Tag: Search and Survey

According to BBC India’s Income Tax Survey, there are discrepancies in TP documentation, remittance of income that does not adhere to TDS requirements, and income that is not disclosed …

On November 17, 2022, the Income Tax Department conducted an IT Search and Seizure operation, which resulted in the discovery of black money worth more than Rs 100 crore. …

Search and Seizure operations conducted by Income Tax (IT) Department has unearthed Capital Gains of above Rs 1300 crores from JDAs, which were not reported by the concerned taxpayers. …

The ICAI has published the first edition of its ‘Handbook on Inspection, Search, Seizure, and Arrest under GST’ (August 2022), in order to explain the intricacies of the law …

CBIC directs GST Investigation Officials to ensure that any tax payments made during a search, inspection, or investigation are made voluntarily by taxpayers using DRC-03 and that no coercive …

The Income Tax (IT) Department has conducted raids/ search and seizure  operation on 14/03/2022, at 25 premises situated in Maharashtra, Karnataka and Tamil Nadu, belonging to a popular chain …

Amendments proposed to disallow any set off of loss in the cases under search/ survey, the term “undisclosed income”, by inserting new Section 79A of the Income Tax Act, …

DRI has issued three show cause notices to Xiaomi India, demanding short paid duty of Rs. 653 crore on imported mobile phones during the period 01/04/2017 to 30/06/2020, for …

Income Tax Department has conducted raids/ search operations in Delhi and Gurugram on the business and residential premises of a Fintech company providing instant short term personal loans through …

Income Tax Department has conducted raids/ search operations on 25 premises/ in 7 Cities of a group engaged in heavy machinery manufacturing in Pune, which has led to detection …