Jewellery shops remain shut for 6th day after alleged reports of tax evasion
PrintListen to this Article
0:00
0:00
Gold and jewellery establishments in the national capital remained shut for the 6th day on Wednesday after the Income Tax Department carried out surveys following reports of alleged profiteering and efforts at tax evasion due after the government's demonetization move.
The government last week demonetized high denomination Rs 500/1000 notes to flush out black money. There were reports however of people rushing to buy gold in a big way, prompting the I-T Department to carry out surveys of some bullion deals.
Most of the jewellery houses have been closed since November 11 in the national capital. #casansaar (PTI)
The government last week demonetized high denomination Rs 500/1000 notes to flush out black money. There were reports however of people rushing to buy gold in a big way, prompting the I-T Department to carry out surveys of some bullion deals.
Most of the jewellery houses have been closed since November 11 in the national capital. #casansaar (PTI)
Category : Income Tax | Comments : 0 | Hits : 457
Also Read -
Income tax Dept. carries out nation-wide verification exercise on Restaurants suppressing turnover
The Income Tax Department has recently conducted a nationwide verification exercise targeting restaurants suspected of under-reporting their actual sales. This action follows an earlier investigation ...
If you earn income other than salary or have multiple income streams, the advance tax deadline falling today—Monday, December 15, 2025—should not be overlooked. Failure to pay advance tax ...
If you earn income other than salary or have multiple income streams, the advance tax deadline falling today—Monday, December 15, 2025—should not be overlooked. Failure to pay advance tax ...
Comments