Miscellaneous News


India and USA agree on a transitional approach on Equalisation Levy 2020

   25 November 2021 at 07:00

India and United States have agreed that the same terms that apply under the October 21 Joint Statement shall apply between the United States and India with respect to India's charge of 2% equalisation levy on e-commerce supply of services

Posted in Miscellaneous |   1863 Views


India & World Bank sign loan agreement to improve quality of learning for over 50 lakh students across Andhra Pradesh

   24 November 2021 at 09:56

The Government of India, Government of Andhra Pradesh and the World Bank on 18th November 2021 signed the legal agreements for $250 million for a project which aims to improve quality of learning for over 50 lakh students in the state of Andhra Pradesh.

Posted in Miscellaneous |   1524 Views


Income Tax Department conducts search and seizure operation in Gujarat

   21 November 2021 at 19:34

The Income Tax Department has carried out a search and seizure operation on a prominent group engaged in manufacturing of chemicals and development of real estate on 18.11.2021.

Posted in Miscellaneous |   1869 Views


Income Tax Department conducts search and seizure operations in West Bengal

   19 November 2021 at 08:35

The Income Tax Department carried out search and seizure operations on 16.11.2021 on a prominent Kolkata based group engaged in manufacturing of cement and real estate. The search action covered 24 premises spread over Kolkata, Delhi and places in th

Posted in Miscellaneous |   1674 Views


IT Department conducts searches at a Fintech Company in Delhi and Haryana

   17 November 2021 at 17:47

The Income Tax Department carried out search and seizure operations on 09.11.2021 in the case of a Fintech company providing instant short term personal loan through Mobile App.

Posted in Miscellaneous |   1713 Views


Income Tax Department conducts searches in Pune, Andhra Pradesh and Telangana

   16 November 2021 at 19:46

The Income Tax Department carried out a search and seizure operation on Pune, Andhra Pradesh and Telangana

Posted in Miscellaneous |   2064 Views


Income Tax Department conducts searches in Gurugram

   15 November 2021 at 19:57

The Income Tax Department carried out search and seizure operations on 10.11.2021 on two groups, one engaged in real estate and hospitality and the other, a tools and equipment manufacturing group at Gurugram.

Posted in Miscellaneous |   1920 Views


Income Tax Department conducts search and seizure operations in Maharashtra

   07 November 2021 at 09:02

The Income Tax Department carried out search and seizure operations on 27.10.2021 at the Headquarter and one of the branches of an Urban Credit Cooperative Bank located in Maharashtra

Posted in Miscellaneous |   2076 Views


Income Tax Department conducts searches in J&K and Punjab

   06 November 2021 at 08:30

The Income Tax Department carried out search and seizure operations on 28.10.2021 in the cases of persons engaged in the business of processing & trading of dry fruits. 

Posted in Miscellaneous |   1833 Views


Income Tax Department conducts searches in Rajasthan

   04 November 2021 at 19:50

The Income Tax Department carried out search and seizure operations in border districts of Rajasthan on 28.10.2021 covering 33 premises at different locations, where the groups are carrying on business of real estate, sand-mining and liquor trade.Dur

Posted in Miscellaneous |   1698 Views