Bank account violators will face 7 years jail: Income Tax department

[dasara_bullodu]

http://economictimes.indiatimes.com/articleshow/55526047.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Warning people against depositing their unaccounted old currency in someone else's  bank account, the tax department has decided to slap charges under the newly enforced Benami Transactions Act against violators that carries a penalty, prosecution and rigorous jail term of a maximum seven years.

 

In a related development, official sources said that the department has detected over Rs 200 crore in undisclosed income after it conducted over 80 surveys and about 30 searches in cases of suspicious usage of the scrapped currency. About Rs 50 crore has also been seized in these operations since November 8, they said, across various states.

 

[yomama]

Modi music start

[TampaChinnodu]

[BUDDY]

surgical strikes  

[yomama]

5 minutes ago, BUDDY said:

surgical strikes  

 jagan strikes back

[TampaChinnodu]

Real estate assam ee inka.

[Moon_Walker]

Kodukalaki rod digaali lekapothe mana langa corrupt gallu desam ammi paadi dobbuthaaru

[nissan]

34 minutes ago, BUDDY said:

surgical strikes  

tv channel lo kotha kotha economists diguthunnaru kadha

[TampaChinnodu]

11 minutes ago, Moon_Walker said:

Kodukalaki rod digaali lekapothe mana langa corrupt gallu desam ammi paadi dobbuthaaru

Music start naa kodukulaki. Jai modi.

[Chanti_Abbai]

Modi ki 

[tom bhayya]

ee laws anni common man key kadha power lo unnollu palukubadi unnollu okkadanna pattukunnara ippatikanna

[jbourne]

8 minutes ago, tom bhayya said:

ee laws anni common man key kadha power lo unnollu palukubadi unnollu okkadanna pattukunnara ippatikanna

Maharashtra minister pattubaddadu kada money vadi car lo 

[nissan]

12 minutes ago, tom bhayya said:

ee laws anni common man key kadha power lo unnollu palukubadi unnollu okkadanna pattukunnara ippatikanna

chinna chepalu(irrigation dept,road contractor...real estate broker) veele dorikedhi pedda chepalu liquid ni already convert chesi undichu

[Quickgun_murugan]

3 hours ago, yomama said:

Modi music start

Lol

[Quickgun_murugan]

1 minute ago, nissan said:

chinna chepalu(irrigation dept,road contractor...real estate broker) veele dorikedhi pedda chepalu liquid ni already convert chesi undichu