Thursday, February 27, 2020

With revenues falling, taxmen rake up three-year-old demonetisation cases

Two senior tax officials said the department has sent thousands of notices this year, including to jewellers, demanding an estimated Rs 1.5-2 lakh crore in taxes. The Central Board of Direct Taxation and the Finance Ministry did not immediately respond to a request for comment, and the government has not spoken about the tax demands on the jewellers.

from Economy-News-Economic Times https://ift.tt/2VCkxiP

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