Taxmen to seek info from black money holders?

NEW DELHI: Tax authorities plan to seek details from various entities against whom there is specific information of having undisclosed assets, as part of the domestic

NEW DELHI: Tax authorities plan to seek details from various entities against whom there is specific information of having undisclosed assets, as part of the domestic black money disclosure scheme. Sources said such a move would act as a deterrent against those holding illicit assets and nudge them to come clean. Such entities will now have the opportunity to participate in Income Disclosure Scheme before it ends on September 30. The tax department is considering sending e-mails to the entities against whom it has information of not disclosing assets that are taxable.

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