The Assembly elections in Himachal Pradesh is scheduled to be held in a single phase on 12 November and counting of votes will take place on 8 December.
October 17, 2022Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher than the gross collection for the corresponding period of last year. Direct tax collection, net of refunds, stood at Rs 7.45 lakh crore, which is 16.3 per cent higher than the net collection for the corresponding period of last year. This collection is 52.46 per cent of the total budget estimates of Direct Taxes for 2022-23.
October 9, 2022Currently, political parties are required to disclose all donations above Rs 20,000 through their contribution report that is submitted to the EC.
September 20, 2022It was also found that the group has been involved in profiteering through manipulation of share prices of its listed companies through operators.
August 3, 2022A large number of incriminating pieces of evidence including hard copy documents and digital data have been found & seized during the search.
March 23, 2022Detailed examination of sources of acquisition of the properties and the amounts spent on the lavish interiors of shops and bungalows is under progress.
March 17, 2022Out of 29.8 lakh of the major statutory forms, over 2.65 lakh Form 3CA-3CD and around 24.5 lakh Form 3CB-3CD have been filed in FY 21-22. More than 2.71 lakh other Tax Audit Reports (Form 10B, 29B, 29C, 3CEB, 10CCB, 10 BB) have been filed till 15 February.
February 16, 2022Digital data has also been seized from a specialized software application as well as from other electronic gadgets.
January 10, 2022Nearly 5.89 crore Income Tax Returns (ITRs) have been filed on the new e-filing portal of the Income Tax Department as of 31 December, the extended due date.
January 1, 2022The search operation has also brought out the modus operandi of purchase of the components for manufacturing of mobile handsets.
December 31, 2021The search action covered more than 35 premises spread over Raipur, Korba, Bilaspur and Raigarh districts of Chhattisgarh on December 22.
December 30, 2021These groups are engaged in the business of civil construction and land development.
December 28, 2021The search operation revealed that these undisclosed entities in low tax overseas jurisdictions were holding assets worth Rs 40 crore in the form of immovable and movable assets.
December 7, 2021As per an official release, the search action covered more than 20 premises spread over West Bengal and Odisha.
December 6, 2021The yield of cut and polished stones is suppressed and part of it is sold in cash, generating unaccounted income which is not recorded in the books of accounts.
December 1, 2021According to the Ministry of Finance, the companies were involved in import of electronic goods, digital marketing, solid waste management, and were evading taxes including income tax, custom duty, GST by adopting various modus operandi.
October 18, 2021The evidence revealed that the payments for such under-invoiced goods to the foreign consigners have been made through hawala channels.
October 16, 2021