Unaccounted Deposits
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Rs 55 Crore Deposits Seized After Raids On Ex-Fund Manager, Share Brokers
The Income-tax department has seized "unaccounted" deposits worth more than Rs 55 crore and unearthed "evidences" of large-scale hidden investments after it recently raided a former chief trader some share brokers and others.
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Unaccounted Deposits In Old Notes To Attract 50 Per Cent Tax, 4-Year Lock-In Period
A minimum of 50 per cent tax may be levied on unexplained bank deposits made using the banned currency notes up to December 30 along with a 4-year lock in period for half of the remaining amount under the amendments to tax law the government plans to bring in parliament shortly.
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Rs 55 Crore Deposits Seized After Raids On Ex-Fund Manager, Share Brokers
The Income-tax department has seized "unaccounted" deposits worth more than Rs 55 crore and unearthed "evidences" of large-scale hidden investments after it recently raided a former chief trader some share brokers and others.
-
Unaccounted Deposits In Old Notes To Attract 50 Per Cent Tax, 4-Year Lock-In Period
A minimum of 50 per cent tax may be levied on unexplained bank deposits made using the banned currency notes up to December 30 along with a 4-year lock in period for half of the remaining amount under the amendments to tax law the government plans to bring in parliament shortly.
