The photo of the new car put on Instagram and the Income Tax Department came into view! Be cautious

Or a person is earning millions in crypto, but does not show anything in the tax return... Now the Income Tax Department will have the right to check these pictures and posts of you and see if your declared income and lifestyle match! And it's not just social media! If a person said to friends on WhatsApp - "Brother today there was a profit of 10 lakh in crypto," and he did not show the crypto investment in the tax return, then this message can also become a proof of tax evasion!

Mar 6, 2025 - 18:04
 0
The photo of the new car put on Instagram and the Income Tax Department came into view! Be cautious

You put a photo of a new car on Instagram... shared a video of a Dubai trip on Facebook... and wrote to friends on WhatsApp - "Today crypto made a strong profit! Till now, all this was only for likes and comments, but now the Income Tax Department will keep an eye on all this! Yes, now your social media, email and digital wallet - everything is going to come on the radar of Income Tax! The Income Tax Department is coming up with a new law that will keep an eye on your every online activity - especially if you tried to hide your income! So can Facebook posts, Instagram stories and WhatsApp chats really catch tax evasion? And will the government now scan your bank account as well as your digital life? Let's get into the details of this story!

So why is the government doing this? In fact, many people in India evade taxes. The government has largely controlled digital payments and banking transactions, but crypto, online income and digital transactions are still not fully monitored. Now the government is going to change the Income Tax Act, 1961 and bring many new provisions through the Income Tax Bill 2025. If a person shows only 5 lakh annual income, but parties in expensive hotels every day on Instagram... A businessman shows a profit of only 10 lakh, but posts a photo of a trip to Dubai and London... Or a person is earning millions in crypto, but does not show anything in the tax return... Now the Income Tax Department will have the right to check these pictures and posts of you and see if your declared income and lifestyle match! And it's not just social media! If a person said to friends on WhatsApp - "Brother today there was a profit of 10 lakh in crypto," and he did not show the crypto investment in the tax return, then this message can also become a proof of tax evasion!

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow