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: list of goods taxed at 4% :: TDS :: Central Excise rule to resale the machines to a new company :: cpt :: articles on VAT and GST in India :: VAT RATES :: form 3cd :: empanelment :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: ACCOUNTING STANDARD
 
 
News Headlines »
 Quarterly GST returns filing may be extended to all companies
 How many times one can revise tax returns?
 Income tax exemption for FY19
 How will the new provisions really work?
 How to save income tax? Best tips for young earners
 Forgot to verify your income tax return? Here's help
 Notification of Government e-Marketplace (GeM) under section 138 of the Income-tax Act
 Income tax returns can be filed even if you missed deadline
 What is the difference between a tax return and a tax refund?
 Improving tax compliance in India
 How to invest in the new LTCG tax regime

`No nationwide raids on stockbrokers'
February, 23rd 2007
The Income-Tax Department on Thursday conducted "localised" searches in Pune, Mumbai and Kochi and maintained that there was not an "iota of truth" in claims that nationwide searches were being conducted on stockbrokers and other stock market intermediaries.

"No sharebroker anywhere in the country is being raided today. There is no search planned or taking place on an all-India level basis," said Mr A.K. Sinha, Central Board of Direct Taxes (CBDT) spokesperson, during a hurriedly convened news conference on Thursday.

He refuted electronic media reports that the department officials were conducting searches on stockbrokers.

Mr Sinha said that a few searches were carried out in Pune on Thursday on certain real estate developers, adding that "consequential searches" were being done in Chennai, Kolhapur and Aurangabad.

In Mumbai, the department conducted searches at the premises of certain doctors, diagnostic centres and interior decorators. In Kochi, searches were conducted at an IT firm.

"Searches are sensitive issues. They are done purely on a discretionary basis based on the information available with the Director-General at the local level. There is no provision for issuing any direction from CBDT for carrying out searches," Mr Sinha said.

The Income-Tax Department on Thursday conducted raids at the offices and residence of several professionals such as doctors, caterers and interior decorates.

Mr S.S.N. Moorthy, Director-General (Investigations), Income-Tax, Mumbai, said that 15 groups of service professionals were targeted. Many of these professionals were under-reporting incomes.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

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