The Income Tax department has conducted 465 surveys, leading to detection of undisclosed income of Rs 30,444 crore in the 2024-25 fiscal year, Parliament was informed on Tuesday.
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Minister of State for Finance Pankaj Chaudhary in a written reply in the Rajya Sabha said whenever any credible information of ‘direct tax’ evasion comes to its notice, it takes suitable actions, including surveys, search and seizure operations, assessments, to bring to tax, the undisclosed income.
During FY25, a total of 465 surveys were conducted, which led to detection of undisclosed income of Rs 30,444 crore.
Read more at: Business Standard
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