Tag: Revised ITR after Demonetization

CBDT issues notification on Fraudulently revised ITR after Demonetization

The Central Board of Direct Taxes (CBDT) has issued a notification on fraudulent cases where a taxpayer has filed a revised income tax return (ITR) post demonetization and directed them to slap “higher tax rate” in instances where black money is detected. The idea behind the CBDT directive is that the legal provision for filing … Continue reading “CBDT issues notification on Fraudulently revised ITR after Demonetization”

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