Income Tax : A guide to India's block assessment tax provisions from the Finance Act 2024. Understand pending assessments, undisclosed income, ...
Corporate Law : This summary explains 'on money' in real estate, how it's identified during searches, the burden of proof, and key issues in its t...
Income Tax : Compare GST and Income Tax search and seizure processes, highlighting key differences in scope, authority, and taxpayer rights. Le...
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 : The government informed Parliament that taxpayer-specific details of income tax searches cannot be disclosed due to confidentialit...
Income Tax : Income Tax Department's crackdown on fraudulent tax claims reveals misuse of deductions and exemptions under various sections. Lea...
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 : 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...
Onion prices on Friday eased by Rs 5-10 a kg in major metros following raids on traders by income tax (I-T) authorities in several states like UP, Tamil Nadu, Punjab, Haryana and J&K. As the I-T officers were swooping down on big onion traders, cabinet secretary K M Chandrasekhar is believed to have told state chief secretaries through a video conference to put the local taxes like octroi and mandi levies on hold for three months on vegetables.
The income tax (I-T) department today raided wholesale onion dealers across the state in view of sudden spurt in its prices, official sources said here. The raids were conducted in Lucknow, Varanasi, Kanpur, Ghaziabad, Bareilly, Meerut and other
Duty evasion to the tune of more than Rs 1,900 crore was detected today during raids conducted by commercial tax department on gutkha and pan masala units in different parts of Uttar Pradesh, an official here said.
The owners of Patel Engineering Limited, a listed company, admitted to the concealment of income of Rs 200 crore during searches conducted by the income tax (I-T) authorities. The company is mainly into construction of bridges, dams and highways. I-T authorities had searched 25 premises of the company and its owners in Mumbai, Hyderabad, Kolkata, Bangalore and Buldhana last Thursday and Friday.
The Income Tax Department today conducted nation-wide searches at more than 30 premises of steel maker Ispat Industries in connection with alleged tax evasion. The searches were conducted at Mumbai, Nagpur, Delhi, Kolkata and 25 other places of the
The Greater Mohali Area Development Authority (GMADA) came under the scanner of Income Tax (I-T) department on Wednesday. A team of I-T sleuths, headed by Assistant Commissioner Preneet Suri, swooped on the GMADA office at PUDA Bhawan in Sector 62
An inflow of over Rs 7,300 crore into 26 companies, most of them registered at two Delhi addresses, from companies registered in Mauritius and Cyprus has caught the attention of tax slueths. Sensing that this could be a case of “round-tripping” – mo
Income Tax officials on Monday conducted raids at around 60 places in Karnataka, targeting seven ruling BJP MLAs, including ministers G Janardhana Reddy and G Karunakara Reddy. IT raids were conducted at 60 to 65 places, mainly concentrating in Bang
Coimbatore: Income Tax Department sleuths carried out raids at over half-a-dozen establishments including hospitals, specialty treatment centres and diagnostic centres. The raids that began in the forenoon went on till late evening.
The Income Tax Department, Chandigarh, today carried out surveys on as many as 10 premises belonging to five companies. The entities on which surveys were carried out are Silver Oaks Hospital, Mohali, Atop Fasteners, Meltonics Industries Private Ltd,
