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Crorepati brokers face I-T scrutiny : CBDT
Monday, August 13, 2007 economictimes.indiatimes.com
(
Finance
)
According to a new directive issued by the Central Board of Direct Taxes (CBDT), stock and commodity brokerages with earnings of Rs 1 crore or more a year will be compulsorily scrutinised by the Income-Tax Department.This decision has been taken taken in the backdrop of a market that has been growing incessantly for the past three years, as tax authorities feel that only a part of the gains made i
Tags :
Brokerages
Income-Tax
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