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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 following recommendations in the Fifth Report: Cash transactions : The SIT has felt that large amount of unaccounted wealth is stored and used in form of cash. Having considered the provisions which exist in this regard in various countries and also having .....

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