Comments have been invited on three aspects-- revenue threshold of transaction in respect of physical goods or services carried out by a non-resident in India
The firm, Kaleesuwari Refinery Private Limited, manufactures Gold Winner brand of edible oils
Tax dept examining discrepancies in the disclosures made by ODI issuers
2,59,831 ITRs have been e-verified in this fiscal using the Aadhaar, says I-T official
Non-compliance will result in blocking of clients' accounts, and transactions will be barred
Over 9 lakh responses have come in I-T department's e-filing portal
Your investments, spends and big purchases are being tracked more closely now
On January 31, the tax department had launched Operation Clean Money
Besides, banks have also been directed to ask account-holders who have not furnished PANs or Form 60
The businessmen have sand mining licence for the entire state of Tamil Nadu
While no official statement has been made, sources say a large amount of tax evasion has been discovered
Tax authorities find mismatch in declarations made under last year's black money foreign disclosure window and assets owned outside India
The idea is to cut litigation, lower the cost of collection and prioritising of bigger defaulters