copyrightFacebook can get your photos of great holidays on Instagram Income tax notice
Facebook can get your photos of great holidays on Instagram Income tax notice!
|Facebook can get your photos of great holidays on Instagram Income tax notice!|
News & Business
If you have posted photos of your expensive vacation or new SUV on Facebook, Instagram, then you may notice the Income Tax Department notice in the near future! This matter may seem to be very short or far-fetched, but in the opinion of the case experts, it can be true soon.
Go to NDTV.com on the bottom line of Bloomberg's printed article, the government will look at your spreading patterns on social media, such as where you spend, how and how, and what the pattern of spending is. . He will compare this observation with the income and income from the income provided by you in Income Tax Return Filing. You can answer the question if any kind of mismatch is found. Repairing this whole exercise can begin from the next month.
Read also - ITR Filing: File Online, and keep it completely Free
In this article, the article said that in the next month, PM Narendra Modi's government is preparing a pool of virtual information called Project Insight, where other than traditional sources like banks such as social media The information raised about you from the site will also be included. This will benefit the income tax department will not need to directly raid offices and homes.
Read also - These 5 mistakes made in filing ITR, then you can give it
According to Managing Parthon Amit Maheshwari in Ashok Maheshwari and Associates, this article says that tax administrators around the world go one step further and now take the path of analyzing the data. This will also reduce the losses of people because the public interface will not be there and the tax officials will be able to do their job directly. The process of investigation will now be done directly.
Ministry of Finance spokesman DS Malik declined to say anything about the project. The government has said that it has been contracted with L & T Infotech Limited in order to develop a good network and people will be habitually willing to follow the tax laws voluntarily.
L & T Infotech CEO and MD Sanjay Jalna said without a deadline about the deadline, it is a long term project.
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