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: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: list of goods taxed at 4% :: TDS :: form 3cd :: VAT RATES :: ACCOUNTING STANDARD :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt
 
 
Indirect Tax »
 What is a belated income tax return and what are its consequences
 Why rejig of financial year could upset your tax planning
 The threat of harsh penalty should not impede tax compliance
 What are the tax exemption limits for allowances, reimbursements paid to employees? Find out
 High-income taxpayers to get priority treatment and extra facilities
 GST input tax credit rules: How taxpayers will benefit from ITC
 More complications in filing income tax returns
 Guidelines for selection of cases for scrutiny during the financial-year 2017-2018
 CBDT asks Income Tax officials to pull their socks up as revenue collection not satisfactory
 Nearly 15 pct growth in direct tax collections for fiscal 2017-18
 Transformation of indirect taxation landscape

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