Income tax raids india

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August undefined, 2024

WebFeb 14, 2024 · Income Tax Department has conducted a major raid on BJP office in Delhi. This raid has been done at 20 places. In this case, phones of the employees have been confiscated. Congress has... WebSep 7, 2024 · The Income Tax department on Wednesday conducted raids across multiple states in connection with a tax evasion probe against registered unrecognised political parties (RUPP) and their...

Income Tax raids offices of Centre for Policy Research, Oxfam …

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. 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 ... davao city to tacurong

Income Tax raid taking place in India - YouTube

WebThe Central Board of Direct Taxes (CBDT) on Saturday said it detected “fictitious transactions” of ₹2,200 crore after the income tax department carried out multi-city raids on a prominent ... 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 … 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 … davao city tourism office head

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

I-T finds bougus expenditure of Rs 1K cr during raids in Karnataka

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 ... 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 … davao city to tagum city kmWebApr 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 ... black and blue hiking high tops

"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. " - Income tax raids india

Income tax raids india

New GST rule for these businesses from May 1, 2024

WebSep 7, 2024 · In a massive crackdown on political donations, the Income Tax Department carried out raids at over 50 locations across the country on Wednesday. Searches are … WebFeb 22, 2024 · The ITD’s official search operation is referred to as an income tax raid. An income tax raid represents the most successful means of containing and seizing unlawful …

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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 … WebThe 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. …

WebApr 11, 2024 · Income Tax Department. New Delhi: The Income Tax Department on Tuesday said that they recently carried out a search and seizure operation at 16 different locations in a case involving some Cooperative Banks in Karnataka, which led to the recovery of valuable and incriminating documents, and the detection of Rs 1,000 crore bogus expenditure. 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.

WebFeb 15, 2024 · Tax raids at BBC offices in India enter second day Searches in offices in Delhi and Mumbai come weeks after the release of BBC documentary critical of prime minister Narendra Modi Police... WebAug 12, 2024 · Income Tax Raid Jalna: In this raid, assets worth Rs 390 crore including Rs 58 crore cash and Rs 14 crore jewelery have been seized. The IT raided the factories, houses, farm houses and...

WebFeb 23, 2024 · Indian authorities have accused the BBC of tax evasion. India's Income Tax Department said it had found "several discrepancies and inconsistencies" in the records of …

WebSep 8, 2024 · The Income Tax department on Wednesday carried out raids across several states on entities allegedly involved in bogus political donations. Over a thousand … black and blue hopkins inviteWebApr 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 black and blue home decor black and blue hoursWebDec 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 … davao city to tacloban bus fareWebMoney 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). black and blue horseWebFeb 28, 2024 · The number of search and seizure operations as well as survey actions by the Income Tax Department have swelled in recent years black and blue huntingtonWebAs 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 ... davao city total land area