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The tax survey has also thrown up several discrepancies and inconsistencies with regard to transfer pricing documentation, says the I-T authorities

Income Tax authorities say income, profits of BBC not commensurate with operations in India

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The three-day survey found many tax-linked irregularities at BBC, says the I-T dept The income and profits shown by various BBC group entities are "not...
Profit diversion, non-compliance despite repeated reminders the reason for the survey, IT dept says

Weeks after the documentary critical on Prime Minister Narendra Modi, Income Tax Dept conducts...

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I-T authorities survey BBC offices in India amid Modi documentary fallout In an unexpected move, the Income Tax Department on Tuesday conducted survey operations at...
Non-compliance with Transfer Pricing Rules for years cited

Income Tax Dept says BBC office visits are surveys, not raids

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Reasons for tax surveys at BBC offices in India Today, the Income Tax authorities conducted a survey on the BBC premises in Delhi, given the...
NDTV Sweet deal to Roy - Irony dies a thousand deaths – black-and-white evidence of crime goes unpunished – except for the honest officials

Prannoy Roy to get Rs.605 crore from Adani as per Stock Exchange filing. Why...

Sree Iyer - 1
Roys are cleaning up big As per December 30, 2022, Stock Exchange filing, founder Prannoy Roy and wife Radhika Roy sold their 27.26% shares of...
NewsDrum had reported on December 3 about the plans of the founders to sell their stake in NDTV to the Adani Group

Prannoy Roy and wife to sell 27.26% shares in NDTV to Adani. Deal with...

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Adani Group becomes the single-largest shareholder in NDTV as founders sell stake At last NDTV founder, Prannoy Roy cut a good deal with Gautam Adani....
It is certain that Roy will prefer a safe escape from the cases he is facing from the CBI and expected ED cases – apart from the huge tax evasion penalties

NDTV take over: Adani and Prannoy Roy enter into a deal. Safe exit from...

Sree Iyer - 4
Stunning revelation by Gautam Adani Industrialist Gautam Adani and NDTV promoter Prannoy Roy have stuck a deal. In his interview with Financial Times, published on...
PFI and its affiliates maintain a large number of bank accounts and receive money through its well-wishers based in India and abroad

PFI and allied units to face ED, Income Tax cases. Linked political outfits SDPI...

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Banned PFI, and its affiliates to face more cases ahead With the Government of India banning pro-Jihadi organization Popular Front of India (PFI) and its...
The Reliance Group chairperson was served the notice for allegedly evading Rs.420 crore in taxes on undisclosed funds worth more than Rs.814 crore

Rs.420 crore tax evasion. No coercive action till Nov 17 against Anil Ambani, Bombay...

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Bombay HC gives Anil Ambani relief over tax evasion matter The Bombay High Court on Monday directed the Income Tax department not to take any...
What are the options before Prannoy Roy? Nothing, just to sell his 32% shares and buzz off to his bungalow in Cape Town in South Africa

Game over for Prannoy Roy after Income Tax issues clean chit on Mukesh Ambani...

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Did the road end for Prannoy Roy? With Income Tax giving clean chit to Mukesh Ambani linked company to acquire more than 29% of NDTV’s...

Suggestions for ways to reward Income Tax payers

Ganesan Subramanian - 2
Tax Reward Points scheme for tax payers Honest income tax payers expect some benefits from the government, as they are a small percentage of the...
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