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Income Tax Department Issues Notices To Car Dealers

Income Tax Department Issues Notices To Car Dealers

Wednesday, December 28, 2016, 10:33 AM

Income Tax Department has issued a notice to car dealers across India, asking them to provide details of customers, who have bought cars post demonetization, along with the bank account details and statements. The Government suspects old notes, have been used to buy cars. Customers who have bought cars after November 8th, will be under the scrutiny of the tax department.
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