Sonu Sood, associates evaded Rs 20 cr tax, violated FCRA: IT Dept
India | September 18, 2021 13:26 ISTCash of Rs 1.8 crore has been seized during the course of the search and 11 Lockers have been placed under prohibitory order.
Cash of Rs 1.8 crore has been seized during the course of the search and 11 Lockers have been placed under prohibitory order.
The raids were conducted on Tuesday and "unaccounted" Rs 6.40 crore cash and jewelry worth Rs 1.70 crore were seized from the about 40 premises searched.
Police recovered Rs 1.10 crores cash from two passengers in a bus in Krishna district. Police said, "During inquiry, passengers said that they've sold 16 acres of land in Ongole". The case is handed over the case to the IT department for further investigation.
Finance Minister Nirmala Sitharaman has reserved words of praise for the Income Tax department, complementing officers for being responsive to the needs of the taxpayers during the pandemic times by relaxing various compliance requirements and addressing the liquidity concerns of the taxpayers.
The notice from the Jeypore I-T office in Koraput district said Gond had deposited Rs 1,47,82,057 in his bank account during 2013-14 financial year for which he has to pay Rs 2,59,540 lakh as tax.
Former Kolkata Police commissioner Rajeev Kumar is accused of destroying evidence related to the Saradha chit fund (Ponzi) scam when he headed the special investigation team of the West Bengal Police to probe the matter before it was transferred to the investigating agency.
The income-tax (I-T) department has conducted searches at 39 locations to check alleged tax evasion by brokers and traders operating at the Bombay Stock Exchange in transactions worth about Rs 3,500 crore, the CBDT said on Saturday.
A group of Banaras Hindu University students protesting against the appointment of a Muslim professor at the Sanskrit literature department ended their 'dharna' on Friday.
The income tax department has detected alleged undisclosed income of Rs 435 crore after it raided a Tamil Nadu-based company, the CBDT said on Sunday. Unaccounted cash of Rs 32.6 crore and about 10 kgs of gold jewellery has been seized during the search operations that were launched on November 15 at twenty premises in "a tier 3 city of Tamil Nadu", it said without disclosing the exact locations.
The Income Tax Department has detected alleged irregularities to the tune of Rs 735 crore after it conducted searches on civil contractors who work for the Brihanmumbai Municipal Corporation (BMC), the CBDT said on Thursday.
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