If you believe that the income tax authorities spy on social media posts to check your undisclosed income, watch them travel abroad and watch expensive shopping photos, then this is a misconception. This is the statement of the Central Board of Direct Taxes (CBDT) Chairman PC Modi. CBDT is the top body for policies for the Income Tax Department.
During an interview, Modi said that the tax department does not need to adopt such modes, because the department has data from large agencies coming from different agencies and has a strong arrangement for analyzing the data. Because of this, he gets the source and place information of such a transaction.
He said this in response to a question related to this. He was asked whether tax officials or income tax departments monitor people’s Facebook, Twitter, Instagram or other social media handles so that they can track the confidential information related to their income or the modes of their expenditure.
Many media reports have said that the income tax authorities monitor the photos showing people’s expensive foreign travel or expensive trains on social media and see whether these people are paying their taxes or not. In this, Modi said, ‘This is a misconception. What do we need to go there (social media forums)? “