CBDT reiterates confidentiality of Information in Declarations under IDS 2016

Government/ CBDT reiterates that information contained in a valid declaration under IDS 2016 is confidential and shall not be shared with any authority

To address the concerns pertaining to confidentiality of the information/ declarations filed under the Income Declaration Scheme (IDS) 2016, the CBDT has reiterated that information contained in a valid declaration is confidential and shall not be shared with any Authority.

In respect of declarations filed with the Commissioner of Income-tax, Centralised Processing Centre, Bengaluru [CIT (CPC)], as per CBDT, the declaration shall not be shared even with the jurisdictional Principal Commissioner/ Commissioner and payments made under the Scheme shall not be visible to the jurisdictional officers. Form-2 and Form-4 required to be issued in such cases shall be system generated by the CPC.

Similarly, as per CBDT, the declaration filed with jurisdictional Principal Commissioner/ Commissioner shall not be shared with any authority within or outside the department including the jurisdictional Assessing Officer. Further, the payments under the Scheme shall neither be reflected in 26AS statement nor can be viewed by the Assessing Officer in the Online Tax Accounting System (OLTAS) of the Department in the interest of confidentiality.

CBDT Press Release dt. 15 Sept. 2016 Confidentiality of Information under IDS 2016

While announcing the results of the Income Declaration Scheme 2016 on 1st October, 2016 at a press conference in Delhi, the Honourable Finance Minister Shri Arun Jaitley stressed that no break-up of these declarations on the basis of trades / cities / states shall be released in order to ensure absolute secrecy with respect to the identity of the declarants.

CBDT clarifies that no official list of region wise declarations has been issued. The Income Tax Department is committed to maintaining strict confidentiality of declarations made under the Income Declaration Scheme 2016. CBDT requests the general public not to pay any heed to such fraudulent messages circulating on social media.

CBDT Press Release dt. 3 Oct. 2016 CBDT Committed to Confidentiality of Information

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