Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | Income tax department to use analytics to look for discrepancies in bank accounts -Sachin Dave    </title>
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-The Economic Times

MUMBAI: For the first time, the income-tax department will use big data analytical tools to go through personal bank deposits to segregate black money holders from genuine tax-payers, two people in the know have said.

While the government has..."/>
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-The Economic Times

MUMBAI: For the first time, the income-tax department will use big data analytical tools to go through personal bank deposits to segregate black money holders from genuine tax-payers, two people in the know have said.

While the government has..." />
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                            <div align="justify">-The Economic Times<br /><br /><em>MUMBAI: </em>For the first time, the income-tax department will use big data analytical tools to go through personal bank deposits to segregate black money holders from genuine tax-payers, two people in the know have said.<br /><br />While the government has used big data analytical tools for corporate tax reporting in some cases in the past, this is the first time that it will use analytics on such a large scale to sieve through personal taxes.<br /><br />&ldquo;It&rsquo;s practically impossible for tax officials to go through all the data obtained from banks and compare it with other tax-related data. Analytics is being used to look at discrepancies. This would then be scrutinised by experienced tax officials,&rdquo; a person close to the development said.<br /><br />It is expected that the tax department would collate and compare data from corporate tax and personal tax as well.<br /><br />Big data analytical tools will compare the tax returns of individuals, tax paid by companies owned by some people and other tax-related data with data collected from banks on how much money was deposited by individuals. <br /><br />Please <a href="http://economictimes.indiatimes.com/industry/banking/finance/banking/income-tax-department-to-use-analytics-to-look-for-discrepancies-in-bank-accounts/articleshow/55843344.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst" title="http://economictimes.indiatimes.com/industry/banking/finance/banking/income-tax-department-to-use-analytics-to-look-for-discrepancies-in-bank-accounts/articleshow/55843344.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst">click here</a> to access.</div><div align="justify">&nbsp;</div>                                                           
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                            <div align="justify">-The Economic Times<br /><br /><em>MUMBAI: </em>For the first time, the income-tax department will use big data analytical tools to go through personal bank deposits to segregate black money holders from genuine tax-payers, two people in the know have said.<br /><br />While the government has used big data analytical tools for corporate tax reporting in some cases in the past, this is the first time that it will use analytics on such a large scale to sieve through personal taxes.<br /><br />&ldquo;It&rsquo;s practically impossible for tax officials to go through all the data obtained from banks and compare it with other tax-related data. Analytics is being used to look at discrepancies. This would then be scrutinised by experienced tax officials,&rdquo; a person close to the development said.<br /><br />It is expected that the tax department would collate and compare data from corporate tax and personal tax as well.<br /><br />Big data analytical tools will compare the tax returns of individuals, tax paid by companies owned by some people and other tax-related data with data collected from banks on how much money was deposited by individuals. <br /><br />Please <a href="http://economictimes.indiatimes.com/industry/banking/finance/banking/income-tax-department-to-use-analytics-to-look-for-discrepancies-in-bank-accounts/articleshow/55843344.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst" title="http://economictimes.indiatimes.com/industry/banking/finance/banking/income-tax-department-to-use-analytics-to-look-for-discrepancies-in-bank-accounts/articleshow/55843344.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst">click here</a> to access.</div><div align="justify">&nbsp;</div>                                                           
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    <h1 class="cat-box-title">Income tax department to use analytics to look for discrepancies in bank accounts -Sachin Dave</h1>
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                            <div align="justify">-The Economic Times<br /><br /><em>MUMBAI: </em>For the first time, the income-tax department will use big data analytical tools to go through personal bank deposits to segregate black money holders from genuine tax-payers, two people in the know have said.<br /><br />While the government has used big data analytical tools for corporate tax reporting in some cases in the past, this is the first time that it will use analytics on such a large scale to sieve through personal taxes.<br /><br />&ldquo;It&rsquo;s practically impossible for tax officials to go through all the data obtained from banks and compare it with other tax-related data. Analytics is being used to look at discrepancies. This would then be scrutinised by experienced tax officials,&rdquo; a person close to the development said.<br /><br />It is expected that the tax department would collate and compare data from corporate tax and personal tax as well.<br /><br />Big data analytical tools will compare the tax returns of individuals, tax paid by companies owned by some people and other tax-related data with data collected from banks on how much money was deposited by individuals. <br /><br />Please <a href="http://economictimes.indiatimes.com/industry/banking/finance/banking/income-tax-department-to-use-analytics-to-look-for-discrepancies-in-bank-accounts/articleshow/55843344.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst" title="http://economictimes.indiatimes.com/industry/banking/finance/banking/income-tax-department-to-use-analytics-to-look-for-discrepancies-in-bank-accounts/articleshow/55843344.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst">click here</a> to access.</div><div align="justify">&nbsp;</div>                                                           
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Income tax department to use analytics to look for discrepancies in bank accounts -Sachin Dave

Published on Dec 7, 2016   Modified on Dec 7, 2016

-The Economic Times MUMBAI: For the first time, the income-tax department will use big data analytical tools to go through personal bank deposits to segregate black money holders from genuine tax-payers, two people in the know have said. While the government has used big data analytical tools for corporate tax reporting in some cases in the past, this is the first time that it will use analytics on such a large scale to sieve through personal taxes. “It’s practically impossible for tax officials to go through all the data obtained from banks and compare it with other tax-related data. Analytics is being used to look at discrepancies. This would then be scrutinised by experienced tax officials,” a person close to the development said. It is expected that the tax department would collate and compare data from corporate tax and personal tax as well. Big data analytical tools will compare the tax returns of individuals, tax paid by companies owned by some people and other tax-related data with data collected from banks on how much money was deposited by individuals. Please click here to access.

The Economic Times, 7 December, 2016, http://economictimes.indiatimes.com/industry/banking/finance/banking/income-tax-department-to-use-analytics-to-look-for-discrepancies-in-bank-accounts/articleshow

Tagged with: Tax Evasion data analysis Income Tax Income Tax officials Big Data

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