Under the income tax act, those taxpayers who need to get their accounts audited by a chartered accountant are required to file the tax audit report with the I-T department by September 30.
The new chief commissioner said his officers aim to achieve a target of Rs 31,495 crore in tax collections this financial year.
Co-location DC means a specialist, standalone data centre facility typically operated by a third-party provider for multiple occupiers.
Chief Secy asks departments to utilise project funds within scheduled time
Sonkar died 18 months back owing to cardiac arrest during 2nd wave of the pandemic.
Vasundhara Sinha belongs to 1988 batch of the Indian Revenue Service.
They said the accused owns several dubious firms/companies such as All India Transport Services, CKS Acoustics and GDS Associates.
NDTV said RRPR Holding and the company has received a letter from Vishvapradhan Commercial Private Ltd (VCPL) informing that the Adani Group firm had approached the IT department on the issue.
The Ministry of Home Affairs denied Oxfam India its FCRA renewal licence in December 2021 at a time when it was conducting one of the largest civil society responses to the Covid crisis.
"We are committed to working with the authorities to address any questions they might have. We remain committed to our mission to provide rigorous research to policymaking in India," it said.
The Income Tax department on Wednesday conducted raids and surveys in various states in separate cases related to alleged tax evasion, FCRA violations, and illicit funding.
Earlier, after toppling the Congress-Shiv Sena coalition government in Maharashtra, several party leaders including CM Gehlot had indicated that the next target of central agencies would be Rajasthan.
The exact reason for conducting the survey, where only business premises are covered by the taxman, was not known.
Chhattisgarh Chief Minister Bhupesh Baghel told reporters at the Raipur airport that he had already predicted raids by the Income Tax and the Enforcement Directorate.
A coordinated action has been launched by the tax department against the RUPPs, their linked entities, operators and others, the sources said.
It sees India’s debt burden stabilising around 80% of the GDP, which is still higher than similarly-rated countries.
Finance Act 2022 introduced a new provision for filing Updated Income Tax Returns under section 139 (8A) of the Income-tax Act, 1961.
Sharing similar views, Sudit K Parekh & Co LLP Partner Anita Basrur said Section 281 applies when there is a transfer of an asset or when a charge is created on an asset.
Stating that he is always with the farmers, Chief Minister Naveen Patnaik assured them that they will be provided compensation for crop damage in the recent floods as early as possible.
India currently has per capita income of USD 2,000 and is categorised as a lower middle-income country.