Income tax raid on ncc

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August undefined, 2024

WebNov 15, 2024 · The Income Tax Department has detected a whopping ₹ 600 crore black money after raids on two business groups in Gurugram. The department carried out search and seizure operations on 10 November ... WebAug 3, 2024 · The Income-tax department has detected black income of more than Rs 150 crore after it raided several business groups who run hospitals in Haryana and Delhi-NCR, the CBDT said Wednesday. ... Income Tax Department raids Hero Motorcorp premises. BIG ACTION! 30 premises, 3 states! Income Tax conducts searches on Kanpur-based pan …

Income Tax Raid, Search and Seizure – What, When, How

WebJun 11, 2024 · Raid Under Income Tax Act, 1961. CA. Atul Khurana. In this article, you will get insights on Raids conducted by Income Tax Department. In India, Raid is a deadly situation for any assessee/person as it leads to lawful possession of all his assets, property, money etc. by Income Tax Authorities when he fails to produce the sufficient reason for ... images of music therapy

Income Tax Raid: Purpose and Duties of Income Tax Raid in India

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. WebApr 1, 2024 · The income tax department has collected evidences that revealed that Hero MotoCorp has booked bogus purchases, made huge unaccounted cash expenditures and obtained accommodation entries, aggregating to the tune of more than Rs 1,000 crore. The department has also found over Rs 100-crore cash transactions for a farmhouse in … WebOct 6, 2010 · HYDERABAD: In a major setback for Hyderabad-based infrastructure major Nagarjuna Construction Company ( NCC) group, Income Tax (I-T) sleuths swooped on 45 … list of ark cheat commands

Income Tax raid- What to do? - taxguru.in

Income Tax raid: I-T dept detects Rs 450-crore black money after …

WebNov 15, 2024 · Hyderabad: The income Tax department, on Monday, conducted searches on NCC and PSK Infrastructures and Projects to check for any tax evasion. Sources said that the Income Tax department had conducted searches on the offices and residences of the … WebKnow more about income tax search and seizure in India. ✓ Reasons for Income Tax Raids ✓ Tips to prevent from Income Tax Raid ✓ Procedures. images of mustangs carsWebSep 7, 2024 · Our Income Tax law allows all persons to self-assess their income and pay taxes. However, to protect the revenue base, unearth concealed income and to act as a deterrent, tax authorities have been vested with powers to conduct surveys and searches (commonly referred to as ‘raids’). These raids are made the basis of information available … list of ark dino spawn codes

"WebIncome Tax Raids at Fintech Firm; ₹ 500-Crore Illegally Sent Abroad DVAC Raids 28 Premises Linked to Ex-AIADMK Minister KC Veeramani Income Tax Search vs Survey: Is … " - Income tax raid on ncc

Income tax raid on ncc

DNA Explainer: What are Income Tax raids, who orders them and how do

WebApr 16, 2024 · The CBI had registered a case against Shivakumar for allegedly amassing disproportionate assets worth Rs 74.93 crore. In searches, the CBI recovered Rs 57 lakh … WebApr 6, 2024 · In the case of an estate or trust, the NIIT is 3.8 percent on the lesser of: the undistributed net investment income, or. the excess (if any) of: the adjusted gross income …

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WebJul 7, 2024 · The Income Tax Department sleuths on Wednesday conducted searches at several premises of the Bengaluru-based Micro Labs Ltd, the pharmaceutical company which manufactures Dolo-650 tablet. The I-T Department searches pertain to financial documents, balance sheets and business distributor networks of the company, reported … WebAug 17, 2024 · The Income Tax Department has conducted raids at the premises of a company engaged in trading of telecom equipment as the CBDT claimed on Tuesday that …

WebFeb 4, 2024 · In fact, on January 4, the Income Tax Department conducted raids at the properties of real estate company ACE Group and its promoter Ajay Chaudhary in Delhi, Noida, Greater Noida and Agra. According to the reports, Chaudhary is said to be a close aide of Samajwadi Party President Akhilesh Yadav. WebNov 24, 2024 · By Tanseem Haider: The Income Tax Department has detected an undisclosed income to the tune of about Rs 400 crore after it carried out a search and …

WebSep 25, 2024 · Undisclosed Income Worth Rs 300 Crore Found During Tax Raids At 2 Chennai Firms The search operation was carried out at 35 premises located in Chennai, … WebSep 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 ...

WebDec 26, 2024 · Officials said Piyush Jain was taken into custody by the GST Intellegence unit in Kanpur on Sunday. The Income Tax (IT) department, along with CBIC and GST Intellegence unit, raided the premises owned by Piyush Jain in Kanpur, Kannauj, and Mumbai on Thursday. advertisement. READ: Rs 150 crore cash seized in raid for over 24 hours at …

WebMar 30, 2024 · The company said officials from the Income Tax department visited its offices in the previous week, and it has provided all support and cooperation, necessary … list of arkansas counties and citiesWebAnswer (1 of 4): 1. If one (person/entity) makes highly-valued transactions [without having any considerable source of income (as seen in previous IT returns) as compared to those transactions]. That's why folks who are not interested in paying income tax often are hesitant to quote their PAN no.... list of arkansas razorback quarterbacksWebMoney portal. v. t. e. The Income Tax Department (also referred to as IT Department or ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT). images of mustard greensWebFeb 23, 2024 · Uflex Income Tax Raid News: Income Tax department sleuths on Thursday continued their raids for the third straight day at more than 70 locations of packaging company Uflex across the country.A total of 32 locations of the Group are being raided in Noida alone. According to a report by IANS, officials have so far recovered Rs 1.50 crore … list of arkansas prosecuting attorneysWebNov 23, 2011 · MUMBAI, OCTOBER 06: Shares of Nagarjuna Construction fell 2% in late trade Wednesday on reports Income Tax department has conducted raids in the company's … list of ark creaturesWebThe purpose of an income tax raid is to seize and curb illegal wealth/black money. Black money or unaccounted money refers to illegal income on which taxes have not been paid. It also includes income hoarded illegally or concealed from tax authorities. Therefore, it is important that one does not accumulate any amount of black money. list of ark stocksWebSep 8, 2024 · Income Tax raids have exposed hundreds of crores being received by political parties operating from shops, slums and flats across the country. The Income Tax … images of mutt lange