Information about cases of depositing more funds and accounts in the accounts of the bank during the note-taking, the information portal will be available: http://bit.ly/GdGhldDadbaddhadguardhadbadhadbed.db.b. But e-filing has been made available in the window. The account holder can obtain information using the link of Cash transaction 2016 of the Compliance Section of the portal. The taxpayer can go to the office of the Income Tax Department without having to submit his answer online. All identified persons are being informed through email and SMS so that they can give their replies online.
The following information has been sent to promote voluntary compliance
It is necessary to give details of cash deposited in two lakh or more bank accounts in the income tax return (ITR). This description will be compared to information available with the Income Tax Department.
The taxpayer should ensure that the details of the amount deposited in the bank accounts (in the calculation of income) is also given in the ITR during the note-taking. The amount deposited in such a way should be added to taxable income during the tax selection.
The complete and true details of the cash deposited in the above period should be given in the ITR.
The following information has been sent to promote voluntary compliance
It is necessary to give details of cash deposited in two lakh or more bank accounts in the income tax return (ITR). This description will be compared to information available with the Income Tax Department.
The taxpayer should ensure that the details of the amount deposited in the bank accounts (in the calculation of income) is also given in the ITR during the note-taking. The amount deposited in such a way should be added to taxable income during the tax selection.
The complete and true details of the cash deposited in the above period should be given in the ITR.
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