Assessment

Shown Agriculture Income Above Certain Limit During AY 2011-12 to AY 2013-14 ? Be Prepared for Tax Departments Enquiry

Posted on by Prashant Thakur

A public interest litigation case field in High Court has compelled CBDT to relook on the allegation of money laundering by some persons . The assessing officers are instructed to report about any declaration of agriculature income in excess of a certain limit and also the action or enquiry conucted in case of scrutiny assessment already done. It has also been asumed that ceratin numbers of data may infact be incorrect. But the A.O is tasked with verifying it. 

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Prashant Thakur

The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.

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