Latest Expert Exchange Queries

Make 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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: due date for vat payment :: ACCOUNTING STANDARD :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: TDS :: VAT Audit :: list of goods taxed at 4% :: empanelment :: form 3cd :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« News Headlines »
 Income-tax (21st Amendment) Rules, 2017
 Deadline for filing income tax return nears; here are 10 common mistakes that you must avoid
 All you need to know about form 26AS
 How to file income tax return?
 7 changes that affect income tax return filing this year
 How To File Income Tax Return (ITR) Online For FY2016-17? Last Date July 31
 Last date for filing income tax return approaches: What is Form 26AS? How it can help you claim refunds
 Income Tax department to launch mobile app to make life easy for taxpayers
 6 things to remember while filing your income tax return
 Want to save on tax? Here are deductions you can use while filing ITR
 July 31 Is Last Date For Filing Tax Return. Why Form 26AS Has To Be Checked

Tax sleuths toto grill raju on inflatedinflated income
February, 21st 2009

Did disgraced Satyam chairman B Ramalinga Raju inflate the receipts (income), especially in relation to income on exports which was not taxed because of exemptions? Was the actual income on software exports less than that shown? While Income Tax officials are all geared up to quiz Ramalinga Raju tomorrow, top sources disclosed to Express that the above two questions will form a major part of the grilling, permitted by the Court inside Chanchalguda Jail between 10:30 a.m. and 4:30 p.m. tomorrow. The IT team will be headed by an in-charge Deputy Commissioner and a Deputy Director under the supervision of an official of the Additional Commissioner rank.

Sources said the questionnare was prepared as per the directions of Director General, IT, Amalendu Das. However, Das will not be physically present in the interrogation.

IT officials will be seeking answers from Raju on several issues, including fund flow and whether funds were siphoned off, and about whether inflated balances were shown, especially with regard to the fixed deposits, sources said. But the focus of the IT officials will be on whether the (income) receipts were also inflated, especially with regard to income on exports which was not taxed because of the available exemptions. The IT officials will also question him on alleged tax evasion and also on the land purchases through Akula Rajaiah, the man who is said to have facilitated Rajus buying large tracts of lands in Rangareddy district.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Article Management Solutions System Article Management Software S

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