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: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: cpt :: form 3cd :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: TDS :: articles on VAT and GST in India :: due date for vat payment
 
 
News Headlines »
 How to link your Aadhaar and PAN details to file income-tax returns
 How to calculate capital gains tax on property sold at less than stamp value?
 Return Filing - Under GST, this is how you will file tax returns from July 1
 Income tax filing FAQs part 1
 Filing Income Tax Returns? Things To Keep In Mind As Deadline Approaches
 Filing of online return for 4th quarter of 2016-17- extension of period thereof.
 New tax accounting standards may reduce leeway for infrastructure companies
 GST – CONCEPT & STATUS – As on 01st May, 2017
 Govt extends VAT deadline, relief for developers
 Income Tax Appellate Tribunal Rules, 2017
 Got your Form 16? You should file income tax returns early to enjoy benefits

Tax sleuths recover Rs 13L
September, 15th 2009

Sending a message of tough time ahead for medicos and pharma units that evade tax liabilities, Income Tax (IT) sleuths on Monday carried out surveys at the Sector 20-based clinic treating infertility besides three premises of a company and its associates.

Claiming to have recovered Rs 13 lakh cash from the clinic run by Dr Umesh Jindal, the taxmen are learned to have laid hand on related documents and investigations are on.

Meanwhile, the pharma unit and its business associates targeted by the I-T men were identified as Saurav Chemicals Limited having its office in Manimajra and its sister concerns - Pooja Chemicals, Dhruv Chemicals and Bhuvan Chemicals - having units at Derabassi, Panchkula and Chandigarh.

Enquiries revealed that the I-T sleuths started their operations at around 1.30 pm and were at their jobs till the filing of this report.

Notably, this is the third such major survey carried out by the office of Commissioner of Income Tax (CI-T). Earlier, CI-T II had detected tax evasion worth about Rs 7 crore by the builders who allegedly failed to deposit tax on the capitals.

This was besides the surveys carried out on the pharmaceutical companies who alleged evaded tax liabilities under the garb of tax free zones at Baddi.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Customer relationship management software CRM software Operational CRM Collaborative CRM

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