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SERVICE TAX EVASION
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
Forget the DOJ. For a Trump pardon, call "Bobby" and other influencersPresident Donald Trump's pardon system has shifted dramatically. Influence now hinges on personal networks and narratives of victimhood, by...
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
Mutual Fund PMS vs direct mutual funds: Why the smarter option may not be the more expensive oneIf you’re considering mutual fund portfolio management services (MF-PMS), ask three questions. First, can the manager show post-fee returns...
Wife’s MBA degree or past employment with MNCs can’t stop her from demanding maintenance, rules HCAn Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...
Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
Indian Bank Q4 profit rises 5% to Rs 2,956 croreIndian Bank announced a 5% increase in net profit for the fourth quarter. The bank saw its operating profit rise and its gross and net non-...
Direct vs indirect taxes: Key differences and how they impact taxpayers and prices in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...
Railways under lens for Rs 300 crore alleged service tax evasionIndian Railway has come under the scanner of revenue authorities for alleged Service Tax evasion of about Rs 300 crore on a few services of...
MakeMyTrip under DGCEI scanner for Rs 75 crore alleged tax evasionFollowing the probe, one of the company's senior executives was arrested by the DGCEI officials and released on bail last week, they said.
No finding received on Rs 30cr service tax evasion charge: DLFIndia's largest realty firm DLF today said it has not received any findings from authorities on alleged service tax evasion of about Rs 30 ...
Government plans new return to plug excise, service tax evasionGovernment to chalk out annual tax return that will include information from income tax audit report, including TDS and income tax returns,...
About Rs 600 cr service tax evasion detected by Finance MinistryFinance Ministry has detected service tax evasion of about Rs 600 crore between January and July this year.
Finance Ministry mulls new intel wing to check service tax evasionGovernment is mulling to create a separate intelligence unit to check the menace of tax evasion and stop leakage of revenue.
- Service tax evasion of Rs 9,800-cr detected in April-December '12
"Of the Rs 9,800-crore, about Rs 2,000 crore have been recovered," Lipika Majumdar Roy Choudhury, member, service tax, CBEC, the apex indir...
- Notice sent to Ramdev for alleged service tax evasion
A demand notice has been sent by authorities to trusts run by Ramdev for alleged service tax evasion on about Rs one crore received from a ...
Excise duty, service tax evasion of over Rs 13,600 crore detectedRevenue department detected central excise and service tax evasion of over Rs 13,620 crore in the 11-month period till February of 2011-12 ...
- Service tax evasion up three-fold to Rs 1651 cr in FY12 so far
India's service tax evasion has jumped by a mammoth 200 per cent in the first quarter of the current fiscal.
- CBEC to inquiry into service tax evasion by Jetlite
The revenue department has initiated an investigation into the alleged service tax evasion by low-cost airline Jetlite India and has summon...
- Rev loss due to service tax evasion
Revenue loss to Government due to service tax evasion has been rising since the last three years with Rs 940.78 crore loss in 2006-07 in as...