sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« News Headlines »
 Income tax on your gold and real estate investments
 Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 117(1A) of the Central Goods and Service Tax Rules, 2017 in certain cases
 How RBI dealt with the crisis amid tensions with FinMin
 Pay tax on this PF account withdrawal Income tax return (ITR) filinga
 Seeks to make amendments (Ninth Amendment, 2018) to the CGST Rules, 2017.
 How govt is dealing with tax evasion, corporate fraud
 How to check income tax return (ITR) status
 Second instalment of advance tax due on 15 September
 Missed the deadline for filing India ITR? Here is what you can do
 Last date for filing GST annual return is December 31
 How insurance policies help you save tax

I-T Dept begins probe into Satyam
January, 28th 2009

The Income Tax Department is independently probing the Rs 7,800-crore accounting fraud in Satyam with focus on tax deducted at source and benami deals.

We are conducting an independent probe into the Satyam case,'' Central Board of Direct Taxes Chairman, Mr N B Singh told reporters here on Tuesday.

The I-T Department will look into tax deducted at source and benami deals, if any, by Satyam, he said.

He, however, declined to give a timeline for the completion of the probe, saying, The duration cannot be fixed, but we will try to hasten up the process.''

Already, the Andhra Pradesh police, market regulator SEBI and the Serious Fraud Investigation Office are investigating the fraud disclosed by Satyam founder Mr Ramalinga Raju on January 7.

The SFIO has been given three months to complete its probe, although the investigating team has had no luck accessing Mr Raju and others for interrogation.

Mr Raju, his brother Mr Rama Raju, the company's former CFO Mr Vadlamani Srinivas and two representatives of the company's auditors are in judicial custody.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions