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CBDT asks the Taxpayers to furnish a Statement for Transaction exceeding 2 Lakh rupees
The Central Board of Direct Taxes (CBDT) on Thursday clarified that, every tax payer shall furnish a statement forCash Transactions exceeding 2 lakh...



![CBDT issues instructions on IDS: Fair Market Value shall be adopted to determine the Cost of Capital Asset acquired out of Undisclosed Income [Read Instructions] CBDT issues instructions on IDS: Fair Market Value shall be adopted to determine the Cost of Capital Asset acquired out of Undisclosed Income [Read Instructions]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg)


