Faceless IT Return: Youth To pay tax of Rs 113 crore...P-1
Faceless IT Return: youth To pay tax of Rs 113 crore...P-1
Income Tax Department has sent a notice to a youth of Bhind district of madhya pradesh to pay tax of Rs 113 crore. The Income Tax Department has demanded this tax for the alleged transaction of Rs 132 crore by the youth. The special thing is that this allegation is being leveled against the young man for the second time. Earlier in the year 2019 also, a penalty was sought from him, after getting information from the media report, the Prime Minister's office conducted an inquiry and gave a clean chit to the young man. Now the new 'Faceless Proceedings' system of the Income Tax Department has again sent notices increasing the penalty by more than 100 times. The youth has complained about this in Bhopal's Subhash nagar police station, which has said to investigate the facts.12 years old alleged transaction, salary was Rs 7,000 thenAccording to the reports, the Income Tax Department tells 30-year-old ravi Gupta for the alleged transaction of Rs 132 crore, for which penalty is being sought, for the financial year 2011-12. The surprising thing is that at that time ravi Gupta was working in a BPO in indore on a monthly salary of just Rs.7,000.To be continued in part 2...
Income Tax Department has sent a notice to a youth of Bhind district of madhya pradesh to pay tax of Rs 113 crore. The Income Tax Department has demanded this tax for the alleged transaction of Rs 132 crore by the youth. The special thing is that this allegation is being leveled against the young man for the second time. Earlier in the year 2019 also, a penalty was sought from him, after getting information from the media report, the Prime Minister's office conducted an inquiry and gave a clean chit to the young man. Now the new 'Faceless Proceedings' system of the Income Tax Department has again sent notices increasing the penalty by more than 100 times. The youth has complained about this in Bhopal's Subhash nagar police station, which has said to investigate the facts.12 years old alleged transaction, salary was Rs 7,000 thenAccording to the reports, the Income Tax Department tells 30-year-old ravi Gupta for the alleged transaction of Rs 132 crore, for which penalty is being sought, for the financial year 2011-12. The surprising thing is that at that time ravi Gupta was working in a BPO in indore on a monthly salary of just Rs.7,000.To be continued in part 2...