It's difficult to escape the taxman

Your investments, spends and big purchases are being tracked more closely now

With sophisticated technology now at their disposal, tax authorities are trying to be one step ahead of evaders. The income tax (I-T) department always had information at their disposal, using which they sent out notices to taxpayers. But, most of these were looked at in silos. They are now using technology like big data analytics to combine all the information and get a 360-degree income profile.
 
Earlier, if you purchased a house that didn’t match the returns filed, they would call for you to explain how you funded it. All you had to do then was show the assessing