Income Tax : देश की सबसे बड़ी आयकर छापेमारी कार्यवाही की ओर बढ�...
Income Tax : Discover the intricacies of Income Tax raids and understand the rights of an assessee during the process. Uncover the objectives b...
Income Tax : पिछली 21 दिसंबर 21 को देश में 25 से ज्यादा शहरों और लगभ�...
Income Tax : Understanding the limitations of authorizing an Income Tax Search based on received documents post search, a comprehensive study....
Income Tax : आयकर छापों के पीछे मुख्यतः 5 तरह के लेनदेन: पिछले च�...
Income Tax : In-depth analysis of the Income Tax Department crackdown in Chhattisgarh, uncovering a Rs. 13 crore scam involving a PEP, associat...
Income Tax : Ministry of Finance reveals Income Tax Department's massive search operation exposing a major tax evasion scheme in Mumbai's elect...
Income Tax : In a recent search operation in Odisha, Jharkhand, and West Bengal, Income Tax Department reveals staggering tax evasion of a grou...
Income Tax : Explore Lok Sabha Unstarred Question No. 2486 on Income Tax (IT) raids, prosecutions, and recovered amounts. Detailed analysis of ...
Income Tax : Income Tax Department conducts search & seizure operation in Tamil Nadu and Puducherry, revealing tax evasion, unaccounted funds, ...
Income Tax : In the present case, in September 2007 the search was carried out in the premises of Dr. Yogi Raj Sharma. The document Annexure RJ...
Income Tax : The Income Tax Department has carried out searches at 5 locations in Chennai and Madurai on 4.11.2020 in the case of a Chennai bas...
Income Tax : The Income Tax Department has carried out search and seizure operations on 05.11.2020 in the case of a well-known self-styled evan...
Income Tax : The Income Tax Department has carried out searches on 05/11/2020 in the case of one prominent coal trader of West Bengal having pr...
Income Tax : It is informed that under the Income Tax Act, search and seizure is conducted on the basis of specific and credible information re...
The Income Tax Department conducted Search and Seizure operation on 29.07.2019 on a prominent group involved in Real Estate Development, covering more than 40 premises across Mumbai and Pune. During the course of search operations, the Department unearthed evidences related to receipt of ‘On Money’ on sale of commercial and residential blocks, bogus unsecured loans taken, bogus Long Term Capital Gains and various other sham transactions to evade income aggregating to about Rs.700 crore.
The Income Tax Department conducted search and seizure operations today on a prominent business group based in Srinagar, covering 8 premises in Srinagar and 1 each at Bangalore and Delhi. The assessee group is engaged in the business of transportation, manufacturing of silk yarn, hospitality, retail trading of Kashmir Arts & Crafts etc.
Learn how to handle income tax raids effectively. Understand the steps to take after a raid, including PAN migration and filing income tax returns.
Demystifying Income Tax Search and Seizure during raid. Understand the law and know your rights to ease any fears.
IT Dept searches 1242 groups of assessees, seizing undisclosed assets worth Rs.2,029 Crore. Such assessees admitted undisclosed income of Rs.28,567 Crore.
Based upon credible information of tax evasion and large scale financial irregularities committed by a group based at Chennai and Tiruchirappalli, the Investigation Wing of the Income Tax Department at Chennai has been conducting investigation. As part of such investigation, searches under section 132 and surveys under section 133A of the Income-tax Act, 1961 are being conducted at the residential and business premises of the key functionaries of the group, today i.e., 1st December 2015.
Effective and Stringent Action only in known and big cases of Tax Evasion to Demonstrate to the Large Number of Compliant Tax Payers that the Tax Laws are just and Fair and to Encourage Voluntary Tax Compliance It has been noticed that the certain section of media have referred to the Discussion Paper, circulated during […]
Arjuna: Krishna, Which may be biggest cracker if we correlated with the Income Tax Provision? Krishna: Arjuna, listen gladly, the salesmen in the market sells different types of crackers likewise there are various provisions in various laws. Accordingly in Income tax the biggest cracker is the cracker that explodes in 6 different ways, we call it as ‘Six Shots’ and that cracker is of ‘SEARCH OR RAID’
Uttar Pradesh Income tax department said that any person carrying cash more than Rs 50,000 would have to show ID proof along with documents related to the source of the cash, in view of the Model code of Conduct. “As per the Election Commission guidelines, any person carrying more than Rs 50,000 cash or bullion […]
In the present case, in September 2007 the search was carried out in the premises of Dr. Yogi Raj Sharma. The document Annexure RJ-1 was seized by the respondents. At the relevant time petitioner no. 1 was the Chief Health Secretary and this fact was within the knowledge
