Tag: demonetisation

Scrutiny of revised-belated returns post-demonetisation-important issues

Scrutiny of revised-belated returns post-demonetisation-important issues. CBDT list instances indicating abuse of Income Tax provisions CBDT in its latest instruction has cautioned all PCCITs and DGITs regarding revised/belated returns filed by assesses post-demonetisation and issued guidelines for important issues to be considered while framing scrutiny assessments in such …

Number of Taxpayers added after Demonetization-clarification on different figures given at PM Speech, FM Statement etc.

Number of Taxpayers added after Demonetization-clarification on media reports on different figures given at PM Speech, FM Statement, Rajya Sabha Reply etc. Press Information Bureau  Government of India Ministry of Finance 18-August-2017 19:37 IST Clarification regarding number of Taxpayers added after Demonetization  Various news reports/articles have appeared in …

Recovery of undisclosed income post demonitization

Recovery of undisclosed income post demonitization Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:47 IST Recovery of undisclosed income post demonitization  With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive …

Increase in number of Income Tax payers after demonetisation

Increase in number of Income Tax payers after demonetisation Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:45 IST Increase in number of Income Tax payers after demonetisation The number of income tax payers has increased after demonetization. During the period of 09.11.2016 to 31.03.2017, 1.96 …