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From April 1, I-T dept to check taxpayer's profiles under Project Insight

I-T dept has created various functionalities under the portal, which will provide the 360-degree profile of taxpayers, including new and non-filers to gauge their accountability and tax liability

tax evaders
Illustration by Ajay Mohanty

From April 1, the Income-Tax (I-T) department will keep a check on taxpayers’ comprehensive profile, including transactions, relationships, social networking and all other related information under its much-awaited Project Insight, slated to be fully operational from the beginning of the next financial year.  According to sources, the Income-Tax department has created various functionalities under the portal, which will provide the 360-degree profile of taxpayers, including new and non-filers to gauge their accountability and tax liability. The tax department had on March ...