CBDT scanner on Swiss accounts leading to higher tax declarations in revised ITRs

CBDT scanner on Swiss accounts leading to higher tax declarations in revised ITRs

Follow Us on Google News New Delhi, June 20 (IANS): The Central Board of Direct Taxes on Friday said that it regularly receives detailed financial data under global tax cooperation frameworks, including the Automatic Exchange of Information (AEOI) with over 100 jurisdictions, including Switzerland, which it uses to verify ITRs filed by Indian taxpayers. As … Read more

CBDT steps up drive against tax dodgers, sets targets for Income Tax dept

CBDT steps up drive against tax dodgers, sets targets for Income Tax dept

Follow Us on Google News New Delhi, April 28 (IANS) The Central Board of Direct Taxes (CBDT) has directed the field formations of the Income Tax Department to step up the drive against black money and tax evasion with a comprehensive time-bound strategy to bring unreported and under-reported businesses into the tax net. The CBDT … Read more