Net direct tax collections rises by 23% so far in FY 2022-23: CBDT
Net direct tax collections so far this financial year are at Rs 700,669 crore, an increase of 23 per cent as compared to Rs 568,147 crore till the same period
Net direct tax collections so far this financial year are at Rs 700,669 crore, an increase of 23 per cent as compared to Rs 568,147 crore till the same period
According to the sources, the raids are underway in multiple cities in over half a dozen States.
Income Tax department said that CBDT has issued refunds of over Rs 1.14 lakh crore to more than 1.97 crore taxpayers.
Investigations have also revealed that unaccounted cash expenditure has been incurred on construction of the residential house of one of the key persons.
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The Income Tax department has detected un-disclosed income of over Rs.5,343 crore and seized Rs.114 crore of new notes which…
