Tag: black money
Posted in Finance
No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets
Mumbai: Income tax authorities are increasingly issuing show-cause notices seeking explanations on foreign investments not disclosed in ‘schedule-FA’ in tax returns. A recent order of…
Posted in Economy
black money: Flurry of I-T orders under Black Money law to beat March 31 Deadline
April 3, 2023 Leave a Comment on black money: Flurry of I-T orders under Black Money law to beat March 31 Deadline
Several orders for violating the black money law were released in the run-up to March 31 as the Income Tax (I-T) office rushed to beat…
Posted in Economy
black money law: Tax demands of Rs 13,566 crore raised in four fiscals under black money law: MoS Finance
March 20, 2023 Leave a Comment on black money law: Tax demands of Rs 13,566 crore raised in four fiscals under black money law: MoS Finance
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal…