Daily Archives: August 8, 2018

Action on those Converting Black Money into White during Demonetization

By | August 8, 2018

Ministry of Finance Action on those Converting Black Money into White during Demonetization Appropriate action by the Income-tax Department (ITD) and other Law Enforcement Agencies has been taken against those involved in the misuse of the Scheme of Demonetization. Such actions by the Income-tax Department included among others, conducting search and survey actions in relevant… Read More »

Income Tax Notices for holding of assets by NRIs

By | August 8, 2018

Ministry of Finance Income Tax Notices Posted On: 07 AUG 2018 6:25PM by PIB Delhi Income Tax Notices have been issued by the Income Tax Department and the Enforcement Directorate. In respect of Income Tax Department, assesses including, non-resident assesses are served notices/summons consequent to the initiation of various proceedings under the Income-Tax Act, 1961,… Read More »