
Over 80,000 taxpayers who had deposited significant amounts of cash during the demonetisation period but failed to respond to initial notices sent by the income tax (I-T) department and furnish their tax returns for the financial year 2016-17 will now be subject to a ‘best judgement’ assessment.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://timesofindia.indiatimes.com/business/india-business/i-t-to-assess-over-80000-big-cash-depositors-in-demonetisation-year/articleshow/68295108.cms
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