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: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: VAT Audit :: list of goods taxed at 4% :: empanelment :: TDS :: articles on VAT and GST in India :: due date for vat payment :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4%
 
 
« General »
 Startups that raised funds from angel investors face tax scrutiny
 Tax collection assumptions in India's budget ambitious
 All scrutiny cases, sans search, to be e-assessed
 Key tax changes that will come into effect from April 1
 Eight lakh companies on Income Tax department radar for not filing tax returns
 4 things a taxpayer shouldn’t miss
 Impact on LTCG will be more than 10 per cent
 Here's how much the tax reliefs you want will cost the finance minister
 Companies (Appointment and Qualification of Directors) Amendment Rules, 2018
 How young earners can claim HRA tax exemption with ease
 IT firms eye change in foreign tax credit rule

I-T survey: Tax evasion Rs 18.5 cr unearthed
September, 04th 2009

A major income tax (I-T) survey that started on Tuesday evening at the premises of nine builders and five textile groups of the city has yielded Rs 18.50 crore of unaccounted money.

Over 15 teams of Surat I-T department have been carrying out this survey at the premises of these firms in Pal, Pandesara and Katargam since Tuesday.

The highest amount declared by a builder was Rs 5.75 crore, followed by another who disclosed Rs 1.5 crore.

While two disclosed Rs 90 lakh each, another two builders declared Rs 50 lakh each. One builder declared Rs 25 lakh. Sources within I-T department said all builder groups belong to Pal area of the city.

"We have recovered many unaccounted dealings from these builders. We still expect declaration of a large amount of undisclosed income," an I-T official said.

Of the textile groups, a weaving mill declared Rs 2 crore whereas a dyeing mill owner disclosed income of Rs 2.20 crore. Two dyeing-printing unit owners disclosed Rs 1.50 crore each, whereas the fifth group disclosed Rs 1 crore of undisclosed income during the survey.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Portfolio

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