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: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: empanelment :: VAT Audit :: cpt :: ACCOUNTING STANDARDS :: due date for vat payment :: TDS :: articles on VAT and GST in India :: form 3cd :: list of goods taxed at 4% :: VAT RATES
Sales Tax »
 India finalises bills to launch new sales tax in July
 NMC to implement new tax system from Apr 1a
 13 per cent sales tax boost post demonetisationa
 Arun Jaitley May Lower Corporate And Income Tax Rates But Hike The Service Tax Rate
 Tax on high seas sales becomes dispute area
  State extends GST enrolment deadline
 State extends GST enrolment deadline
 To protect its status, state forms panel to draft legislation on GST
 India Fails to Break Deadlock on New Sales Tax
 Sales tax staff protest against goods service tax council
 Income tax survey on city jeweller

Crime branch raids 7 premises of coal merchant
September, 21st 2011

Economic Offence Wing (EOW) of city police's crime branch along with sales tax officials conducted a joint search at seven places on Tuesday in connection with offence registered against a prominent coal merchant. DP Sarda had been booked by Sadar police earlier this month for duping the sales tax department to the tune of several crores.

The case was handed over to the EOW of the crime branch for further investigation. A senior source from crime branch informed that surprise searches were conducted at the residence and offices of the coal merchant to collect evidence in the matter. Sales tax officials accompanied the police team to help collect relevant documents to nail the offender.

"Seven teams were formed for the searches. Every team had a sales tax officials," said a crime branch officer.

City police have charged coal trader Sarda with cheating and forgery under various sections of the Indian Penal Code (IPC) and Maharashtra Value Added Tax Rules 2003. Police department sources said Sarda had registered two private firms with the sales tax department and was using documents and Pan cards of two persons, Ajay Yadav and Ravi Yadav, to evade sales tax.

Sarda also collected sales tax from firms where he sold coal, but did not deposit the amount with the department. The offence was registered after Sarda's deceit was exposed during an internal audit of the department and documents were forwarded to the police by sales tax department officials.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

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