India: Computer Service Sets Target on Wry Onion Dealers in Delhi, MP, Maharashtra | India News

NEW DELHI: The Income Tax Department carried out surveys of traders in Maharashtra Delhi, Delhi, on the basis of information that these traders were engaged in onion prices and cash transactions, generating a generation of unrecorded revenue, said the Minister of Finance Anurag Thakur in Lok Sabha .
"The preliminary results of these transactions revealed that most of these traders engaged in various fraudulent practices, including the elimination of revenue, the holding of unrecorded inventories, the manipulation of books of account, the cash sale, the violation of the provisions relating to the restriction of cash transactions, said Thakur.
He said that the tax department was conducting the appropriate actions in accordance with the law in relevant cases, where credible information was received regarding the violation of the provisions of the Income Tax Law and where the law did not include incident control.
Onion prices exploded in several cities, prompting the government to order an export ban.

This article appeared first (in English) on THE TIMES OF INDIA