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: empanelment :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: TDS :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: due date for vat payment
 
 
Direct Tax »
 CBEC Issued 41 Notifications In A Day To Give Effect To GST Council Decisions In 22nd Meet
 CBEC Issued 41 Notifications In A Day To Give Effect To GST Council Decisions In 22nd Meet
 CBEC Issued 41 Notifications In A Day To Give Effect To GST Council Decisions In 22nd Meet
 CBDT seeks suggestions on framing of rules on country-by-country reporting
 Is it the end of the road for tax havens?
 Government Collects Rs 3.86 Lakh Crore as Direct Tax Till September
 TDS IS PART OF SUM PAYABLE TO PAYEE and is trading liability- interest paid for delayed deposit of TDS is allowable expenditure
 Deductions Under Section 10b Of Income Tax Act, 1961 To Export
 CBDT signs 2 more APAs with taxpayers in September
 PM Narendra Modi seeks simpler rules to raise direct tax share from '07 low
  E-filing income tax return: How individuals can upload any ITR using excel utility

CBDT; I-T to monitor funding in polls
September, 19th 2012

The Election Commission (EC) has sought deployment of the investigation machinery of the Income Tax department for checking movement of illegal funds during the forthcoming assembly elections in Gujarat and Himachal Pradesh.

The Central Board of Direct Taxes (CBDT), which was written to by the Commission, has asked its probe Directorates based in Chandigarh (for Himachal Pradesh), Surat and Ahmedabad (for Gujarat) to deploy senior officials and staff as 'expenditure observers' for these polls.

"All the I-T investigation offices in these two states will act to accomplish the EC mandate of curbing illegal money power and black money in the run up to the polls. The CBDT has asked the directorates to act in this regard," an official said.

The EC has a special election expenditure monitoring cell to counter black money instances at the hustings.

The I-T has also alerted its Air Intelligence Units (AIUs) in these states to keep a check and intercept huge cash movement from airports.

Representatives of all the recognised political parties of these states will also meet Chief Election Commissioner V S Sampath and other senior EC authorities tomorrow in order to discuss various issues related to funding during the polls.

The EC has also directed the elite Financial Intelligence Unit (FIU), functioning under the Finance Ministry, to sift through their records for any suspect instance of information about the assets and liabilities of candidates participating in the polls or suspicious transactions in banking channels.

The FIU receives regular Suspicious Transaction Reports (STRs) and Cash Transaction Reports (CTRs) from banks, insurance companies and intermediaries as per regulations stipulated under anti-money laundering laws.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - About Us

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