Income Tax department monitors Cash Transactions

[Dhillon]

Income Tax department has added a new window in their I.T. E-FILING WEBSITE viz " ACCOUNT CASH TRANSACTIONS " .

The moment CASH is deposited into your Bank a/c , the amount will immediately reflect in this WINDOW of the I.T. Department. All the Banks Server's have been linked with the CPU of I.T. Department for CASH transactions.

 

[kit walker]

Advance notice on 1 more MSS (modi surgical strike) Now lets talk about digital lockers - from a specific date you will not be able to operate your bank locker with your keys . It can be opened only digitally in the presence of a government revenue officer . Any jewellery found without substantial evidence only 600 gms will be allowed per ladies member substantial through ration card . Balance for all jewellery and gold bars diamond n other materials valid bills will be required . Otherwise valuation will be compounded 3 times and taxes will be paid accordingly . Confirmed news