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Recommendations of SIT on Black Money as Contained in the Fifth SIT Report

News and Press Release - Dated:- 14-7-2016 - The Fifth SIT report has been submitted before the Hon ble Supreme Court by the SIT. An extract of the report has been uploaded on Department of Revenue website www.dor.gov.in. The SIT has made the followi .....

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considered various reports and observations of courts regarding cash transactions the SIT felt that there is a need to put an upper limit to cash transactions. Thus, the SIT has recommended that there should be a total ban on cash transactions above .....

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