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1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


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<h1>Income Tax Department finds misuse of Jan-Dhan accounts, Rs. 1.64 crore undisclosed deposits uncovered in multiple cities.</h1> Income Tax Department investigations have uncovered misuse of Jan-Dhan accounts across India, revealing undisclosed deposits totaling approximately Rs. 1.64 crore by individuals who have not filed income tax returns due to being below taxable limits. Significant deposits were found in cities including Kolkata, Midnapore, Ara, Kochi, and Varanasi, with Rs. 40 lakh seized from an account in Bihar. The undisclosed income will be taxed under the Income Tax Act, 1961, and further actions may follow based on investigation outcomes. The Central Board of Direct Taxes advises account holders against permitting misuse of their accounts to avoid liability for tax evasion.