SEARCHED FOR:TAX EVASION
I-T dept unearths tax evasion and unexplained investments amounting to Rs 50 cr in J-K
The operation conducted on a prominent hotelier led to seizure of incriminating documents showing unexplained investments in immovable properties, construction of hotels and residences aggregating to Rs 25 crore in the last six financial years. Unpaid taxes since assessment year 2014-15 and investments in cash outside known sources of income have also come to fore.
Israeli court sentences top model Bar Refaeli to nine months of community service for tax evasion
Israeli court ruled that Refaeli's relation...
Trump went even further than other uber-rich to shrink taxes
The Times reviewed Trump's tax returns for 2000 through 2017, so its report didn...
Over 3.8 lakh firms struck off under companies law in three years: Govt
The Special Task Force set up by the government to look into the issue of shell companies has recommended the use of certain red flag indicators as alerts for identification of shell companies. The government has undertaken a special drive for identification and then to strike off shell companies.
Directorate General of GST Intelligence detects Rs 72 crore tax evasion
Acting on specific intelligence searches were conducted at various places in Kota and Nagaur on July 17, 2020 including the factory, trading firms, godowns, secret offices and residences of beneficiaries, the ministry of finance said in a statement Wednesday.
I-T raids in Delhi, Jaipur in tax evasion case against Rajasthan group
At least 80 tax sleuths apart from police officials are part of the action. Officials said the department initiated action on the basis of inputs of huge cash transactions taking place.
DGCI detects evasion of GST worth over Rs 108 cr by 2 liquor manufacturers in Maharashtra
The DGGI Nagpur zonal unit, in a statement issued on Friday, said that tax evasion came to light following searches conducted on July 28 and 29 at the two liquor manufacturing units.
GST intelligence detects over Rs 17 cr tax evasion by cement manufacturer in MP
"Searches have indicated that substantial quantities of cement and clinker have been supplied clandestinely without payment of Goods & Service Tax (GST) in the states of MP and UP," the statement issued by the Directorate General of GST Intelligence (DGGI), Bhopal zonal unit.
Model Bar Refaeli convicted of tax evasion, to serve nine months of community service
The model will pay a $1.5 mn fine on top of millions of back taxes owed to the state.
India made all-time high requests to foreign agencies in 2018-19 for info on tax evasion, money laundering
The Financial Intelligence Unit (FIU) sent 289 legal requests as compared to 177 in 2017-18 and 138 in 2016-17. The comparative data for requests sent to foreign FIUs seeking cooperation in criminal tax evasion and money laundering cases during 2015-16 was 140, 55 during 2014-15 and 82 in 2013-14, the latest FIU report said.
GST intelligence detects Rs 225 crore tax evasion, busts illicit pan masala manufacturers in Indore
The total duty implication in this fraud is estimated to be around Rs 400 crore, the statement issued by the DGGI said.
GST intelligence officers arrest SOM Distilleries promoters in alleged tax evasion case
"During the search operation, it was gathered that during the COVID-induced lockdown SDPL had also manufactured alcohol-based hand sanitizers which may have been removed clandestinely without payment of Goods and Service Tax (GST) at the rate of 18 per cent," a statement said.
GST intelligence wing uncovers tax evasion by sanitiser makers, sounds all-India alert
The Director-General of GST Intelligence (DGGI) sourced information from online platforms such as Amazon, Flipkart, Snapdeal and PayTM and has circulated a list of 62 sellers after finding that manufacturers had paid 12% GST instead of 18%.
GST investigation arm unearths Rs 40 cr tax evasion by pan masala/gutkha mfg unit
The GST investigation arm DGGI unearthed Rs 40 crore tax evasion by an unregistered pan masala/gutkha manufacturing unit in the national capital.
HC junks Karti Chidambaram's plea against transfer of tax evasion case to special court
Madras High Court dismissed a petition by Congress MP Karti P Chidambaram and his wife challenging the transfer of a tax evasion case filed against them. The judge in his final orders said the prosecution was by way of criminal complaints other than that of a police report.