IT dept finds discrepancies in Tamilnadu based bank
The Income-Tax Department has found that a prominent Tamil Nadu-based bank had not filed a Specified Financial Transaction (SFT) in respect of Cash deposits of over Rs.2,700 crore involving more than 10,000 accounts. Apart from this, the department also found discrepancies in specified credit card payments involving total transaction value of over Rs.110 crore; dividend distribution of more than Rs.200… Continue reading "IT dept finds discrepancies in Tamilnadu based bank"