Tag: tax evasion

In a significant revelation, Finance Minister Nirmala Sitharaman disclosed that tax authorities successfully uncovered Rs 200 crore worth of tax evasion using WhatsApp messages as evidence. This revelation came as she defended the New Income-Tax Bill, which seeks to grant tax officials broader powers to investigate and prosecute …

1. The Income Tax Department has detected tax evasion of more than Rs 700 crore after it recently raided 60 locations of a Chennai-based conglomerate that is widely being understood as the Chettinad Group. 2. The Central Board of Direct Taxes (CBDT) which is the administrative authority for …