CBDT Instruction on Section 132 Of The Income-Tax Act 1961 – Data Base Of Credit Card Holders

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SECTION 132 OF THE INCOME-TAX ACT 1961 – DATA BASE OF CREDIT CARD HOLDERS INSTRUCTION NO. 1961 [F.NO. 414/90/98-IT], DATED 2-2-1999 A number of representation have been received from various banks pointing out difficulties in supplying information on credit card holders which is being sought by various wings of the Income-tax Department. The main request relates…

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