Income Tax notice alert! Senior executives with over Rs 50 lakh salaries under radar for ‘underreporting income’, misusing exemptions
The Income Tax Department has flagged cases involving non-disclosure of overseas assets and foreign income. (AI image) Income Tax Notice alert! The Income Tax Department is cracking down on alleged misreporting of income by senior executives across multinational companies and startups. Several such executives earning over Rs 50 lakh have received tax notices from the…