Income Tax : The love towards money can lead to problems like demonetarization of currency etc which can further lead to more tax evaders in ou...
Income Tax : To achieve the dream of $5 Trillion Economy by 2024 , Finance Minister present its 1st budget of this Decade with substantial ch...
Income Tax : Tax Authorities around the world are facing the challenge as to determine the policy which will be most effective for long term vo...
Income Tax : Abstract As we all are well aware of the term ‘Tax’ which is defined as a revenue that is levied on the people by the ...
Income Tax : Income-Tax Law Has Been Made More and More Complicated In Every Budget Mr. Modi Govt. in Budget 2017 has made the Income-Tax law m...
Income Tax : Finance Minister exhorted Income Tax officers to be prompt in redressing the grievances of the tax payers and to deal firmly with ...
Income Tax : The disclosure of information respecting assesses under Section 138 does not, in general, prohibit furnishing of information about...
Fema / RBI, Income Tax : The present Government has taken various decisions and steps to curb the menace of black money both within and outside the country...
Corporate Law, Fema / RBI, Income Tax : The Government has not issued any guidelines regarding minimising daily financial transactions in cash to curb money laundering, b...
Custom Duty : In cases of outright smuggling or mis-declaration of baggage, the limits regarding value of offending goods have been revised from...
Goods and Services Tax : Saurabh Jindal & Yashik Jindal Vs Union Of India (Rajasthan High Court) In a significant legal development, the Rajasthan High...
Custom Duty : Explore the detailed analysis of the judgment in Babulal Qazi vs Union of India by Rajasthan High Court. Learn about the legal int...
Goods and Services Tax : Explore the full text of the Rajasthan High Court judgment on Mohammad Shadab Kadris bail application amid GST Act violations. Leg...
Goods and Services Tax : Explore the detailed analysis of the bail granted to Mohammed Ali Akram Khan vs Union of India by Rajasthan High Court. Learn abou...
Service Tax : Mere suppression of facts was not enough and there must be a deliberate and willful attempt on the part of the assessee to evade p...
Government has no plans to bring a new amnesty scheme for tax evaders and wants to amend the Indo-Mauritius tax treaty to curb its abuse by companies, the Rajya Sabha was informed on Tuesday. VDS schemes in the past offered amnesty to people declaring black money and paying tax. But VDS schemes cannot be hugely successful […]
Search and seizure operations by the revenue authorities have forced tax evaders in the national capital to cave in and admit that they owe the government more than Rs 860 crore (Rs 8.6 billion) for the last fiscal. According to an official report of the department, taxmen carried out search, seizure and survey operations in nearly […]
The Department of Sales Tax has issued 1 lakh notices to traders in the last two months for tax evasion. It has also filed 431 FIRs against them for not filing returns. Raids, surveys and business audits have been further intensified. Sources said that hundred of crores of bogus bills and hawala transactions have been unearthed by the department while spreading its dragnet for tax evaders.
