Taxpayers take note! Income Tax department recovers Rs 37,000 crore from individuals not filing returns despite taxable income
The Income Tax Department has recovered Rs 37,000 crore over the past 20 months from individuals who failed to file returns despite significant spending. Officials used data analytics and transaction records like luxury purchases to identify non-compliant taxpayers.
The Income Tax Department has recovered Rs 37,000 crore over the past 20 months from individuals who failed to file returns despite significant spending. Officials used data analytics and transaction records like luxury purchases to identify non-compliant taxpayers. What's Your Reaction?
