Appeal on Assessment Made Under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act was Pending for No Reason: Calcutta HC directs CIT(A) to Adjudicate Appeal
The Calcutta High Court directed CIT(A) to adjudicate the appeal, as the appeal on assessment made under Black Money (Undisclosed Foreign Income and...
![Income Tax Evasion: Calcutta HC upholds 90 Assessment Orders relating to Penny Stock Scam worth Rs. 38,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Evasion-Calcutta-HC-Assessment-Orders-Penny-Stock-Scam-taxscan.jpeg "Income Tax Evasion: Calcutta HC upholds 90 Assessment Orders relating to Penny Stock Scam worth Rs. 38,000 [Read Order]")
Alleged Black Money in Foreign bank accounts: ITAT deletes Addition against CA for want of Beneficial Interest in Company [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) deletes addition on account of Black Money in Foreign bank accounts with HSBC as the assessee has no beneficial interest in the company....
![Alleged Black Money in Foreign bank accounts: ITAT deletes Addition against CA for want of Beneficial Interest in Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/HSBC-Bank-Black-Money-Foreign-bank-accounts-ITAT-CA-Taxscan.jpg "Alleged Black Money in Foreign bank accounts: ITAT deletes Addition against CA for want of Beneficial Interest in Company [Read Order]")
Plea in Supreme Court seeking Life Imprisonment for Bribery, Black Money, Benami Property, Tax Evasion etc...
A Public Interest Litigation (PIL) has been filed before the Supreme Court seeking a direction to the Centre to ascertain the feasibility of confiscating black money, Benami properties, and...
Income Tax Department is back after 3 months, to connect with Assessees facing probe [Read Letter]
The Income Tax Department, after a gap of three months, will once again start sending communications to assessees facing investigation or proceedings under the Income Tax Act, black money, or Benami...
![Income Tax Department is back after 3 months, to connect with Assessees facing probe [Read Letter]](https://www.taxscan.in/wp-content/uploads/2020/08/Income-Tax-Department-Assessees-Taxscan.jpg "Income Tax Department is back after 3 months, to connect with Assessees facing probe [Read Letter]")
Govt notifies Special Courts to Try Offences relating to Disclosure of Particulars by Public Servants in Punjab and Haryana [Read Notification]
The Central Government, on last week issued a notification to form special Courts in Punjab and Haryana in order to try the offences relating to the disclosure of particulars by the public servants...
![Govt notifies Special Courts to Try Offences relating to Disclosure of Particulars by Public Servants in Punjab and Haryana [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/03/Special-Courts-Public-Servants-Taxscan.jpg "Govt notifies Special Courts to Try Offences relating to Disclosure of Particulars by Public Servants in Punjab and Haryana [Read Notification]")
![CBDT extends deadline of Compounding of Direct Taxes Offences [Read Circular]](https://www.taxscan.in/wp-content/uploads/2019/10/DIN-System-CBDT-Taxscan.jpg "CBDT extends deadline of Compounding of Direct Taxes Offences [Read Circular]")
India and Switzerland holds Secretary-level Bilateral Meeting to discuss enhanced cooperation in fight against Tax Evasion
Fighting the menace of Black Money stashed in offshore accounts is a key priority area for the Government of India. Following the agreement between Prime Minister Narendra Modi and Swiss President Mr...
