No move by Income Tax Department to use Digi Yatra data to track tax evaders
Income Tax Department (CBDT) has clarified that some news articles have appeared stating that Digiyatra data will be used to crack down on tax evaders. In this connection it is clarified that as on date there is no such move by the Income Tax Department.
PIB Fast check has also reported that such news is fake and the Income Tax Department has not made any decision to use Digi Yatra data.
- Sales duly recorded in books & VAT returns, can’t be held bogus without cogent adverse material
- ITAT allows Diwali expenses incurred by assessee as business expenses
- Section 292BB does not bar assessee to raise objection for non issuance of notice u/s 143(2) – SC
- Supreme Court explains expression “reason to believe” & “change of opinion” in Income Tax Act 1961
- Omission of rule 96(10) of CGST Rules will be effective retrospectively from 23.10.2017
