Bitcoin Holders are under scanner of Income Tax Department for suspected Tax Evasion
Around 4-5 lakhs notices are reportedly issued by Income Tax Department in order to seek the financial details of bitcoin holders and other...
![Original Owner can be Assessed when he Leased Out Property to Family Members and then Sub-leased to Others to Evade Tax: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "Original Owner can be Assessed when he Leased Out Property to Family Members and then Sub-leased to Others to Evade Tax: SC [Read Judgment]")
![Delhi HC Slams Practice of Undervaluing Immovable Property for Tax Evasion [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "Delhi HC Slams Practice of Undervaluing Immovable Property for Tax Evasion [Read Judgment]")
Tax Evasion over Rs. 5cr is a Non-Bailable Offence under the GST: CBEC issues FAQs on GST [Read FAQs]
The Central Board of Excise and Customs (CBEC) recently issued Frequently Asked Questions (FAQs) on GST. The 223-page FAQs contained some significant facts on GST. As per the new released FAQs, the...
![Tax Evasion over Rs. 5cr is a Non-Bailable Offence under the GST: CBEC issues FAQs on GST [Read FAQs]](https://www.taxscan.in/wp-content/uploads/2016/08/GST-Tax-Scan.jpg "Tax Evasion over Rs. 5cr is a Non-Bailable Offence under the GST: CBEC issues FAQs on GST [Read FAQs]")
Income Tax dept. unearthed Undisclosed Income of worth Rs. 45,622 Cr, says MoS Santosh Kumar Gangwar
As part of enforcement measures and based upon credible evidence of tax evasion and other serious violations of provisions of the Income-tax Act, 1961, Income Tax Department (ITD) conducts searches in...
Sec 52 of the UP VAT Act cannot be used for Tax Evasion, or to Perpetuate Fraud, says Allahabad HC [Read Judgment]
In the recent decision, the Allahabad High Court found that the transaction alleged to have been effected by the respondent-assessee was not genuine and the invoices accompanying the goods, the TIN...
Govt’s measures to eliminate Tax Evasion is expected to have a positive impact both on GDP and Fiscal Consolidation, says Arun Jaitley
Arun Jaitley Chairs the Sixteenth Meeting of the Financial Stability and Development Council (FSDC) held in national capital today. The Union Finance Minister Arun Jaitley said though the world...
