Dawood Ibrahim is wanted in India to face the law of the land for carrying out serial blasts in Mumbai in 1993 in which scores of people were killed and injured.
The SIT on black money has widened its probe.
It has conducted searches against four bureaucrats based in Uttar Pradesh and Uttarakhand over the last three days.
The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
The apex court also put forth questions why loans were given to Mallya when he was a defaulter.
The Central Bureau of Investigation on Monday told a court that financial transaction was the motive behind Sheena Bora's murder and that her step-father Peter Mukerjea, a former media magnate and one of the four accused, had knowledge of some incriminating documents.
Yes, if you are planning to apply for a loan or want to claim refund
The central probe agency has also issued a notice asking general public 'to furnish information and particulars of properties, both movable and immovable as well as bank accounts, in the state of West Bengal and other places, if any, related to Saradha group known to them, with specific details' to it.
Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms
When an NRI returns to India, he should be aware of his tax residency status.
The agency has so far seized diamonds, gold jewellery and other precious stones worth Rs 5,716 crore in the case and summoned Modi and Choksi, the promoter of Gitanjali Gems, to appear before it on February 23 at its Mubai zonal office.
'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.
The government on Thursday clarified that black money declarants using the one-time compliance window cannot pay tax and penalty from undisclosed income to bring down their liability.
Some of the defaulters have not paid up amounts as small as Rs 15,000, while the majority of individual penalties are worth a few lakhs of rupees and a few others amounting to a few crores of rupees.
A total of 64,275 declarations were made under the scheme, an average of Rs 1 crore per disclosure. This is expected to translate into tax collection of about Rs 30,000 crore from the scheme, of which the government exchequer should get around Rs 15,000 crore by the end of 2016-17.
Banks are seeking an order that Mallya should appear in person before the court.
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On Wednesday, RBI reduced the cap on individual remittances abroad from $200,000 (about Rs 1.2 crore) to $75,000 (Rs 45 lakh) and also barred individuals from using funds under the scheme to buy immovable properties abroad.
Many claim they fear witch hunts for disagreeing with those in power.
Conversion of outstandings into equity even partially should be a strict no-no says Chatered Accountant S Murlidharan
Analysts say there is still no visibility of earnings improvement.
With digital technology, the I-T department's ability to catch tax evaders has increased many times.
Gajendra Chauhan is just one the many troubles that ail the national film institute. But all may not be lost yet.
A will is important not only to divide the assets but to close the succession loop.
The department gets data of high-value transactions under the Annual Information Return.
All India Anna Dravida Munnetra Kazhagam chief J Jayalalithaa could not "satisfactorily account" for immovable properties and pecuniary resources of the value of Rs 53.6 crore when she was the Chief Minister from 1991 to 1996, the Special Court that sentenced her to four years in jail has held.
Amid the raging row over National Herald case, the Congress on Sunday asserted that the allegations and "insinuations" against party leaders Sonia Gandhi and Rahul Gandhi are "deliberately orchestrated", "patently false" and "defamatory" as they have "not received a rupee".
The Enforcement Directorate on Friday slapped a money laundering case against former Indian Air Force chief SP Tyagi and 20 others in the Rs 3,600-crore AgustaWestland VVIP chopper deal to probe alleged kickbacks of Rs.360 crore.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
The Supreme Court put an end to the investigation monitored by it against former Mumbai Congress chief Kripashankar Singh and his family members for allegedly amassing disproportionate assets and left it to the trial court to consider supplying final report to activists on whose public interest litigation the probe was ordered.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
Could this reluctance be tied to the family's projection of themselves as the last bastion of the aam-aadmi's interests? Do they fear that a full disclosure of their not-inconsiderable assets would go against their carefully-cultivated pro-poor image, wonders Saisuresh Sivaswamy.
Based on your star signs, we try to tell you what career would be best suited for you.
In a maiden initiative, the Election Commission has introduced e-filing of affidavits by candidates for the forthcoming Lok Sabha and assembly polls.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
Rajasthan Chief Minister Vasundhara Raje, who has been facing the opposition's pressure to quit in connection with the 'Lalitgate' may have survived the first salvo, but it remains to be seen how dexterously she manages the show in the coming days, says Prakash Bhandari.
Our income tax department should bring out monthly bulletin as well as annual reports providing insights into the nature of our direct tax segments, points out R Vaidyanathan.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Indian economy about to take-off
ugar mills in UP owe thousands of crores to cane farmers.
