Searched for
TAX EVASION
81-year-old Bengaluru CA helps 8 companies send Rs 200 crore overseas, seeks protection from arrest after tax evasion probe, blames staff misused his digital signatureAn 81-year-old Bengaluru chartered accountant allegedly issued 163 Form 15CB certificates for eight companies involved in foreign remittanc...- Insurance agent deposits Rs 35 lakh cash collected from policyholders in his bank account, gets tax notice; he fights and wins in ITAT JaipurPolicyholders gave Rs 35 lakh cash as insurance premiums which agent deposited in his bank a/c; Income Tax Dept sent agent notice for unexp...
- From GST to e-invoicing: Closing the loop on Digital IndiaIndia has already built the rails. It is time to let the invoice travel on them.
- Innefu Labs’ AI platform uncovers suspected Rs 5,700 crore GST fraud networkAccording to Innefu Labs, Prophecy Eagle I identified several patterns, including the alleged reuse of the same facial identity across mult...
- Delhi techie couple donates Rs 50 to political party, claims Rs 40 lakh ITR deduction, evades Rs 5.3 crore income tax, faces IT probeA Delhi-NCR techie couple allegedly claimed Rs 40 lakh in tax deductions after donating just Rs 50 to a political party. An Income Tax Depa...
- GST decriminalisation decisions set benchmark for trust-based governance: CIIThe Confederation of Indian Industry praised the GST Council's recent decisions aimed at decriminalising certain offences. The Council reco...
- CII calls for GST-like reforms in land, labour & local approvalsCII has called for extending the GST Council's approach to decriminalise offences in various sectors. This move aims to enhance ease of doi...
- No law, no disclosure order: SC rejects Mahua Moitra's AIF, FPI pleaThe Supreme Court has refused to instruct the Securities and Exchange Board of India to enforce public disclosure requirements. Trinamool C...
- Defeated presidential candidate Flavio Bolsonaro and his family land in Miami after fleeing BrazilFlavio Bolsonaro arrived in Miami alongside his family after fleeing Brazil following his election defeat. He traveled through Argentina an...
- India is addressing Wall Street’s favourite ‘elephant’ in the room to its own advantageThe Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning f...
- Own property in UAE? Income Tax Department nudges taxpayers to declare undisclosed assets under FAST-DS 2026, know who needs to act and what they can doUAE property owners have received communication from the income tax department regarding undisclosed assets. Taxpayers are prompted to asse...
- Brazil's Flavio Bolsonaro and family will get US visas after election loss, State Department saysThe US State Department has agreed to issue visas to Brazilian senator Flavio Bolsonaro and his family following his election defeat to inc...
- GST officers must prove intent to evade tax before invoking fraud provision: CBICGST officers cannot invoke fraud, wilful misstatement or suppression provisions merely because tax has not been paid or a discrepancy is fo...
- Rs 2 crore luxury purchase, Rs 20 lakh tax: Mumbai car dealers who saved 14 lakh with Diu and Daman registrations face licence cancellation; what about their customers?Mumbai luxury car tax evasion: Mumbai RTOs have issued show-cause notices to 19 car dealers over alleged fake rental agreements used to reg...
- Brazil Presidential Election run off: Who is winning Donald Trump's ally Flavio Bolsonaro or Luiz Inacio Lula da Silva whom Barack Obama once called 'world's most popular politician'?Brazil Presidential run off: Lula, who at 80 is one of the world's oldest heads of state, is Brazil's 35th and 39th president, having serve...
- Navratri fasting food goes gourmet as restaurants see demandRestaurants are stepping into a meal occasion traditionally associated with home kitchens to keep guests observing dietary restrictions at ...
- Todd and Julie Chrisley hit with $1.57 million IRS tax lien after Donald Trump’s 2025 pardon; what we knowTodd and Julie Chrisley are facing a significant tax challenge with a federal lien amounting to $1.57 million, linked to unpaid taxes for t...
- India customs scrutiny diverts Niger soybeans to Asia at steep discounts, sources sayAround 11,000 metric tons of Niger-origin soybeans bound for India were diverted to other Asian markets and sold at steep discounts as a wi...
- Restaurants face income tax scrutiny as suspected tax evasion tops Rs 25,000 croreThe income tax department in India has identified significant tax evasion by thousands of restaurants. Approximately 8,000 restaurants show...
- GST Council meet: Scrapping tax officers' arrest powers, decriminalisation among reforms on agendaThe GST Council is poised to address significant reforms that could transform GST compliance for businesses. Among the proposed measures ar...
Load More
