With the current financial year coming to a close soon, the Central Board of Direct Taxes ( CBDT) has asked the Income Tax department to speed up select black money and tax evasion probe cases which require cooperation fromforeign agencies under the existing bilateral treaties. Officials said the CBDT has asked taxman to send it all such cases for exchange of information which are getting ” time barred” by March 31.

Business Standard, New Delhi, 9th Feb. 2016

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