Shares Brokers’ Dilemma: How to respond to financial transactions uploaded on Income-tax Portal?

The Ministry of finance has issued a press release dated 18th July 2020 for CBDT to start e-campaign on voluntary compliance of Income Tax for FY 2018-19 from 20th July 2020 and in this process has put a lot of information / data collected by it on the portal of various taxpayers. The following category of transactions in the case of share brokers have been put on their respective portal:-The Ministry of finance has issued a press release dated 18th July 2020 for CBDT to start e-campaign on voluntary compliance of Income Tax for FY 2018-19 from 20th July 2020 and in this process has put a lot of information / data collected by it on the portal of various taxpayers. The following category of transactions in the case of share brokers have been put on their respective portal:-taxmann.com Latest ArticlesRead More

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