« Top Headlines » Open DEMAT Account in 24 hrs  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR  ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief  ITAT Delhi Quashes Tax Notice on AMU PG Student’s ?18.34 Lakh Stipend, Declares It Tax-Free Under Section 10(16)  Advance tax deadline September 15: What happens if you missed the previous instalment payment?  How much gold jewellery can you keep at home? Nagpur ITAT explains rules on ownership, gifts, taxability  ?5.31 lakh TDS refund allowed by ITAT Delhi: Why absence of an original ITR did not block the taxpayer  Missed the ITR Filing Deadline? How to Claim Your Income Tax Refund and Correct Mistakes Before December 31, 2026  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  Income-Tax Department Moves to Bring Greater Certainty to International Tax Cases «  Beware! I-T sleuths are keeping a watch... FinMin appoints transaction advisors for PPP projects... » Moscow court targets Russneft oil tycoon over tax claim August, 29th 2007 A Moscow court issued an arrest warrant on Tuesday for the former chief executive of Russian oil group Russneft, who is accused of tax evasion, a court spokeswoman said. The spokeswoman said she was unable to say whether the oil executive, Mikhail Gutseriyev, was still in Russia. The billionaire resigned in July from Russneft, one of Russia's top ten oil producers, after writing to employees to complain of an "unprecedented hounding" by the Russian government. His associates have also been personally accused of fraud and illegal activities, and the tax authorities are questioning some of Russneft's transactions. Gutseriyev said in his letter to employees that he planned to sell his holding in the group to Basic Element, a holding company controlled by the pro-Kremlin businessman Oleg Deripaska. Basic Element last month applied for permission with Russia's competition authorities to acquire Russneft, which accounts for about three per cent of Russia's crude output. Local press reports have indicated that Basic Element was offering about $ 6.5 billion (4.8 billion euros) for the company. Reports in the Russian press have also claimed that Gutseriyev's son, Chingiskhan, died in a Moscow car accident last week. The case has echoes of the Yukos affair, in which Yukos, once Russia's biggest oil group, was hit with backdated tax claims that backrupted the group and led to the imprisonment of its boss, Mikhail Khodorkovsky. Russian President Vladimir Putin has led a drive to bring Russia's strategic energy and natural resources industries under state control.