Income Tax authorities say, undisclosed income of Indians totalling 565 crore rupees has been detected in France. The figure was disclosed in the information that India received from France on Indians having bank accounts, under the exchange of information clause of the Double Taxation Avoidance Agreement (DTAA) with the European country.
The Central Board of Direct Taxes, CBDT told Parliament’s Public Accounts Committee (PAC) that in 219 cases, the tax authorities have detected undisclosed income totalling 565 crore rupees and taxes amounting to 181 crore have already been realised.

Tags:

More Under Income Tax

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

November 2020
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30