
Income Tax Department: Verification operation to curb fraudulent ITR filing
The Verification Operation will aid in dismantling the networks behind the fraudulent schemes and ensure accountability under law.
The Verification Operation will aid in dismantling the networks behind the fraudulent schemes and ensure accountability under law.
Indian National Congress objected to the tax reassessment proceedings stating that they are time-barred.
Supreme Court permitted Union Government to encash the amount of Rs. 2,956 Crores comprising of Rs 1,500 Crores offered by way of cash and Rs. 1,456 Crores towards Fixed Deposit Receipts (FDRs).
“According to the plaintiff, the defendants’ activities pose a huge threat to human life owing to the defendants’ non-compliance with stringent quality check on the efficacy and safety of the products that has been maintained by the plaintiff.”
Madras High Court: The Bench of P.N. Prakash, J., in a criminal revision case preferred in respect of setting aside the order