Team Modi has constituted a  Special Investigation Team in compliance with the judgement of Hon’ble Supreme Court

The Union Cabinet today approved constitution of Special Investigating Team (SIT) to implement the decision of the Hon’ble Supreme Court on large amounts of money stashed abroad by evading taxes or generated through unlawful activities. The SIT will be headed by Hon’ble Mr. Justice M.B. Shah, former Judge of the Supreme Court as Chairman and … Continue reading Team Modi has constituted a  Special Investigation Team in compliance with the judgement of Hon’ble Supreme Court

CBDT identifies Income Tax Return non-filers –

The Income Tax Department had initiated a business intelligence project in February, 2013 to identify PAN holders who have not filed Income Tax Return and about whom specific information is available in Annual Information Return (AIR), Central Information Branch (CIB) data and TDS/TCS Returns. In the first round of data matching, 12.19 lakh non-filers were … Continue reading CBDT identifies Income Tax Return non-filers –