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: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: ACCOUNTING STANDARDS :: VAT Audit :: cpt :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS
 
 
« Indirect Tax »
 Grey areas remain for foreign investors on tax issues
 GST: New indirect tax regime to remove inter-state barriers, stimulate exports, says Nirmala Sitharaman
 Cabinet Approves 4 GST Supplementary Bills
 GST Council approves all five draft bills ahead of new indirect tax regime
 CAG questions income tax deparment’s ability to probe shell companies
 Income from MF investments must be shown in income tax returns
 Indirect tax higher than direct tax revenues in April-Feb
 Many foreign investors reach out to tax experts about indirect transfer of shares provisions
 How changes in capital gains norms impact your portfolio
 It's time to really pull up India's out-of-control banks
 Quest to widen direct tax net

Income Tax department deputes special team to transcribe Radia tapes
September, 13th 2012

The Income Tax department has deployed a special team to transcribe the remaining recordings of the telephone conversations of corporate lobbyist Niira Radia after the Supreme Court had recently directed it to do so.

The department, according to sources, had earlier gone into the details of only those portions of recordings which it suspected related to alleged tax evasion.

Sources said the entire conversation would be transcribed by the team within the apex court stipulated time of two months.

The Supreme Court had last week directed the Income Tax (I-T) department, which had intercepted 5,800 telephone conversations of Radia, to get them transcribed within 2 months for a proper probe as some of them concern national security.

The department had earlier decided to hand over the remaining portion of the recordings to CBI which was carrying out its probe in the 2G spectrum allocation case on the basis of the transcribed recordings the I-T had given to them.

A Bench of justices G S Singhvi and S J Mukhopadhaya had expressed unhappiness over the fact that the probe into the incident was moving on the basis of the "analysis" of the transcript provided by the income tax department to CBI.

The bench had said "since certain intercepted conversations concern national security and there are some about the fiscal transactions which are dubious, so much needs to be done."

"It is a much more serious matter," the bench had emphasised and said "it will be appropriate that all recordings are transcribed".

The conversations were recorded as part of surveillance of Radia's phone on a complaint to the Finance Minister on November 16, 2007 alleging that within a span of nine years she had built up a business empire worth Rs 300 crore.

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

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