New Tax Rules for Property Owners: Challenges and Rollover Relief
The Union Budget 2024 introduced several changes to the taxation of long-term capital gains (LTCG) on property, and one of …
tax evasion
Your ITR can be shortlisted for scrutiny – Know why?
The Income Tax department released guidelines earlier this month for selecting tax returns for scrutiny in the financial year 2024-25. …
GST officials detect 14,597 tax evasion cases in Apr-Dec: Govt informs LS
In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said a total of 14,597 …
GST intel unit detected over Rs 1.98 trn worth tax evasion cases in 2023
The GST intelligence unit detected tax evasion of more than Rs 1.98 trillion last year and arrested 140 masterminds who …
29,273 bogus firms evaded ₹44,015 cr tax since May: Govt
New Delhi: Haryana tops the list of fake firms per lakh among entities registered with the Goods and Services Tax …
21,791 fake GST registrations, tax evasion of Rs 24,000 cr detected: FM
Finance Minister Nirmala Sitharaman on Tuesday said GST officers have detected 21,791 fake GST registrations and over Rs 24,000 crore …
Supreme Court stays Karnataka HC order of Gameskraft tax evasion case
The Supreme Court (SC) on Wednesday quashed Karnataka High Court’s order that quashed the Rs 20,989-crore show-cause notice against Bengaluru-based …
Doing a second job? You may be under I-T department’s lens for moonlighting
The income tax (I-T) department has sent notices to over 1,100 professionals who have earned money outside their regular job …
A quarter(25%) of 69,000 suspected GST accounts fake, reveals CBIC drive
The largest number of fakes detected from the list of suspect registrations were from Delhi A drive by the Central …
