FICCI FLO Kolkata Hosts Panel Discussion on ‘How to Handle Income Tax Search’

FICCI FLO Kolkata successfully organized an enlightening panel discussion on ‘How to Handle Income Tax Search’, for 150 members featuring distinguished experts who shared strategies and best practices for navigating income tax searches. Moderated by Dipti Khaitan and Shradha Murarka, the panel included:

– Mr. R. S. Upadhaya, former Director of the Investigation Wing and Chief Commissioner of Income Tax, who explained the triggers and enforcement of tax raids.
– Mr. Narayan Jain, income tax advisor and author, who outlined taxpayers’ rights during tax raids.
– Mr. Pramod Dugar, Director at Indian Gem and Jewellery Creation Pvt. Ltd and government-authorized jewellery valuer, who emphasized the importance of documenting jewellery properly.

The discussion highlighted the need for meticulous documentation to ensure compliance and transparency during income tax searches. Attendees left with a profound understanding of their rights and practical tips to navigate potential tax searches effectively.