{"id":991,"date":"2020-08-23T07:30:19","date_gmt":"2020-08-23T07:30:19","guid":{"rendered":"https:\/\/mail4biz.in\/wp57\/?p=991"},"modified":"2020-08-24T04:05:40","modified_gmt":"2020-08-24T04:05:40","slug":"income-tax-department-will-capture-the-following-data-for-processing-of-income-tax-returns","status":"publish","type":"post","link":"https:\/\/mail4biz.in\/?p=991","title":{"rendered":"Income Tax Department will capture the following data for Processing of Income Tax Returns"},"content":{"rendered":"<p>*Now, Income Tax Department will capture the following data for Processing of Income Tax Returns and issuing Scrutiny Notices:*<\/p>\n<p>\ud83d\udc49 *Education Fees* paid more than Rs. 1,00,000\/- per annum.<\/p>\n<p>\ud83d\udc49 *Power Bill* paid more than Rs. 1,00,000\/- per annum.<\/p>\n<p>\ud83d\udc49 *Property Tax* paid more than Rs. 20,000\/- per annum.<\/p>\n<p>\ud83d\udc49 *Payment to Hotel* more than Rs. 20,000\/-.<\/p>\n<p>\ud83d\udc49 *Purchase of White Goods* such as TV, Refrigerator, Phones more than Rs. 1,00,000\/-. Jewellery, Watches, Marble, Granite, Tiles etc. will also be included in this category. (detailed list will be announced soon).<\/p>\n<p>\ud83d\udc49 *Health Insurance Premium* paid more than Rs. 20,000\/- per annum.<\/p>\n<p>\ud83d\udc49 *Life Insurance Premium* paid more than Rs. 50,000\/- per annum.<\/p>\n<p>\ud83d\udc49 *Domestic Business Class Travel and Foreign Travel*.<\/p>\n<p>\ud83d\udc49 *Lockers Detail* in the Bank.<\/p>\n<p>\ud83d\udc49 Rs. 25,00,000\/- deposited in *Saving Account*.<\/p>\n<p>\ud83d\udc49 Rs. 50,00,000\/- deposited in *Current Account*.<\/p>\n<p>\ud83d\udc49 Rs. 30,00,000\/- Total Credit Transactions in a *Bank Account*.<\/p>\n<p>\ud83d\udc49 All Shares Purchases and Sales including *DMAT Transactions*.<\/p>\n<p>\ud83d\udc49 *Rent Paid* more than Rs. 40,000\/- per month.<\/p>\n ","protected":false},"excerpt":{"rendered":"<p>*Now, Income Tax Department will capture the following data for Processing of Income Tax Returns and issuing Scrutiny Notices:* \ud83d\udc49 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[16],"tags":[38,19,36,37],"_links":{"self":[{"href":"https:\/\/mail4biz.in\/index.php?rest_route=\/wp\/v2\/posts\/991"}],"collection":[{"href":"https:\/\/mail4biz.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mail4biz.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mail4biz.in\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mail4biz.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=991"}],"version-history":[{"count":1,"href":"https:\/\/mail4biz.in\/index.php?rest_route=\/wp\/v2\/posts\/991\/revisions"}],"predecessor-version":[{"id":992,"href":"https:\/\/mail4biz.in\/index.php?rest_route=\/wp\/v2\/posts\/991\/revisions\/992"}],"wp:attachment":[{"href":"https:\/\/mail4biz.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mail4biz.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mail4biz.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}