Motilal Oswal
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Motilal Oswal
Economy

I-T department targets individuals with indirect investments in overseas firms, says report

Updated : February 11, 2019 12:10 PM IST

Officials at the IT department have asked individuals to disclose their indirect ownership in B, C and D along with the investment made in A in their income tax return filings, the report said.
Non-disclosure of such indirect investments could attract a fine of Rs 10 lakh
I-T department targets individuals with indirect investments in overseas firms, says report
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