Assembly elections in Tamil Nadu are centred on chief ministerial candidates of rival parties. When Sasikala cannot contest even a panchayat election for six years after her release, even if she were to have sympathetic backers even among apolitical voters, she does not have any 'transferrable vote-bank' even otherwise for a chief minister candidate of her choice, says N Sathiya Moorthy.
If your case is picked up for random scrutiny, any of the tricks that you or your financial advisor may have used to avoid tax will be easily detected.
Even after filing your income tax return online, your job won't still be over! Here is a six-point checklist for taxpayers to be observed after e-filing of ITR.
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
About 250 income-tax sleuths conducted searches at 20 hospitals in Chennai alone
According to aviation industry sources, around 630 domestic flights of Monday were cancelled due to the Centre's Sunday night announcement that there would be no flights in West Bengal and Andhra Pradesh, and limited operations at major airports such as Mumbai, Chennai and Hyderabad.
The trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.
On a tip-off from intelligence agencies, the Crime Branch team apprehended Ajit Pal Singh and Rajender Singh on Thursday evening, said a senior police officer.
The government said there was no immediate plan to extend the 21-day lockdown period, which entered its sixth day on Monday, while the Indian Army dismissed as "fake" social media posts about a possible emergency declaration next month.
Vodafone pleaded in High Court that IT department had no jurisdiction in the transfer pricing case because the said transaction was not international and did not attract tax.
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
It also issued notice to the Centre and the IT department on Vodafone's plea.
The IT department also questioned the various investments made by his family members in India and countries abroad.
The Income Tax department on Friday moved the Delhi High Court seeking "directions/clarifications" of the December 12 order by which the assets of mobile phone handset maker Nokia in India were defreezed.
In a setback to megastar Amitabh Bachchan, the Supreme Court on Wednesday allowed the Income Tax department to reopen a tax case against him pertaining to his income for the assessment year 2001-02.
The Delhi High Court on Thursday asked the Income Tax (IT) department to take a decision on the offer of Finnish mobile maker Nokia to pay a minimum deposit of Rs 2,250 crore (Rs 22.50 billion) to it towards the tax liability of the company which is nearly Rs 6,500 crore (Rs 65 billion).
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
A case was registered against Burman under the Income Tax Act for the offences relating to concealment of income and tax evasion.
'His portrayal of Income Tax Commissioner Amay Patnaik relies on his firm footing as a man of consequence to pitch itself as a tribute to the IT department's unsung heroes.' 'It's the most I've enjoyed watching Ajay Devgn in a while,' says Sukanya Verma.
Now with the Prime Minister insisting on quick resolution of all pending grievances, it is highly likely that all backlogs of complaints will be resolved very soon.
The Income Tax department has sent a detailed questionnaire to about 50 individuals and entities figuring in the list of those allegedly holding offshore assets in tax havens.
Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases.
In order to cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to "block" Permanent Account Number (PAN) of such entities, get their LPG subsidy cancelled and take measures to ensure that they are not sanctioned loans.
Indore-based textiles firm Neo Corp is the latest in a series of Indian names that have been published in the official gazette of the Swiss govt.
The domestic electronic product manufacturers depend heavily on imports for hardware components like hard drive and displays.
The Enforcement Directorate has questioned Yash Birla, Chairman of Yash Birla Group, in connection with certain overseas financial transactions, officials in the central agency said on Monday.
Accusing the government of spreading misinformation in the National Herald case, the Congress said it was proud to be associated with the newspaper that stood up in pre-independence times against the British for throttling free speech, similar to the present day climate.
Burman did not file the details of foreign account on the ground that he did not have its statements.
The decision was in contravention of the provisions of the master services agreement signed between the company and the Ministry of External Affairs (MEA) on October 13, 2008, says TCS
'For the Hindutva lobby, there is cause for worry.'
'No more than 43 per cent of the people who were asked by Sushma Swaraj to say whom they supported stood by the trolls.' 'As many as 57 per cent do not approve of the minister's traducers,' says Amulya Ganguli.
'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'
These stocks are prone to manipulation and have been earlier reported by probe agencies.
The income tax (IT) department seems to have quietly thrown a spanner in the works on the Securities and Exchange board of India (Sebi)'s two-year-long efforts to implement the Supreme Court order against the two Sahara group firms Sahara India Real Estate Corporation (SIRECL) and Sahara Housing Invest Corporation (SHICL).
The actors have admitted to having assets beyond their known sources of income.
The 58-year-old businessman, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, has been missing since Monday evening from Mangaluru.
Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry
Polling in Vellore was scheduled on April 18.
First cover contains names, documents and information of 18 persons already probed by I-T authorities.
The number of people who file tax returns has also increased by about 65 per cent during this period from 3.31 crore in FY 2013-14 to 5.44 crore in 2017-18 fiscal, the CBDT said in the statement.
The hacker group, which identified itself as 'Pakistan Haxors Crew (PHC)', said, 'nothing deleted or stolen. Just here to deliver my message to Indians'.
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