crypto currency

in cryptocurrency •  7 years ago 

Noting that the I-T department is cutting down interface between taxman and assesses, Chandra said: “Your cases can’t be picked up by the I-T official by his or her discretion. As the CBDT (Central Board of Direct Taxes) Chairman, even I can’t pick up any case using discretion.”

He also said that the tax department started e-assessment of income tax forms in September 2017 and 60,000 cases have been completed so far. Out of 15 lakh companies registered with ministry of corporate affairs, only 7 lakh are filing tax return forms, Chandra said.
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