Income tax riding
This query is : Resolved
08 January 2015
Whether prior intimation to assessee is necessary regarding income tax raid
08 January 2015
what is income tax riding????????????
08 January 2015
Can the department seize the cash and other valuable articles at the time of raid?
08 January 2015
yes in case if no legitimate source is revealed while the raid is done.
08 January 2015
Thank you sir. I would like to know the intimation regarding IT raid to assessee is mandatory?
08 January 2015
the ans is no, you think logically if dept who is going to raid on xyz assessee then if its informed before then such deafulter asseessee shall run away????
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