SC may use powers under Article 142 to examine claim after Suraksha & Lakshdeep — companies that took over JIL's assets & liabilities — said Rs 33,000 cr debt would delay flat delivery.
The sources said the ‘dues’ to be paid to the IT department include penalties and interest due to authorities for discrepancies in the use of an old PAN card by the party.
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'.
International media like the New York Times, The Guardian & human rights bodies criticised the Centre’s move, calling it a ‘thin-skinned response to criticism’ and more.
Tax officers searched the BBC's bureaus in New Delhi & Mumbai for a second day Wednesday, NDTV reported, after BBC aired a documentary critical of PM Modi's role in the 2002 Gujarat riots.
Under the technology-driven faceless schemes, a taxpayer will not be required to visit IT department's office or meet an official for income tax related complaints.
Raids were conducted against Dainik Bhaskar & Bharat Samachar for alleged tax evasion Wednesday. Both organisations have carried reports critical of government's Covid management.
According to govt sources, the group has allegedly floated several paper companies to evade tax by claiming bogus expenses and purchases using shell entities.
Vodafone Idea, formerly known as Vodafone Mobile Services Ltd, had however sought Rs 4,759.07 crore in tax refund for AYs - 2014-15, 2015-16, 2016-17 and 2017-18.
Big jump in number of parties registered in 2018 and 2019, EC official says it is aware of the potential problem but doesn’t have the power to de-register them.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
COMMENTS