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big story

Decoding Lok Sabha election results 2019: 6 reasons how the verdict became a pro-incumbency vote

272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
Economy

Investors wary of Income Tax department move to seek details of holdings in unlisted companies, says report

Updated : April 19, 2019 10:23 AM IST

The new form released by the tax department has instructed the assesses to provide details of any investment they have made, and directorial positions they hold, in unlisted companies in their tax returns.
While many are exiting the boards to avoid getting entangled in complications experts said that the department can still find out details of all such dealings if they decide to go after any individual, said experts.
Sources within the tax department said that the move comes as it feels that many investors are manipulating balance sheets of unlisted companies to escape taxation.
Investors wary of Income Tax department move to seek details of holdings in unlisted companies, says report
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