- Tag results for Tax evasion
Egypt froze Aboutrika's assets in 2015 and placed him on a no-fly list in 2017 over allegations of links to the outlawed Muslim Brotherhood, labelled a terrorist organization.
As many as 20 fake firms spread across Andhra Pradesh and Telangana are identified and one such firm detected, for instance, is registered with GSTN in the name of a sanitation worker.
Ravindranath is a senior TDP leader and owned petrol filling and gas filling stations.
I-T officials reportedly drawn from neighbouring Telangana and Odisha and also from Chennai and Bengaluru reached Visakhapatnam on Wednesday night itself.
According to sources, the Tax department officials found irregularities in the income they generated by organising events and expenditure.
One of the firms identified by ITD officials is V V minerals of Tamil Nadu.
Following the Enforcement Case Information Report filed by the agency, Shivakumar and his associates are expected to be summoned to Delhi for questioning.
With most of the loose ends tied up with regard to Goods and Services Tax (GST), the revenue department has now decided to focus on enforcement with a view to shore up revenues by checking tax evasion
BJP spokesman Sambit Patra said in fact, time has come for Rahul Gandhi to "surrender" before the country and explain why after so much of defalcation "you can give a call for Bharat Bandh".
Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said that the department has faith on the income taxpayers, but will not allow evaders to scot-free.
The opposition parties had used the I-T raids to target the AIADMK government alleging that it exposed corruption in award of tenders and a nexus between the highway contractor and party sympathisers
The Customs on Saturday arrested the CEO of Plus Max, which was operating a duty-free shop at the Trivandrum International Airport, for alleged tax evasion and illegal sales of liquor.
More skeletons may tumble out of duty free shop if tax evasion at Trivandrum Airport is not compromised
However, Customs Commissioner Sumit Kumar told Express the department would go ahead with the probe and bring all the accused involved in the crime before the court of law.
Even as the Income Tax department has warned against tax evasion, a government estimate has pegged the share of arrears locked in litigation at more than 85 per cent.
In a single-page advisory issued on Wednesday, the department said such attempts aided and abetted by unscrupulous intermediaries have 'been noted with concern'.