Income Tax

Income Tax to share information with Scheduled Commercial Banks

Income Tax to share information with Scheduled Commercial Banks

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

Notification No. 71/ 2020

New Delhi, the 31st August, 2020

S.O. 2947(E).—In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of the Income-tax Act, 1961, the Central Government hereby specifies “Scheduled Commercial Banks” listed in the Second Schedule of the Reserve Bank of India Act, 1934 for the purposes of the said clause.

[/F. No. 225/136/2020-ITA.II]

RAJARAJESWARI R., Under Secy

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