Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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
 
 
 
 
Popular Search: cpt :: TDS :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: empanelment :: VAT Audit :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: VAT RATES :: due date for vat payment
 
 
Direct Tax »
 CBDT asks I-T dept to take urgent steps
 I-T department asks taxpayers to update their information on e-filing portal
 Companies may have to submit income estimates by 15 November
 CBDT proposal on advance estimates of tax liability irks industry
 Advance tax calculation: Firms may have to furnish Apr-Sept income estimates
 Companies may have to furnish Apr-Sept income estimates to I-T dept
 CBDT working on a draft rule that makes it compulsory for companies to provide income estimates by Nov 15
 Companies, HNIs may soon have to specify reason for paying less advance tax than previous year
 TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
 CBEC tells field officers to take GST disputes to Supreme Court
 Jurisdiction-free income-tax assessment on the cards

After I-T raid, Delhi biz man surrenders Rs 73 crore
January, 07th 2012

A Delhi-based businessman has surrendered Rs 73 crore to the income-tax (I-T) department on Friday and has also disclosed details of his bank accounts and lockers in banks in the Switzerland, US and  Singapore. The directorate of criminal investigation (DCI) - the newly created

 
investigation wing within the central board of direct taxes (CBDT) to deal with high profile cases - had conducted searches at house and office premises of Satish Swahney at Sainik Farms and South Extension-I in New Delhi on Thursday afternoon, which concluded on Friday. 
"After receiving specific tip-off, DCI raided the premises and he has surrendered Rs 73 crore to the department," a senior official said.

According to department sources, Swahney, who is into energy consultancy in India and abroad, has five bank accounts abroad - one each in Zurich, Singapore and three in the US. In addition, the I-T officials have also found eight big lockers in three Delhi banks.

"The search team has recovered jewellery worth Rs 1.5 crore and Rs 18 lakh in cash from Swahney, and he has eight accounts in HDFC, ICICI Bank and State Bank of India in Delhi, which have now been sealed," the source said.

Though no big name has apparently been found to be linked with Sawhney, the DCI has reportedly kept a few politicians under its scanner. "No big names have been found attached to this case at present and we believe the businessman is a high-end hawala dealer, but we're probing the documents related to foreign banks recovered by us," the official said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-development

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