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Verification of high value transactions (investments/deposits/expenditure) of persons who
are not assessed to income tax
Press Release No. 402/92/2006MC (03 of 2012), dated 1812012
The Central Board
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What is cbdts special drive for?
The CBDT special drive is for promoting voluntary tax compliance and for clearing out pending tax filings.
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Individuals and businesses who have pending tax filings or who want to promote voluntary tax compliance are required to file CBDT special drive.
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The purpose of CBDT special drive is to encourage taxpayers to voluntarily comply with tax regulations and clear out any pending tax filings.
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The CBDT special drive requires individuals and businesses to report their income, deductions, exemptions, and any other relevant tax information as per the tax regulations.
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