IT Dept To Monitor Large Cash Payments At Hotels, Hospitals, Brand Stores; CBDT Asks ‘Non-intrusive’ Approach – News18
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a “non-intrusive” manner, the CBDT has recently asked the Income Tax Department. The apex body for direct tax administration in the country — the Central Board of Direct Taxes — has also asked the tax…