"28 May 2009" Archive

IT department found over Rs 1,200 crore lying unaccounted in demat accounts

The I-T department has found over Rs 1,200 crore lying unaccounted in lakhs of frozen demat accounts across the country and has sought a detailed probe on the possibility of their use for illegal transaction and tax evasion. The department has now sent the reports of such accounts to the respective Chief Commissioners of Income […]...

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Posted Under: Income Tax |

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