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: cpt :: articles on VAT and GST in India :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: due date for vat payment :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: VAT RATES :: TDS :: VAT Audit :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
« News Headlines »
 A tax saver scheme with higher returns
 GST registration mandatory for TDS entities
 Govt rules out extension for filing GSTR-3B returns after December
 Tax department’s e-filing portal out of action for 2 hours
 Use ITR-2 to show salary and capital gains income
  TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
  How to file ITR for FY 2016-17 and all the links you need
 All about E-way Bill under GST
 Good and simple tax: on the GST regime
 Seeks to extend the time limit for filing of GSTR-1, GSTR-2 and GSTR-3
 Good news, find Tax Return Preparers soon at a place near you; 5 things to know

Taxman triples Mumbai searches in 05-06, seizes Rs 4,215 crore
July, 29th 2006
Income tax searches in commercial capital Mumbai has more than tripled within one year, from 11 to 39. While the city has naturally faced the maximum number of searches over the years, the sharp rise shows the income tax department has become quite vigorous off late.

The department seized Rs 4,215.31 crore in these searches, which is much higher than the Rs 604.17 crore seized in 04-05.

Ahmedabad is second in the tally, where the income tax department conducted 25 searches in 05-06, but the seizure amount was only Rs 18 crore in 05-06. The number of searches in the city has more or less been at about the same level in the previous two years also at 22, and 18.

The figures for Ahmedabad are higher than for Delhi and Kolkata, which witnessed 18 and 16 searches respectively in 05-06. While the searches in Delhi resulted in seizure of Rs 2,907 crores, those in Kolkata resulted in Rs 546.9 crore.

In the case of national capital, 10 searches were made in 04-05 resulting in seizure of Rs 1218.2 crore, while Kolkata saw 13 searches yielding a seizure amount of Rs 219.6 crore. The figures were furnished to Lok Sabha by the finance ministry in a written reply on Friday.

The finance ministry uses its power of search and survey to basically flush out those cases, where other means to recover unaccounted income fails to yield results. The investigation wing under the ministry conducted 3 searches and seized Rs 140.2 crore in the period under review in Chennai.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Portal Design Website Design Portal Designing Website Designing Web Design Professional Portal Design Professional Website Design Professional Web Design Portal Design India Website Design India Portal Designing India Website Designing India Web Design India Professional Portal Design India Professional Website Design India Chicago Professional Web Design New York Professional Web Design California Website Design Florida Website Design New Jersey Website Design Britain UK Website Design London Manchester Website Design

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