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1200 crore undisclosed income seized from Kerela!!

Updated on: 08 Aug, 2023 12:31 PM

Income Tax Department, Kerala seized Rs 1200 crore of undisclosed income in the first half of the year. From a statement issued by Income Tax Department, it came to knowledge that it has information regarding undisclosed immovable assets and deposits in cooperative banks / NBFCs etc and advised such people to take advantage of IDS (Income Disclosure Scheme).

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CA Abhishek Soni
CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.