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.
Israel sees Iran as an existential threat. But the US, Turkey & Gulf states fear refugee flows or attacks on oil sites. These countries need a stable end-state for the whole region over more strikes.
As per the timeline decided, 5 prototypes of India’s own fifth-generation fighter are set to be rolled out by 2031, with the first by 2028 using the GE 414 engine.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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