TMC s Saket Gokhale exposed 11 income-tax notices within 72 hours, some from seven years ago. Alleges Modi govt s bias before Lok Sabha 2024, citing interference in the democratic process. Shared I-T emails online.
Several taxpayers have received messages from the Income Tax Department alerting them about possible non-disclosure of high-value transactions such as property sales and purchases, foreign investments and remittances overseas, investments of over Rs 10 lakh in mutual funds, and capital gains made on the sale of equity shares.
Is there any time limit for Income Tax Refund? Taxmen respond to multiple complaints financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The Income Tax authorities had conducted a survey on Centre for Policy Research office in September last year after which reassessment notices had been issued.
The All India Petroleum Dealers Association said that people are trying to use the Rs 2,000 note even for small transactions, causing a shortage of change at petrol outlets.