August 31, 2018
How banks can deal with the Notice from Tax authorities in India?
How banks can deal with the Notice from Tax authorities in India. Author : Vishal Tinani Owing to increase in money laundering and tax evasion practices, banks are often served with the notices under section 133(6) and section 226(3) of the income tax act, 1961, by the tax authorities. The hon’ble supreme court of India,