Tag: <span>INCOME TAX SEARCH</span>

INCOME TAX

Income Tax Department Conducts Search And Seizure Operations in Haryana

Dhanraj SharmaJanuary 18, 2022January 18, 2022

The Income Tax Department had conducted a search and seizure operations on a diversified business group engaged in the manufacturing of plywood/plyboard, MDF board, inverter and vehicle batteries, and in...

INCOME TAX

Right Of The Assessee To Cross Examine in Income Tax Search And Seizure: An Analysis

MOHIT GUPTAJanuary 10, 2022January 10, 2022

Introduction:- The principles of natural justice forms an integral part of procedural fairness and justness, thereby excluding the scope of arbitrariness. Even though the right of hearing, which forms a...

INCOME TAX

Bank Lockers And Income Tax Search & Seizure: A Study By CA Mohit Gupta

MOHIT GUPTADecember 11, 2021December 11, 2021

Legality of roping in an unconnected third party in the rigors of an Income Tax Search and Seizure action (including bank lockers of such unconnected third parties) Introduction:- The authority...

INCOME TAX

A Study Of Incriminating Material Found During The Course Of Income Tax Search

MOHIT GUPTADecember 7, 2021December 8, 2021

Introduction: Section 153A provides the procedure for completion of assessment in case of a person where a search is initiated under Section 132 or books of account or other documents or...

INCOME TAX

Findings Of Incriminating Material And Undisclosed Income Post Income Tax Search- A Study

MOHIT GUPTANovember 15, 2021November 15, 2021

Introduction: Authority and power to conduct search and seizure operations is strident and caustic power authorized by law to be taken recourse to when the conditions mentioned under different clauses...

INCOME TAX

Must Read: Middle Men Provided End to End Encrypted Services for Tax Evasion But Income Tax Department Unearthed the Same

Dhanraj SharmaOctober 7, 2021October 7, 2021

The Income Tax Department carried out a search operation that commenced on 23.09.2021 on a big syndicate involving certain businessmen/ middlemen of Maharashtra and some persons holding public offices. The...

INCOME TAX

Income Tax Search and Seizure: Irregularity versus an illegal Income Tax Search-An Analysis

MOHIT GUPTASeptember 27, 2021September 27, 2021

Introduction: Section 132 of the Income Tax Act’1961 prescribes that the competent authorities are empowered to permit the authorized officers to enter, search, break open, seize, place marks of identification...

TC VIP

Business Concept’s Daily E-News Letter- 22nd September 2021. Only for TC VIP Users

Dhanraj SharmaSeptember 22, 2021September 22, 2021

Business Concept’s Daily E-News Letter- 22nd September 2021 Please Click on News Heading to Read Full News Note: Only TC VIP Users can Access It For New User- More information,...

INCOME TAX

Sonu Sood’s Charity Foundation Collected Donation But Not Fully Utilized in Relief Works : Income Tax Department

taxconceptSeptember 18, 2021September 18, 2021

Actor Sonu Sood Evaded Over Rs 20 Crore In Taxes: Income Tax Department CBDT, in its official press release after Income Tax search on Sonu Sood's premises, said that: The...

BUSINESS & ECONOMY

ICAI took action in the case of filling fake ITR and making fake documents, Fifty thousand fine imposed on CA

taxconceptJuly 10, 2021July 10, 2021

The Institute of Chartered Accountants of India (ICAI), the regulatory body of chartered accountants, New Delhi has imposed a fine of Rs 50,000 on Suresh Kumar Goklani, CA of Jodhpur....

INCOME TAX

Income Tax Department’s Search & Survey Operations on Real Estate Developers and Traders of Mobile Accessories Reveals 13 Secret Godowns and Many More

Dhanraj SharmaMarch 20, 2021

The Income Tax Department carried out searches on 17.03.2021 in the case of a prominent builder and developer group based in Mumbai. Searches were also conducted in the case of...

INCOME TAX

Income Tax Department Conducts Searches in Tamil Nadu to Ensure Correct Utilisation of Funds for Assembly Elections

ANIMarch 19, 2021March 19, 2021

Seizure of large unaccounted cash will reduce the possibility of its utilisation for electoral purposes and will aid the objective of free and fair poll in the State of Tamil Nadu. Income Tax department has stepped up its monitoring and is closely watching the cash movement during the ensuing assembly elections.

INCOME TAX

Income Tax Department’s Searches in Tamil Nadu Reveals Undisclosed Luxury Vehicles etc. Department Booked Case Under Black Money Act

ANIMarch 17, 2021

The Income Tax Department carried out searches on 11.03.2021 in the case of a group of individuals who are involved in handling huge amount of cash and routing unaccounted money...

BUSINESS & ECONOMY INCOME TAX

Income Tax Raid on Bullion and Jewellery Business Reveals Black Money of Rs. 1000 Crore

taxconceptMarch 8, 2021

The searches, so far, have resulted in the detection of undisclosed income of more than Rs. 1,000 crore. Unaccounted cash of Rs. 1.2 crore has been seized so far.

BUSINESS & ECONOMY INCOME TAX

Income Tax Department Conducts Searches in Hyderabad

Dhanraj SharmaMarch 2, 2021

Income Tax Department Conducts Searches in Hyderabad The Income Tax Department carried out search & seizure operations on 24.02.2021 on a major Pharmaceutical group based out of Hyderabad. This Pharmaceutical...

Tag: INCOME TAX SEARCH

Income Tax Department Conducts Search And Seizure Operations in Haryana

Right Of The Assessee To Cross Examine in Income Tax Search And Seizure: An Analysis

Bank Lockers And Income Tax Search & Seizure: A Study By CA Mohit Gupta

A Study Of Incriminating Material Found During The Course Of Income Tax Search

Findings Of Incriminating Material And Undisclosed Income Post Income Tax Search- A Study

Must Read: Middle Men Provided End to End Encrypted Services for Tax Evasion But Income Tax Department Unearthed the Same

Income Tax Search and Seizure: Irregularity versus an illegal Income Tax Search-An Analysis

Business Concept’s Daily E-News Letter- 22nd September 2021. Only for TC VIP Users

Sonu Sood’s Charity Foundation Collected Donation But Not Fully Utilized in Relief Works : Income Tax Department

ICAI took action in the case of filling fake ITR and making fake documents, Fifty thousand fine imposed on CA

Income Tax Department’s Search & Survey Operations on Real Estate Developers and Traders of Mobile Accessories Reveals 13 Secret Godowns and Many More

Income Tax Department Conducts Searches in Tamil Nadu to Ensure Correct Utilisation of Funds for Assembly Elections

Income Tax Department’s Searches in Tamil Nadu Reveals Undisclosed Luxury Vehicles etc. Department Booked Case Under Black Money Act

Income Tax Raid on Bullion and Jewellery Business Reveals Black Money of Rs. 1000 Crore

Income Tax Department Conducts Searches in Hyderabad

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