Latest Expert Exchange Queries
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: empanelment :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: VAT Audit :: VAT RATES :: articles on VAT and GST in India :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: cpt :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4%
 
 
News Headlines »
 Filing of online return for 4th quarter of 2016-17 — extension of period thereof
 CBDT simplifies ITR filing process from FY18
 Govt extends service tax return filing date to April 30
 No move to tax farm income, clarifies Arun Jaitley
 New board for indirect taxes to become operational from June 1
  9 changes that came into effect from April 1
 First time filing income tax? Here's all you need to know about Form 16 and Form 26AS
 New Opening Financial Controller Chartered Accountant (Manufacturing Plant) A Leading Company
 Income Tax Filing 2017: All you want to know about the single page ITR form SAHAJ
 How to benefit from investments in tax saving mutual funds
 60 per cent of income tax notices on fishy cash deposits returned

Pune I-T mum about Hassan Ali hawala case
March, 14th 2007

While Pune's chief commissioner of income tax, Santosh Datta, refused to comment on absconding Hassan Ali Khan, a horse trader alleged to be involved in the Rs 35,000-crore hawala operation, the case is being monitored at the highest levels in the government. Sources have indicated that the amount could exceed the sum of Rs 35,000 crore that is currently being mentioned.

"This is a Mumbai case and has not emanated from Pune. It is a matter of investigation. We did carry out raids on his two houses in Pune," Datta said. However, Datta said that Khan did not file his tax returns in Pune and were not sure if he was filing them in Mumbai.

AJ Khan, director, investigations, said that the raids had yielded jewelry worth Rs 10 lakhm but did not reveal anything more. Apart from owning horses, Hassan Ali owned the entire property he resided in, at upmarket Koregaon, with a fleet of imported cars.

Datta refused to be drawn into the controversy and instead wanted to talk about Pune's tax collections, which he said would cross the Rs 9,000-crore mark and for the first time met targets. "The old target was Rs 8,500 crore. This was raised to Rs 8,700 crore and trends showed that there was a possibility of touching Rs 9,000 crore," Datta said. Concealed income available too, is up this year with surveys detecting Rs 250 crore-Rs 260 crore, excluding searches.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

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