Sunday, May 9, 2021

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Income Tax Returns

Demonetization impact: Tax Department to send notices to 1.16 lakh depositors

High cash deposits but no IT returns filed = Tax troubles

IT Department ups the ante to check for ‘black’ money deposited during demonetization

Guidelines have been issued to suggest ways to catch tax evaders

CBDT clarifies there is no inconsistency in the data provided by government, PM

Truth about discrepancies in government numbers and numbers quoted in Prime Minister's speech.

Now, foreign bank accounts of NRIs under Income Tax lens

The Income Tax authorities have added a new clause in the income tax return form seeking this information.

Number of people paying income tax jumps by over 22% after war on black money

This jump is being seen as an effect of steps taken against black money and demonetisation.

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