The irked bankers are up in arms against the revenue authorities who are not ready to forgo Rs 40,000 crore that the former has been asked to pay as service tax levied on free services. Bankers have warned the government that free services would have to be withdrawn if they[Read More…]
Tag: Cash deposits
Cash deposits of Rs 2.89 lakh crore post demonetisation under radar: I-T dept
The Central Board of Direct Taxes (CBDT) on Thursday said that cash deposits of Rs 2.89 lakh crore, deposited after demonetisation, is under the radar of the income tax department. As many as 9.72 lakh persons have deposited the stated cash in 13.33 lakh accounts, the department said. Around 14,000[Read More…]