https://www.taxtmi.com/news?id=19013 Issuance of pre-assessment notices under Section 142(1) targets persons who made substantial post-demonetisation cash deposits and either did not file returns or whose returns and account activity deviate materially from prior behaviour; these notices commence inquiries to obtain explanations and documentation about sources and tax reporting, as part of the broader Operation Clean Money compliance and enforcement programme that couples automated deposit-identification with scrutiny, searches and surveys and contemplates escalation where taxpayers fail to cooperate. en-us Tue, 07 Nov 2017 17:20:35 +0530 Tue, 07 Nov 2017 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19013 Issuance of pre-assessment notices under Section 142(1) targets persons who made substantial post-demonetisation cash deposits and either did not file returns or whose returns and account activity deviate materially from prior behaviour; these notices commence inquiries to obtain explanations and documentation about sources and tax reporting, as part of the broader Operation Clean Money compliance and enforcement programme that couples automated deposit-identification with scrutiny, searches and surveys and contemplates escalation where taxpayers fail to cooperate. News - Tue, 07 Nov 2017 17:20:35 +0530 https://www.taxtmi.com/news?id=19013