https://www.taxtmi.com/news?id=16944 The Government has advanced a multi-pronged compliance and enforcement strategy to address black money, including prohibition on large cash receipts, enactment of the Benami Transactions (Prohibition) Amendment Act to enable confiscation and prosecution of benami property, mandatory quoting of PAN for specified high-value transactions, initiation of technology-enabled information mining and intelligence projects, constitution of a Special Investigation Team, and continued use of searches, surveys, assessments, penalties and prosecutions under direct tax laws. en-us Fri, 25 Nov 2016 17:35:45 +0530 Fri, 25 Nov 2016 17:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16944 The Government has advanced a multi-pronged compliance and enforcement strategy to address black money, including prohibition on large cash receipts, enactment of the Benami Transactions (Prohibition) Amendment Act to enable confiscation and prosecution of benami property, mandatory quoting of PAN for specified high-value transactions, initiation of technology-enabled information mining and intelligence projects, constitution of a Special Investigation Team, and continued use of searches, surveys, assessments, penalties and prosecutions under direct tax laws. News - Fri, 25 Nov 2016 17:35:45 +0530 https://www.taxtmi.com/news?id=16944