some sweep Fixed Deposits, these FD's happens when I have more than 10 thousand rupees in Savings Bank a/c , the balance more than 10K Rs will be made as Fixed Deposits by system itself. So these are missing in the assessment. Should I have to declare under PMGKY?
* When you declare the income on your FD's, is it for the Financial year 2015-16 or previous years also. If previous how many years of old FY's.?
Request member to give their valuable feedback.
Best Regards
Arun more
Viewed by 493
Garib was LBS......his wife used to make roti herself. On Tue, Mar 7, 2017 at 11:46 AM, arup ratan sit wrote: > there is no Garib kalyan till single Garib is going to bed with empty > stomach.....has He meet any garib personally.....Sab Dikhawa.....election > stunt. > > On Mon, Mar 6, 2017 at 1:00 PM, Arun Kumar > wrote: > >> more
Mar 07
there is no Garib kalyan till single Garib is going to bed with empty stomach.....has He meet any garib personally.....Sab Dikhawa.....election stunt. On Mon, Mar 6, 2017 at 1:00 PM, Arun Kumar wrote: > more
Mar 07
In case of all FDs earning interest of RS 10000/pa linked with Pancard-all of this are reflected in 26AS and should not worry be it anywhere bank or SCSS or LIC pension etc etc,only those who have deposited money in cash during the demonetisation time have to account for this by way of declaration of source/legitimacy/agro income etc etc -if that is not possible pay money to the PM garib kalyan Yojna and get out of that legally. more
Mar 06
This scheme is for those who have not disclosed the cash deposits in their income tax assessment years. If you have done the fixed deposits in the banks with KYC cleared, you need not worry as long as it is not from any kind of black money. more
Mar 06
