According to the information received by the Income Tax Department, manipulations of more than Rs 100 crore have been done through minor transactions. The special thing is that all these transactions have been done from abroad.
Image Credit source: Representational Image
The eye of income tax is currently fixed on tax evaders. Recently the Income Tax Department has come to know of tax evasion. In which 89 companies are on the radar of the IT department. In this, the case of black money of 100 crores is coming to the fore. After getting the information, the Income Tax Department has become active and is making every possible effort to curb these tax evaders.
Let us tell you that according to the information received by the Income Tax Department, manipulations of more than Rs 100 crore have been done through minor transactions. The special thing is that all these transactions have been done from abroad. IT department suspects these transactions to happen during 2019-20 and 2020-21.
read this also: Elon Musk: Here the dog became a bird and 75000 crore rupees drowned there, this is how the game happened
What is 100 crore black money connection?
According to the report published in the Economic Times, the Income Tax Department has started questioning all the people related to this matter. They are being asked why and for what reason these transactions have taken place. The most important thing about these transactions is that all these transactions are worth more than Rs 100 crore and suspicion of tax evasion is being raised in them. And the third thing that raises doubts is that all these transactions have been done from abroad. On which the concerned people have not been able to give proper details till now. They may have to face strict action for not giving proper details.
Earlier the case of 68 thousand came in front
Let us tell you, earlier in March, the Income Tax Department had told that they have identified 68,000 cases in which there is a possibility of tax evasion. All these cases are such in which transactions have taken place on a large scale. The Income Tax Department has received all these cases of transactions during the year 2019-20 i.e. Corona.
Source: www.tv9hindi.com
: Language Inputs