evasion

<!-- -->Authorities have detected GST evasion to the tune of more than Rs 8,100 croreIndore: Authorities have detected GST evasion to the tune of more than Rs 8,100 crore and it has been found that the offence was carried out through…

“We are not trying to target Cyprus, or Cypriot persons, or entities,” Fisher said. “What we are trying to do is go after networks. We are going after oligarchy networks, Kremlin-controlled networks and those that are enabling the illicit…

Media giant British Broadcasting Corporation (BBC) has acknowledged it may have paid lower taxes in India, a report by Hindustan Times has claimed. Two officials from the Central Board of Direct Taxes (CBDT) said BBC paid lower taxes than…

The company is engaged in developing, manufacturing and marketing a diverse range of pharmaceutical formulations. (Representative image)The company made its debut on the stock exchanges on Tuesday. It also launched its IPO this year. …

Representational image only. “The Income Tax Department on May 11 conducted raids on the premises of Mankind Pharma over allegations of tax evasion,” official sources said.“Company premises and plants in Delhi and nearby locations are…

Gameskraft Technology Private Limited (GTPL) has also been accused of promoting online betting through various games. Karnataka High Court today, on May 11, axed a GST notice that was issued to Bengaluru-based games company, GamesKraft—for…

Many times a taxpayer may try to reduce the tax liability by underreporting or misreporting of income. (Representative image)Income Tax: Some of the penalties are mandatory and a few are at the discretion of the tax authorities. Under the…

<!-- -->Online betting and gambling apps can be freely downloaded. (File)New Delhi: Tax officers have detected violation of GST law by offshore entities offering online betting and gambling platforms to Indian residents through mobile…

MeiTY earlier this month notified norms for the online gaming sector, which categorically prohibits all such games involving betting and wagering. (Representative image)There are many offshore entities providing platforms for online betting…

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