The Income Tax Department has detected a tax evasion of more than 700 million rupees after it recently raided several locations of Chennai-based Chettinad Group, the CBDT and official sources said on Tuesday. “Highlights of the search include the seizure of 23 million rupees unaccounted for cash from various locations,” …
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The CBDT has been asked to verify the assets and liabilities presented as part of the affidavits. (PROCEEDINGS) New Delhi: It emerged that the Election Commission reminded the Central Board of Direct Taxes of its request to investigate allegations of false affidavits brought by Maharashtra’s Chief Minister Uddhav Thackeray, his …
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Statements were made that some banks were imposing fees on UPI transactions. The Finance Ministry has advised banks not to charge any fees for transactions or payments made via electronic mode, the Central Board of Direct Taxes (CBDT) said in a statement on Sunday. According to the CBDT, statements were …
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[ad_1] NEW DELHI: The Ministry of Finance announced on Friday relief for those who have had difficulties with the status of their residence in India under section 6 of the Law on Income Tax, 1961 due to the blockade and suspension of international flights due to the Covid-19 outbreak, as …
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