With sophisticated technology now at their disposal, tax authorities are trying to be one step ahead of evaders. The income tax (I-T) department always had information at their disposal, using which they sent out notices to taxpayers. But, most of these were looked at in silos. They are now using technology like big data analytics to combine all the information and get a 360-degree income profile.
- Shailesh Kumar, Director shares his views on aforementioned story for Business Standard.
- Neha Malhotra, Executive Director shares her views on Now, shed lethargy in filing tax returns, say experts for moneycontrol.com Attached is link to the article