« Top Headlines » Open DEMAT Account in 24 hrs  ITR filing deadline extension now demanded by this Tax Bar Association due to many issues including technical glitches with ITR portal  GST Rule Changes for FY 2025 26  Income tax return filing 2025: Five ITR mistakes that can trigger an income tax notice in 2025  ITR filing What is updated income tax return and ITR U Who can file & what you can t change - top points to know  Shifted to new tax regime? Here are 5 investments you shouldn't drop  Auditing and Assurance Standards Board Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects. «  CAs may be roped... Tax rate may be set at 16%- Pranab... » HC frowns at roving tax inquiry June, 11th 2009 Here's relief for companies who live in fear of surprise raids from the I-T department. The Delhi high court said tax personnel cannot resort to snooping on companies as it amounts to 'invasion of privacy'. The court termed a search operation by the department as a "serious invasion of privacy and freedom of citizens'' and held that the department can't indulge in "roving or fishing" exercises. The observations came in a case pertaining to a search operation on infrastructure major EMMAR MGF in 2007 when tax officials seized two laptops from the company's auditing and accounting firm. The laptops contained information pertaining to other clients, including Maytas, which was promoted by kin of Satyam founder Ramalinga Raju. The court held since the exercise of the power is "an invasion" on the rights of the taxpayer, it must be exercised only for purposes for which the law permitted it to occur.