IT Raids Carried Out At Kalamandir Shop Directors Properties
The Income Tax (IT) officials conducted multiple raids in Telangana and Andhra Pradesh, two Telugu states, at Kalamandir Shop. The officials conducted raids at Kalamandir shop directors, Sirisha Chinthapalli and Pramod at 6:00 am, and started searches,… read-more
Tags: IT Raids, Andhra Pradesh, Telangana News, Tax Evasion
Courtesy: News9 Live
ED Files Chargesheet Against BBC India Amid Tax Evasion
The Enforcement Directorate (ED) filed a case against BBC Office in India under the Prevention of Money Laundering Act (PMLA.) The chargesheet has been filed of tax evasion and other financial irregularities on the side of the BBC. As per sources, after the recent raid and IT Survey at the BBC, the Income Tax department found lapses and irregularities, leading to a case against the BBC office in India.
Tags: BBC, Indian Politics, Tax Evasion, Income Tax, Enforcement Directorate
IT Finds Tax Payment Irregularities During BBC Survey
After a massive search for four days at the BBC offices in Delhi and Mumbai, the Income Tax (IT) department officials said, they found tax irregularities. On February 17, the IT officials said found, "irregularities on certain tax payments." During the survey, the officials gathered several pieces of tax evasion evidence and seized documents at the offices. They also questioned employees, who stayed at offices and cooperated with the IT… read-more
Tags: BBC Survey, IT Department, Tax Evasion, Irregularities, IT Raids
Courtesy: The Times of India
23-Year-Old Fake Cop Evading Toll Plaza Money Arrested
In a bizarre incident, a 23-year-old man was arrested by Firozabad police for impersonating a cop and extorting money from vehicle drivers. On October 3, the Uttar Pradesh police said, Mukesh Yadav (23) used to evade toll tax off from Yamuna Expressway near Agra. He was caught after police found his age and physical appearance questionable for the position and investigated to find Yadav, a fraud, evading toll plaza money.
Tags: UP Police, Toll Plaza, Tax Evasion, arrested, fake cop
Income Tax Department Conducts Multiple Raids Amid Tax Evasion
The income tax department launched multiple raids as part of a tax evasion probe against registered unrecognised political parties (RUPP) and their alleged dubious funding. Conducted on September 7, the raids were carried out in Gujarat, Delhi, Uttar Pradesh, Maharashtra, Haryana and some other states. The surprise raid was in the view of suggestion of the Election Commission, amid alleged tax evasion by companies.
Tags: Tax Evasion, Income Tax Department, Political Parties, Delhi, Pan India Raids
Shakira Likely To Be Slammed With Lawsuit; Spanish Prosecutors To Seek 8-Year Prison Sentence
Global music star Shakira will most likely face a lawsuit, with Spanish prosecutors likely to seek eight years of imprisonment for her. Reportedly, prosecutors in Barcelona will also demand a fine of 24 million euros from the 45-year-old singer. Shakira has been accused of defrauding the Spanish tax office on income earned between 2012 to 2014. However, a trial… read-more
Tags: Tax Evasion, Shakira, Spain, Spanish prosecutors, Tax Office
Courtesy: Hindustan Times
Two Arrested For Issuing Bogus Invoices To Evade Tax: Maharashtra
In Mumbai, two persons were arrested for allegedly evading GST through fake invoices and fraudulently availing Input Tax Credit (ITC) worth crores. On July 18, the Mumbai Central CGST Commissionerate, said more than 20 fake entities have been used to evade GST through fake invoices of Rs. 585 crores. The arrested allegedly issued bogus bills of around Rs 369 crores, availing ITC worth Rs 34.38 and Rs.40.46 crore.
Tags: Tax Evasion, Mumbai, GST Commissionerate, arrested, Bogus Invoices
IT Dept Conducts Raids At 40 Premises, Detects Tax Evasion Amounting To Rs 400 Cr
The Income Tax department conducted raids at over 40 premises, in a case related to a business engaged in manufacture of Indian Made Foreign Liquor (IMFL), hospitality, entertainment, etc. The raids were conducted in Villupuram, Chennai, Puducherry, Coimbatore and Hyderabad. Following the raids, incriminating documents were seized. It has been revealed that the business was indulged in the offense of tax evasion, amounting to Rs 400 crore.… read-more
Tags: Tamil Nadu, Chennai, IT Dept, IT raid, Tax Evasion
Hero MotoCorp IT Raid: Officials Report Bogus Unaccounted Expenses Worth Crores
In recent IT raids at Hero MotoCorp premises, officials seized unaccounted cash, documents, and other evidence of bogus purchases. As per IT officials, a farmhouse in Chhattarpur worth Rs 100 crore, accommodation entries amounting to Rs 1000 crore were found. Notably, IT searches were carried out at 40 premises of Hero MotoCorp Chairman Pawan Munjal, from March 23-26. Notably, the raids were carried out amid tax evasion allegations.
Tags: Pawan Munjal, Hero MotoCorp, Tax Evasion, Delhi, IT Raids
IT-Raids At Premises Of Hero Motocorp CEO Munjal
The Income Tax officials, carried out searches at the premises owned by officials of Hero Motocorp, in various locations of Gurugram, Haryana. The IT-raids started from March 23 morning, and is underway at residence of the company's senior officials including top promotor and Chairman Pawan Munjal. Besides Munjal, premises linked to other officials of the company are also being searched over allegations of tax evasion, resulting 1.5% stock… read-more
Tags: Hero MotoCorp, Pawan Munjal, IT raid, IT Department, Tax Evasion