Tax evasion or underreporting: CBDT sees whopping Rs 20,000 crore income tax recovery; almost double of last year
The CBDT collected ₹20,000 crore in pending dues in the first quarter, doubling last year's figures, driven by income-tax demand notices. With a recovery target of ₹1.96 lakh crore for the fiscal year, the department is intensifying efforts to identify income under-reporting and tax evasion.
The CBDT collected ₹20,000 crore in pending dues in the first quarter, doubling last year's figures, driven by income-tax demand notices. With a recovery target of ₹1.96 lakh crore for the fiscal year, the department is intensifying efforts to identify income under-reporting and tax evasion. What's Your Reaction?
