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Gang posing as I-T officials, wearing fake identity cards barged into the shop at Pot Market in Secunderabad and robbed 1,700 grams gold bars worth Rs 60 lakh, by confining the workers, and fled
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The operation that began at the British Broadcasting Corporation (BBC) offices in Delhi and Mumbai around 11:30 am on Tuesday has clocked more than 45 hours now, officials said.
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"I would need to refer you to Indian authorities for the details of this search," State Department Spokesperson Ned Price said in a response to a question at the daily press briefing.
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Presenting her budget on February 1, 2023, Sitharaman said the new IT regime will be the default one but those tax payers wanting to continue with the old one can still do so.
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The budget was prepared giving priority to seven sectors, but the issues related to the states were not mentioned, he stated.
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About 20 teams of IT officials were conducting simultaneous searches at 18 locations in Gachibowli, Mindspace, Bachupalli, Chandanagar, Kokapet, Babukhan LakeFront villas and other places in Hyderabad.
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The I-T officials have again asked Ch Bhadra Reddy, younger son of Minister Malla Reddy and his relative M Rajasekhar, to present themselves for investigation on Wednesday.
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Malla Reddy and his younger son Bhadra Reddy had lodged a complaint against the I-T officials for forcibly taking signatures from the Minister's elder son Mahender Reddy on documents which mentioned that black money was found in his possession.
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During the last four decades (1980-2020), the average profit of industries grew nearly 50 times, number of factories too doubled during the last decade compared with the rest of the decades. And yet, manufacturing reaching its potential fifth position in the world as predicted by BCG in 2013 remains distant
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Hyderabad: M Samhith Reddy hit 51 as India Cements defeated Income Tax by three wicket sin the knockout phase of the Nawab MAK Pataudi T20 Tiger Cup, on Tuesday. Brief Scores: Concorde 85/9 in 10 overs (G Arjun 3/19) bt Balaaji 68/6 in 10 overs (E Geeta Krishna 33); Balaji Colts 110/5 in 20 overs […]
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Hyderabad: Industries Minister KT Rama Rao sought to know as to how many Enforcement Directorate, Income Tax and CBI raids were conducted on BJP leaders during the last 8 years. How many ED, IT & CBI raids on BJP leaders or their kith & kin in last 8 years? Kya Sab Ke Sab BJP waale […]
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Hyderabad: TRS President and Chief Minister K Chandrashekhar Rao slammed the BJP-led union government for forcing the banks to write off Rs 11 lakh crore of people’s money from the books for the benefit of their corporate friends, but refusing to spend a few thousand crores of rupees for the benefit of farmers. He ridiculed […]
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But income tax is an important legal provision, and we should follow it honestly. However, as far as possible within the scope of the law, we should make the effort to minimize the tax liability through good planning. Hope this article enlightens the facts to our readers in this regard.
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Hyderabad: Former Hyderabad Ranji captain P Akshath Reddy scored 146 in 110 deliveries to guide Income Tax to a 72-run win over Evergreen Cricket Club in the final of the HCA A1 3 day one-day knockout tournament on Sunday. K Vamshi Krishna scored 94 while G Vikram Naik hit 52 for Evergreen Cricket Club. Brief […]
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Hyderabad: M Shashank scalped four wickets as Income Tax defeated Zinda Tilismath by six wickets to enter the final of the HCA A1 3 Day one-day knockout tournament, on Thursday. For Income Tax, Sarthak Bharadwaj top-scored with 47 runs. Brief Scores: Zinda Tilismath 167 in 41 overs (M Shashank 4/34) lost to Income Tax 170/4 […]
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Hyderabad: Former Hyderabad Ranji captain P Akshath Reddy scored 78 as Income Tax defeated Balaaji CC by four runs in the quarterfinal match of the HCA A1 3day one-day knockout tournament at ECIL, on Tuesday. Batting first, G Arjun and Geeta Krishna scalped four wickets each to skittle out Income Tax to 213 in 38.3 […]
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Hyderabad: Habeeb Ahmed slammed 72 while former Hyderabad Ranji skipper P Akshath Reddy slammed 55 as Income Tax defeated Khalsa by 81 runs in the HCA A1 Three Day One day Knockout Tournament on Wednesday. Shiva Bhaskaren picked up four wickets for 45 while Mohd Babillail scalped three wickets for 32 for the winners. Brief […]
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New Delhi: The Income Tax department on Wednesday conducted searches on several premises of Chinese mobile companies across the nation. These companies were allegedly violating rule and norms to evade taxes. They were on radar of several probe agencies, including the Income Tax department. Earlier, the Chinese firms who were allegedly running mobile loan application […]
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Ever since its June 7 launch, the revamped I-T portal developed by Infosys has which was suppose as to usher taxpayers into a new era of tax administration, has become a system generating heartburns
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Hyderabad: A search and seizure operation carried out by the Income Tax (I-T) Department on the premises of a city-based real estate and infra company on June 6 found projection of false losses of approximately Rs. 1,200 crore, for which the assessees will have to pay tax. During the course of searches, it was found […]