If a person declared income under this scheme then he is required to pay the amount of tax, surcharge and penalty as per the following schedule:-
- Minimum of 25% of tax, surcharge and penalty to be paid by 30th November, 2016;
- A further amount of 25% of tax, surcharge and penalty to be paid by 31st March, 2017; and
- The balance amount to be paid on or before 30th September, 2017
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