The income tax department has found it easier to assess tax payers' dues through information collected from employers and particularly from banks. It is evident that the banks are furnishing any requested information to the CIR without informing their client/s.

Does it require a lot of fatigue if a copy of the information sent to the CIR is copied to the client? It would even appear that this ought to be a normal practice as a service to the client.

It is true that the banks send periodical statements to their clients but not in the form the information is passed to the CIR. Since some banks are trying to do away with some paperwork, instead of sending a copy of the information described, they may add the information to what the BOV calls the 24x7 service.

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