Ministry of Finance Income Tax Department conducts searches in Tamil Nadu Posted On: 04 MAR 2021 The Income Tax Department carried out search and seizure operations on 03-03-2021on two groups of civil contractors in Southern Tamil Nadu. Searches and surveys…
Ministry of Finance Income Tax Department conducts searches in Hyderabad Posted On: 01 MAR 2021 The Income Tax Department carried out search & seizure operations on 24.02.2021 on a major Pharmaceutical group based out of Hyderabad. This Pharmaceutical group is…
Ministry of Finance Income Tax Department conducts searches in Tamil Nadu Posted On: 28 FEB 2021 The Income Tax Department conducted searches on a prominent business group located in Chennai on 26.02.2021. Search was conducted at 11 premises and surveys…
Ministry of Finance Income Tax Department conducts searches in Tamil Nadu Posted On: 07 MAR 2021 12:52PM by PIB Delhi The Income Tax Department carried out searches on 04.03.2021 in the case of two Chennai based groups, one of which…
Introduction Chapter XXII (Section 275 to 280) deals with offences and prosecutions under the Income Tax Act, 1961. Section 234 A, 234 B and 234 C deals with levy of interest. Further, there are certain provisions which determine penalties for…
1. Stranded Resident Indians The taxability of a person depends upon his/her residential status in that particular financial year in a particular country. As per section 6(1) of the Income Tax Act, 1961, a person is considered as a resident…
Buying property is dream come true for buyers. Every person wants to earn and purchase property which he or she can own in his or his family members and loved one name. Buyers invests his hard-earned money in buying property…
