Property registrations of above â¹30 lakh under I-T scanner
The Income Tax Department is matching "tax profiles" of property registrations of above â¹30 lakh under the Benami Transactions Act. Central Board of Direct Taxes Chairman Sushil Chandra said the I-T department has attached 621 properties till now, including some bank accounts, and the amount involved is about â¹1,800 crore. Chandra said Benami assets cases are being taken "very seriously".