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ru24.net
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Июль
2023

CBDT scanner on transactions at IVF, med colleges providing seats under NRI quota and luxury retailers

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India's Central Board of Direct Taxes (CBDT) has intensified its scrutiny of transactions at IVF clinics, NRI college admissions, luxury goods shops, hotels and banquets, due to evidence of large cash transactions at these places. A rule requiring the reporting of transactions of more than INR200,000 ($2,788) has reportedly been widely ignored, while large amounts of cash transactions remain undocumented.



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