Income Tax department to conduct scrutiny where assessees failed to respond to taxmen's notices

The Income Tax department has introduced guidelines that require scrutinizing cases in which taxpayers have disregarded I-T notices. Further, the tax department will investigate cases involving tax evasion flagged by law enforcement agencies or regulators. The department will also register cases wherein taxpayers continue to claim exemptions despite their withdrawal or cancellation.

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