On May 9 around two dozen angadia firms in Ahmedabad and Surat were raided by Gujarat crime investigation department (CID). Total of Rs 12.50 crores cash, 1 kg gold, foreign currency, computer and a laptop were seized and reported to IT Income Tax Department. Team of 150 IT officers raided angadia firms on CG road-based […]
With completion of Lok Sabha 2024 election in Gujarat, Income Tax department has taken action in Surat and Morbi. As per media sources more than 100 officers were probing 12 locations of Aishwarya Group at Surat textile industry and a business group associated in ceramic sector in Morbi. Organised raids and surveys targeted textile big […]
The Congress today faced a temporary hitch following Income Tax department froze its main bank accounts, including those of the Youth Congress. However, the party quickly challenged the move, and the Income Tax Appellate Tribunal granted relief by de-freezing the accounts until a final hearing made by next week. The Congress party issued a clarification […]
After a long time in Rajkot, mega operation of Income Tax. The IT team raided on Radhika Jewelers and Shilpa Jewellers. Income tax raids conducted at more than one and a half dozen places in today early morning at 7 o’clock in by different squads raid on Showrooms of both Jewelers on Palace Road on […]
Additional Commissioner of Income Tax Santosh Karnani was arrested by ED Enforcement Directorate in relation to PMLA Prevention of Money Laundering Act case. The arrest was made for demanding and accepting a bribe of Rs 30 lakhs. The official is in ED custody till June 9. Karnani was arrested by the financial agencies on June […]
The Central Bureau of Investigation has arrested then Assistant Commissioner of Income Tax, Ahmedabad(Gujarat) in an ongoing investigation of a case. CBI had registered the instant case on 12.10.2022 against the Additional Commissioner, Income Tax, Ahmedabad on the request of Gujarat Government and further Notification from Government of India related to bribery of Rs.30 Lakhs. […]
Income Tax officials landed at the BBC offices in Delhi and Mumbai this morning for searches, weeks after a huge controversy over the UK national broadcaster’s documentary series on Prime Minister Modi and allegations linked to Gujarat riots. The taxmen were carrying out a “survey” over allegations of international taxation and transfer pricing irregularities involving […]
New Delhi: Union Budget 2023 was presented by Finance Minister Nirmala Sitharaman today. This year’s Budget holds much significance as this is the last full Budget before the 2024 general elections. This is the Finance Minister’s fifth Budget presentation since 2019. The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday approved the Budget […]
Today Mega operation of Income Tax was carried out again in Ahmedabad city. IT raid on Chiripal Grou was made. Chiripal Group is involved in business with textile and education industry. Raids were made on partners including Ved Prakash Chiripal and Brijmohan Chiripal. Income Tax searches were underway at multiple premises, including offices and homes […]
Today IT Income Tax raids were conducted on 4 builders and architects in Vadodara city. Income Tax Survey conducted on Ruchir Seth, Krupesh, Mukesh Agarwal and Rinku In Vadodara, Reputed builder group Darshnam and architect Ruchir Seth of Vadodara came under scanner Income Tax department. Activity of Income Tax Survey on builders and architect have […]
