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Taxpayers take note! The Income tax department plans to initiate a countrywide action against defaulters who have not deposited their TDS/TCS, according to officials. Based on tax deductions in FY 22-23 and FY 23-24, nearly 40,000 taxpayers are being investigated.
The Hon’ble Madras High Court in the case S. Geetha held that a Bonafide purchaser of property bought without knowledge of tax arrears can challenge an order under section 81. However, the bonafide nature must be proved.
The Panvel Municipal Corporation (PMC) has served 108 attachment notices in the last two days to property tax defaulters as part of its crackdown, and the move has started yielding results. The defaulters have started clearing their dues, with the…
Amid crackdown on rackets involved in fake drug trade in the state, close to two dozen stockists and wholesalers have come under scanner of tax officials for defaulting payment of Goods and Services Tax (GST). Official sources said the Commissionerate…
In a surprise inspection the TDS wing of Income Tax department in Bhopal carried out searches at four district mining offices in the state on Friday. During the search, the I-T sleuths detected defaults aggregating to over Rs 2500 crore.…
The CGST Bhiwandi commissionerate has arrested a former senior Shiv Sena corporator Sanjay Bhoir of Thane Municipal Corporation for not paying service tax liability of about Rs 2.3 crore. He has been remanded in judicial custody till March 9. Bhoir…
Officials of the Himachal Pradesh State Excise Department inspected a unit of the Adani Group in Parwanoo late Wednesday. The state department officials inspected the carrying and forward (C&F) unit of Adani Wilmar company based in Solan. As per initial…
The Finance Secretary-cum–Secretary Excise & Taxation, UT, reviewed tax collection under GST and efforts made under the GST Act during an extensive review meeting on GST and Excise issues here. He applauded the GST wing for growth in GST collection…
BBMP Chief Commissioner Gaurav Gupta on Friday said that all methods are being adopted to bring defaulters into the tax ambit. He said drones and even GST numbers will be used to check on them. Speaking to the media on…