Income Tax Dept sent 1 lakh notices for underreporting, non-filing of returns, says Finance Minister Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman has said that the Income Tax Department has sent about one lakh notices to individuals for non-filing of returns or understating incomes in the past years.
The Minister said the notices were not just thoughtlessly sent and noted she was assured by the Chairman CBDT, Nitin Gupta, that by March 2024, the entire one lakh notices will be cleared. Image Courtesy: Reuters.