Income Tax Department Archives - Page 4 of 8

All accused in collusion with each other, have committed the illegal acts of forgery, cheating and falsifying the books of accounts of the Hero Motocorp, says the FIR

FIR registered against Hero Motocorp CEO Pawan Munjal, others for making...

PGurus Newsdesk - October 9, 2023 0

Delhi police files complaint against Hero MotoCorp chairman Pawan Munjal alleging forgery FIR has been registered by the Delhi Police against Hero Motocorp’s CEO Pawan...

Major crackdown by the Income tax department on tax evasion

Law and Order

I-T major action on tax evasion; raid on premises linked to...

PGurus Newsdesk - October 5, 2023 0

A major action against tax evasion by the IT department, raids underway in Tamil Nadu and Telangana In a massive crackdown, the Income Tax raids...

The revised regulations also maintain the inclusion of five valuation methods initially proposed in the draft rules for assessing funds received from non-resident sources

Laws

Income Tax Department issues new regulations for startup equity valuation

PGurus Newsdesk - September 26, 2023 0

What are the new income tax rules for startup investments? The Income Tax Department has issued new regulations concerning the valuation of equity and compulsorily...

Filing of ITRs peaked on July 31, which was the last date for filing returns for salaried taxpayers

Finance

More than 6 crore ITRs, 16% more than last year filed...

PGurus Newsdesk - August 2, 2023 0

Income tax returns filings touch an all-time high of 67.7 mn, up 16% from last year A total of 6.77 crore income tax returns (ITRs)...

Taxpayers have to file the returns for 2022-23 with the assessment year being 2023-24

Finance

Deadline to file IT returns won’t be extended; Govt urges taxpayers...

PGurus Newsdesk - July 16, 2023 0

ITR: Govt not contemplating extension of July 31 deadline The government has urged taxpayers to file their income tax returns before July 31, 2023, to avoid...

The raids on Shree Cements came after IT Department officials doubted the tax deduction claims of the group

Fraud

I-T raids on Shree Cements expose Rs.23,000 crore tax fraud

PGurus Newsdesk - June 26, 2023 0

IT raids at over 24 locations of Shree Cement on suspicion of tax evasion In the wake of the raids on the Shree Cement Group,...

The IT Department will also be conducting raids in other places attached to Senthil Balaji and his family

Corruption

IT Department continue raids on people associated with TN minister Senthil...

PGurus Newsdesk - June 24, 2023 0

IT Dept, ED work to track Senthil Balaji's money trail For the second consecutive day, the Income Tax Department teams were conducting raids at the...

During the course of the investigation, it has come to the knowledge of the I-T Department that the vloggers have evaded tax payments

Fraud

I-T officials raid residences and offices of 13 prominent Kerala vloggers

PGurus Newsdesk - June 23, 2023 0

Tax officials raid premises linked to top Malayali YouTubers across six districts of Kerala Residences and offices of 13 prominent YouTube vloggers across six districts...

The arrest came after an 18-hour questioning at Senthil Balaji's residence in Chennai

Corruption

ED arrests Tamil Nadu Electricity Minister Senthil Balaji

PGurus Newsdesk - June 14, 2023 0

TN Minister Senthil Balaji fell unconscious after ED arrest, admitted to Chennai hospital After 18 hours of interrogation, the Enforcement Directorate (ED) arrested Tamil Nadu...

V Senthil Balaji and his brother Ashok’s hometown has been raided by the Enforcement Directorate

Corruption

ED raids TN Minister Senthil Balaji’s residence in connection with money...

PGurus Newsdesk - June 13, 2023 0

ED raids at TN electricity minister V Senthil Balaji and his brother On Tuesday the Enforcement Directorate (ED) sleuths conducted raids at the residences of...