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: ACCOUNTING STANDARD :: cpt :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: empanelment :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: list of goods taxed at 4% :: VAT RATES :: due date for vat payment :: VAT Audit
 
 
Indirect Tax »
 CBEC rechristened Central Board of Indirect Taxes and Customs
 Income tax department to challenge ITAT relief to Cairn Energy in HC
 5 crucial ways how doing business will be different under GST
 What is the lowdown on the Goods and Services Tax
 Ineligible Input Tax Credit Under Gst Regime
 What is GST, how is it different from now: Decoding the indirect tax regime
 Indirect tax collection can fall short of FY’17 target
 GST in last lap: What's in it for businesses, firms and most importantly, you?
 Indirect tax collection: All you want to know about stuck cases and rejected appeals
 Government achieves revised tax collection target
 Keep indirect taxes 'low, affordable' under GST

Income Tax department seeks probe details on IPL scams from Delhi Police
June, 07th 2013

The income-tax department has asked Delhi Police to share details of the investigations into the IPL betting and spot-fixing scandal as there is an element of tax evasion involved in the cases, a top I-T sleuth said.

"We asked Delhi Police to share information, but have not heard from it yet. We are looking into the matter," the official said, asking not to be named. A Delhi Police official confirmed about the I-T request, but added the agency is not ready yet to share the relevant information.

The tax authorities say possibilities of money laundering and tax evasion need to be thoroughly probed. Owners of Rajasthan Royals have in the past been hauled up by the Enforcement Directorate (ED) for alleged violations of the Foreign Exchange Management Act (FEMA). ED had slapped a Rs 100-crore fine on the franchise in February this year. It has also been under I-T scrutiny for violation of income-tax rules.

In 2011, I-T and ED had probed alleged financial irregularities committed by BCCI, many of which were in connection with IPL.

Investigations of tax evasion in the IPL case may pick up with owners of teams being called in for questioning by cops in Mumbai and Delhi. BCCI President N Srinivasan's son-in-law Gurunath Meiyappan has been interrogated by the Mumbai police while their Delhi counterparts have interrogated Rajasthan Royals co-owner Raj Kundra as part of the probe.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

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