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I-T dept can't know if realty firms file ITRs regularly: CAG
short by Shruti Maria Mahendar / on 12 Feb 2019,Tuesday
A Comptroller and Auditor General (CAG) report has noticed in audit observations that no mechanism exists with the Income Tax Department to ensure that all registered companies in realty sector have PAN and are filing their Income Tax Returns (ITRs) regularly. Further, the system to ensure compliance of ITR filing by sellers of high-value immovable properties wasn't effective, it added.
short by Shruti Maria Mahendar / 06:32 pm on 12 Feb
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