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: VAT Audit :: ACCOUNTING STANDARDS :: due date for vat payment :: TDS :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: form 3cd :: ACCOUNTING STANDARD :: empanelment :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
News Headlines »
 GST Council fails to break deadlock over indirect tax regime, next meet on Dec 11 and 12 to hammer out differences
 Invoking Writ Jurisdiction For Income Tax Matters
 How to file income-tax returns online
 How Income Tax Returns Are Scrutinised
 All About New Income Disclosure Scheme to make Demonetisation successful
 Your deposit may draw income tax notice
 Accepting payment under IDS 2016
 New disclosure scheme could see 50% tax and 4-year limit on cash use for unaccounted deposits
 Pay 50% tax on unaccounted deposits, or 85% if caught, says Modi government
 Deadline to pay property tax in old currency extended
 Cabinet clears amendments to Income Tax Act

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 2016 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