Income tax notice to 1.16 lakh people depositing more than Rs 25 lakhs ... - iTOP News

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Wednesday 29 November 2017

Income tax notice to 1.16 lakh people depositing more than Rs 25 lakhs ...




New Delhi. This tax department has sent notices to 1.16 lakh individuals and companies who have deposited more than Rs 25 lakh in their bank accounts after the note-taking.

The tax department has prepared a list of 18 lakh people, Sushil Chandra said that those who deposit heavy cash deposits are also on the target of the Income Tax department, who have made IT returns ...

These categories of companies and companies, who have not yet filed their IT returns, have been divided into two categories of those who did not file IT returns.

These categories of companies and companies, who have not yet filed their IT returns, have been divided into two categories of those who did not file IT returns.

Within 30 days, filing returns, otherwise, Action Chandra said, '1.16 people are those who deposited 25 lakh rupees in their account after the cancellation, but so far ...

The action taken notice on 609 people has been given under section 142 (1) of the IT Act. The official said that in April-September this year, action against infringement of IT law ...


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