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income tax
‘Rs 329 crore unearthed from hidden chambers in dilapidated buildings:’ I-T dept divulges details of seizures made in the historic raid on Congress MP...
The I-T Department revealed that out of the Rs 351 crore seized from premises linked to Congress MP Dhiraj Sahu, Rs 329 crore was recovered from dilapidated buildings in small towns of Odisha
Delhi High Court dismisses China-funded NewsClick’s plea challenging orders passed by Income Tax Dept, demanding stay: Details
ANI -
The Delhi High Court has dismissed the News Portal NewsClick plea challenging the orders dated November 3 and February 20 passed by the Income Tax Department and said it has not been able to make out a prima facie case in its favour.
I-T raids on Dhiraj Sahu enter 6th day, 454 crores cash, 60 kg gold found so far: Report
60 kg gold along with 454 crores of cash found in I-T raids on companies and premises linked to Dhiraj Sahu, says a report in Kanak News.
IT department raids over 30 premises linked to Al Jauhar Trust in tax evasion probe against SP leader Azam Khan
At least 30 properties linked to Al Jauhar Trust has been raided as a part of tax evasion probe against SP leader Azam Khan.
Income Tax raids 10 properties linked to Tamil Nadu minister V Senthil Balaji after his arrest in money laundering case
Senthil Balaji, who served as the transport minister under the previous AIADMK government, was detained on June 14 by the Enforcement Directorate (ED) in connection with a cash-for-jobs scheme.
Income Tax notice issued to Shri Ram Temple in Orchha: Can the deity be subject to income tax? Here is what the law says
Anurag -
The Raja Ram Temple in Orchha got an IT notice for cash deposits of 1.22 cr that were not mentioned in IT returns.
FCRA licence of Centre for Policy Research suspended amidst income tax probe: reports
Notably, the FCRA licence of Oxfam India was revoked in January last year as the trust did not apply for renewal of the licence, as said by the Ministry of Home Affairs back then.
Pune: IT Dept raids 6 locations of businessman Aniruddha Deshpande, a close aide of Sharad Pawar, probes tax evasion
According to the local reports, around eight Income tax official teams have been deployed to conduct raids at the six locations linked to Deshpande in Pune. The IT officials are investigating financial transactions and tax evasion of these companies.
BBC raids: A look into the broadcaster’s long track record of tax avoidance and unscrupulous financial practices in the UK
BBC was accused of engaging in industrial level tax avoidance by employing people through personal service firms instead of direct recruitment
Income Tax Dept survey in BBC office in India enters second day
ANI -
Sources said the above exercise, conducted by the tax authorities, is called "survey", not search or raid as per the provisions of the Income Tax Act. Such surveys are routinely conducted and are not to be confused to be in the nature of a search/raid, said sources.
