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Income tax raids india

WebApr 12, 2024 · The Income Tax (IT) Department said Tuesday its raids on cooperative banks in Karnataka last month showed they indulged in bogus expenditure to the tune of Rs 1,000 crore. The officials also seized unaccounted cash of over Rs 3.3 crore and gold jewellery worth over Rs 2 crore during the search. Web2 days ago · The move comes in the backdrop of the Income-Tax department surveying BBC office premises in Delhi in February. The Central Board of Direct Taxes (CBDT), the …

Raids across India on political parties over tax fraud, funding

WebApr 11, 2024 · On March 31, the IT department searched 16 premises of these banks due to suspicions that they were involved in routing funds of various business entities of their customers to evade tax liabilities. The Income Tax department recently conducted raids on several cooperative banks in Karnataka, leading to the discovery of financial irregularities ... Web2 days ago · A cameraman works outside a building having BBC offices, where income tax officials are conducting a search, in New Delhi, India, February 14, 2024. incoloy 617 https://cancerexercisewellness.org

How to maximise your tax refund: Strategies for smart filing

Web2 days ago · Indian authorities accuse BBC of tax evasion after raids India’s Finance Ministry accused the BBC of tax evasion on Friday, saying that it had not fully declared its income and profits from its ... WebFeb 14, 2024 · BBC I-T Raid LIVE Updates: The Income Tax Department has carried "survey raids" in BBC offices at several locations across the country including Delhi and Mumbai.The raids come close to heels with the documentary released by the British broadcaster on Prime Minister Narendra Modi and the 2002 Gujarat Riots. Web2 days ago · Under Goods and Services Tax (GST) law, e-invoicing for business-to-business (B2B) transactions was made mandatory for companies with turnover of over Rs 500 crore from October 1, 2024, which was then extended to those with turnover of over Rs 100 crore effective January 1, 2024. incoloy 400

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Income tax raids india

New GST rule for these businesses from May 1, 2024

WebApr 11, 2024 · Income Tax raids on Karnataka's cooperative banks unearths ₹1,000 crore scam Vedanta reportedly getting $2 billion from US-based hedge fund amid debt concerns WebJul 25, 2024 · The Dainik Bhaskar Group has denied the allegations and claimed the income tax raids came only after its media coverage during the devastating second wave of Covid-19 in India exposed the government’s lapses. On Thursday, tax officials had initiated a search operation on the Dainik Bhaskar Group.

Income tax raids india

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WebFeb 14, 2024 · The Income Tax Department is reportedly raiding the British Broadcasting Service (BBC) offices in Delhi and Mumbai's Bandra Kurla Complex. The raid at the Delhi … Web2 days ago · Indian authorities accuse BBC of tax evasion after raids India’s Finance Ministry accused the BBC of tax evasion on Friday, saying that it had not fully declared its income …

WebDec 24, 2024 · The raids began on Thursday morning simultaneously in Kanpur, Mumbai and Gujarat and ended late in the night. Cash worth Rs 150 crore was reportedly found during the raids. A Mumbai team led the raid and under its supervision, the team of Income Tax officials of Kanpur also conducted the raids. WebDec 22, 2024 · The Income Tax (I-T) Department said on Tuesday that it had found bogus expenditure claims and hawala transactions during its recent search operation against alleged close aides of Samajwadi Party leader Akhilesh Yadav. The department did not, however, name the people targeted by the raids.

WebAs the Modi government declares a war on black money, the Income Tax department is deploying its arsenal to checkmate tax evaders with multiple raids across ... WebAn income tax raid, technically known as the process of Search and Seizure, is one of the crucial weapons that the Income-tax department possesses to check black money. It is a …

WebIncome Tax Dept Detects Rs 300 Crore Black Income After Raids on Kolkata Groups. I-T Raids Tamil Nadu Education Group; Detects Rs 150-crore Tax Evasion. I-T Dept Raids 3 …

Web2 days ago · Under Section 80C of the Income Tax Act, contributions to a Public Provident Fund (PPF) account are tax-deductible. The minimum investment required is Rs 500, while the annual maximum deduction is Rs 1.5 lakh. The PPF account has a 15-year lock-in duration that may be extended in five-year increments, and it offers a higher interest … incoloy 800 hardnessWebFeb 14, 2024 · These raids are a blatant affront to freedom of expression. The Indian authorities are clearly trying to harass and intimidate the BBC over its critical coverage of the ruling Bharatiya Janata Party. “The overbroad powers of the Income Tax Department are repeatedly being weaponized to silence dissent. Last year, tax officials also raided the ... incense before the throne room in revelationWebSep 8, 2024 · The Income Tax Department conducted searches on Thursday at the Delhi offices of independent think tank Centre for Policy Research and charity organisation … incense block 5eWebSep 7, 2024 · The Income Tax Department on Wednesday raided the offices of the Centre for Policy Research think tank in Delhi, non-governmental organisation Oxfam India and the Independent and Public Spirited ... incense breeding pokemonWebFeb 14, 2024 · BBC Office Raids Latest Update: The Income Tax survey operation began at 11 AM with I-T officials reaching the BBC offices in Delhi and Mumbai. Published: … incoloy 600 tube 3.2mmWebSep 7, 2024 · Tax raids are underway at over 100 premises across India - in Gujarat, Delhi, Uttar Pradesh, Maharashtra, Madhya Pradesh, Chhattisgarh, and Haryana, among other … incoloy 800 plateWebDec 3, 2016 · An Income Tax department raid unearthed a whopping Rs 5.7 crore in cash from the residence of two engineers and two contractors in Bengaluru. The money was all … incoloy 800 mechanical properties