Do you have a bank FD …? So read this definitely
Those who have fixed deposits (fixed deposits or FDs) IT earns 5 million or more, IT has full focus on IT. His taxable income includes some senior citizens who do not include interest payments or file returns. The Central Board of Direct Taxes (CBDT) senior officials told the media about this.
Those who do not show their income, but their lifespan are so comfortable. Such tax evasion comes only when they are arrested and prosecuted. According to an official, doctors who charge pocket fee also come in this category.
The tax department uses the information available to banks for this because banks only deduct TDS on FD. According to sources, in some cases 10% tax is deducted, there are also people who do not pay tax despite tax of 30% tax. Under this, officials also focus on professionals who take their fees in cash.
It is very difficult to identify people, these people will be caught only when they are printed during their earnings. For example, in the rainy season, when dengue or chikungunya infection spreads, doctors charge patients a fee. At that time, the truth is open when they are investigated.
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