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Tax defaulters are in serious trouble as of now as the Income Tax Department has already made the list of chronic tax defaulters public on their website. )
The Income Tax Department has recently discovered Rs 4248 crores as undisclosed income from the Karnataka and Goa region.)
The government on Tuesday rolled out a new mandate that says that AADHAR number is a must to file IT Returns.)
The new amendment under the latest finance bill supports for lowering of cash transaction limit from the earlier announced)
Income Tax Filing deadline is about to reach in 4 weeks and many of the responsible taxpayers have already started their ITR filing process by now.)
Indian Government is all focused on curbing black money operations in India and have made many restrictions for cash transaction and tax deduction for the current financial year.)