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IT Dept will not seek source of bank deposits: Adhia

News and Press Release - Dated:- 28-11-2016 - New Delhi, Nov 28 (PTI) The tax department will not ask for the source of funds deposited in banks from November 10 - post demonetisation of high value notes, if the entire income is declared and 50 per c .....

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ee weeks after Prime Minister Narendra Modi announced junking high denomination currency notes, Finance Minister Arun Jaitley has introduced a bill to amend the Income Tax law to provide for a 30 per cent tax and a 33 per cent surcharge on such tax p .....

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