Income Tax Department, Kerala seizedRs 1200 crore of undisclosed income in the first half of the year. From a statement issued byIncome Tax Department, it came to knowledge thatit has information regarding undisclosed immovable assets and deposits in cooperative banks / NBFCs etc and advised such people to take advantage of IDS (Income Disclosure Scheme) .
Read more at:
http://economictimes.indiatimes.com/articleshow/54467129.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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