https://www.taxtmi.com/news?id=3242 Information received under DTAAs and TIEAs is verified under Direct Tax laws to detect undisclosed foreign remittances and holdings; upon concealment the Income Tax Department levies penalties, may initiate prosecution, and employs compliance measures including scrutiny, surveys and search and seizure to bring undisclosed amounts to taxation. en-us Tue, 08 May 2012 18:41:05 +0530 Tue, 08 May 2012 18:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3242 Information received under DTAAs and TIEAs is verified under Direct Tax laws to detect undisclosed foreign remittances and holdings; upon concealment the Income Tax Department levies penalties, may initiate prosecution, and employs compliance measures including scrutiny, surveys and search and seizure to bring undisclosed amounts to taxation. News - Tue, 08 May 2012 18:41:05 +0530 https://www.taxtmi.com/news?id=3242