CBDT Forms Special Cell for Recovery of Rs 1 Lakh Crore Outstanding Demands

I-T demands have been pegged at staggering Rs 1,01,836 crore as per latest data .CAG is already very sensitive to huge arrear of tax . Therefore , the Income Tax Department has started work on tax payers who are “untraceable” or have reported inadequate assets to pay back tax demands. The department has also decided [...]