The agency has booked nine people, including I-T deputy commissioner Vijayendran R and two department inspectors, apart from a number of chartered accountants.
Saurabh Sharma is on the run, and facing criminal proceedings by the state’s Lokayukta, I-T dept & ED over charges of amassing assets hugely disproportionate to his legal income.
The Punjab & Haryana High Court called the physical withholding of the jewellery belonging to Dillano Luxurious Jewels by the tax authorities "wholly unwarranted".
The I-T dept Thursday released time-series data on direct tax collections between 2000-01 & 2023-24, showing an increasing reliance on direct taxes versus indirect taxes.
Congress had filed 3 writ petitions challenging Income Tax dept claim that material on record is sufficient to show ‘escaped’ income of party is upwards of Rs 520 crore.
Earlier Friday, Congress leader Ajay Maken claimed I-T dept had served recovery notice of Rs 210 cr & frozen party's accounts, making it difficult to pay staff salaries & electricity bills.
IT dept says operation covered 30+ premises across 10 districts in Odisha, Jharkhand & West Bengal, adding that one member of family that owns business is 'politically exposed'.
An income tax department operation under way for a week and counting has been in the news for seizures described as being34weds among the highest ever.
Many 'independent' reports, intended to shape policies, are sponsored by industry groups or entities with deep pockets and vested interests. This process must become transparent.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
So this is how the BJP accumulates wealth. Now wonder it is by far the richest Indian political party. At this rate, it might become the richest political party in the world as well.
So this is how the BJP accumulates wealth. Now wonder it is by far the richest Indian political party. At this rate, it might become the richest political party in the world as well.