TAX EVASION

I-T department in hunt for small evaders as deadline looms

Suddenly, there has been a surge in reopening of returns of small-time tax evaders, with income tax authorities deploying investigation uni...

Income tax dept launches portal for online filing of info about tax evasion, benami properties

The facility allows for the filing of complaints by persons who are existing PAN/Aadhaar holders as well as for persons having no PAN /Aadh...

No tax evasion, we've answered with documentary evidence: Robert Vadra

Almost 23,000 documents were taken away from my office. There is no tax evasion, we've answered the same question 10 times with documentary...

I-T department searches Zee group, L&T India offices

The action on the two firms follows information shared by DGGI on alleged Goods and Services Tax (GST) evasion with the tax department, a s...

GST officials detect over Rs 830 cr tax evasion by Delhi-based pan-masala manufacturing unit

The firm was evading the payment of Goods and Services Tax (GST) by manufacturing and clandestinely supplying gutkha/pan masala/tobacco pro...

I-T dept detects black income of Rs 100 crore after raids on contractors in Assam

The three groups have suppressed their net profits across the years and routed back into business the unaccounted income through entry oper...

View: Arrests for alleged tax evasion isn't a joke, time taxman gets a new textbook

Given the fact that arrest under tax laws has become a fairly regular affair, it is necessary that GoI comes out with detailed guidelines o...

I-T Dept detects over Rs 700-crore tax evasion after raids against Chennai's Chettinad Group

The Income Tax Department has detected tax evasion of more than Rs 700 crore after it recently raided multiple locations of Chennai-based C...

GST officers arrest one for Rs 129 crore tax evasion through illegal manufacture, supply of cigarettes

Investigation conducted across Delhi and Haryana revealed that Sharma manufactured and supplied cigarettes under his registered brands 'Nid...

GST Intelligence Unit arrests Haryana resident for Rs 129 crores tax evasion

Finance Ministry said that the arrested accused is involved in manufacturing and supplying illegally manufactured cigarettes.

Beginning of a global tax war? UK starts scrutinising multinationals for tax evasion

This is set to create a tug of war between tax authorities of large economies such as the US, China, UK, India and other European countries...

SC notice to IT Dept on appeals by Karti Chidambaram, his wife in tax evasion case

The high court had dismissed the petitions filed by Karti and his wife to quash two criminal complaints under the Income Tax Act and the pr...

India gets 2nd set of Swiss bank account details under automatic info exchange framework

India had received the first set of details from Switzerland in September 2019 under AEOI (Automatic Exchange of Information), when it invo...

Software company founder John McAfee charged with tax evasion

A June indictment charging McAfee with tax evasion and willful failure to file tax returns was unsealed in federal court in Memphis on Mond...

Edit: Tax evasion won't hurt Donald Trump much in presidential election

For the populist crowd that supports Trump, these revelations will matter little. They might even see it as vindication of his business sav...

I-T dept unearths tax evasion and unexplained investments amounting to Rs 50 cr in J-K

The operation conducted on a prominent hotelier led to seizure of incriminating documents showing unexplained investments in immovable prop...

Directorate General of GST Intelligence detects Rs 72 crore tax evasion

Acting on specific intelligence searches were conducted at various places in Kota and Nagaur on July 17, 2020 including the factory, tradin...