MUMBAI: The Income Tax Department expressed the possibility of increasing all revenues with the Central Board of Direct Taxes in the next three months - warning all senior tax officials that their performance "is being monitored at a high level." Rs. It will also renew pressure on imposing tax on the deposit of 3 lakh crores and recovering, which is a non-sensitive cash amount associated with banks.
It Return, IEC, GST |
"Investigations, surveys, information checks and follow ups will be clarified on 'cash in hand' from various taxpayers, not only by large organizations and jewelers ... Although we have found our respective targets on many people, the doors are" one Senior tax official told ET.
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