‘Swiggy, Zomato bills also under tax scanner’

Ludhiana: The Taxation Bar Association (TBA), Ludhiana, has cautioned taxpayers to file their Income Tax (IT) returns as per the actual income and expenditure because the IT department now has data of even the minutest transaction. A TBA delegation, led by president Indersain Sharma, made this observation after back to back meetings with the senior most IT officials of Ludhiana and the region.
Giving more information, Sharma said, “Technology has made such advancement today, that even smallest of receipt of money via online apps or small spendings on ordering from food apps like Swiggy and Zomato by a person are automatically under scanner of the taxation authorities, even if they not particularly seeking this info. So, the taxpayers need to be wise and report their actual income and expenditures in their ITR rather than trying to conceal anything as it is not going to help at all. Taxpayers should be very cautious in case of high value transactions and report the exact amount in their ITRs or else they would be at high risk of IT survey”
Sharma also added, “Today a delegation of TBA met Narender Kumar Chand Principal Commissioner Investigation , Tarun Kumar Principal Director Investigation and discussed the matters regarding reporting of Income as per data collected by department. Meeting was held amidst very cordial environment and other matters concerning bar and bench were also discussed in this high level meeting.”
According to Vijay Vohra, vice president of TBA, “Recently, the elections of TBA were held in which the new body led by president Indersain Sharma has been elected. D Pal Bindra has been elected as the general secretary, Sanjay K Dudeja has been elected as secretary, Nitesh Bhardwaj is the new finance Secretary while Jogesh Arora is the new Joint Secretary, Vivek Sharma, Paramjit Singh, Kanwaljit Singh Sethi, Karan Joshi are the executive members of TBA.”