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: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: TDS :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: cpt :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: VAT Audit :: form 3cd :: articles on VAT and GST in India
 
 
Direct Tax »
 CBDT asks I-T dept to take urgent steps
 I-T department asks taxpayers to update their information on e-filing portal
 Companies may have to submit income estimates by 15 November
 CBDT proposal on advance estimates of tax liability irks industry
 Advance tax calculation: Firms may have to furnish Apr-Sept income estimates
 Companies may have to furnish Apr-Sept income estimates to I-T dept
 CBDT working on a draft rule that makes it compulsory for companies to provide income estimates by Nov 15
 Companies, HNIs may soon have to specify reason for paying less advance tax than previous year
 TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
 CBEC tells field officers to take GST disputes to Supreme Court
 Jurisdiction-free income-tax assessment on the cards

Govt to set up special force to deal with blackmoney
September, 07th 2011

The government will soon set up a special force on the lines of the American enforcement agency, Internal Revenue Service, to deal with the menace of blackmoney and nail serious tax offenders, a CBDT official said.

The force is likely to have its own uniform and function under the Director General of Income Tax (Criminal Investigation), a senior Central Board of Direct Taxes (CBDT) official said.

The force will be structured on the lines of American Internal Revenue Service which claims the highest conviction rate in the world.

"We have finalised the proposal and will soon seek the nod of Law Ministry to set up the cadre of specialised officers to effectively deal with black money," the official added.

The special agents will hold the rank of an income tax officer, whereas agents will be designated as inspectors.

The special force, according to the official, will deal with cases pertaining to generation of black money from illegal activities such as corruption, money laundering, illicit cross-border transactions, financial frauds etc. They will also have the powers to prosecute tax offenders.

"Given the responsibilities assigned to them, the government will be compelled to create a uniform cadre," the official said.

Initially, the special force will be dealing with cases involving organised crime, the official said.

In May this year, the government had announced setting up of a special wing -- the Directorate of Income Tax (Criminal Investigation) -- to investigate criminal offences under the direct tax laws.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

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