As an I-T 'survey' in the BBC offices, located in Delhi and Mumbai, is going on, Congress on Tuesday reacted sharply and accused the government of showing a 'dictatorial' attitude.
In her Budget speech, finance minister Nirmala Sitharaman announced an agriculture accelerator fund, which will be set up to encourage agri startups by young entrepreneurs in rural areas.
Directorate of Enforcement (ED) on Friday, in the TDS refund, case attached 32 immovable and movable properties, worth Rs 70 crores, of Income Tax (I-T) department officials accused in the fraudulent issuance of Tax Deducted at Source (TDS) refunds worth Rs 263 Crore.
The Central Bureau of Investigation (CBI) on Wednesday mentioned in the Supreme Court a plea challenging a Gujarat High Court's decision granting anticipatory bail to Additional Commissioner of Income Tax Ahmedabad, Santosh Karnani, who has been accused in a corruption case.
According to sources, the accused had not appeared for their recruitment examination. Instead, they had arranged dummy candidates to appear for these examinations and thereby deceived Staff Selection Commission and were selected for the post of MTS and Stenographers in the Income Tax Departm
According to the finance ministry, income tax department has sped up the issue of refunds till November in fiscal 2022-23 (FY2022-23) compared to the corresponding period in 2021. Refunds amounting to Rs 2.15 lakh crore were issued between April 1, 2022, and November 30, 2022.
"The way illegal acts are coming to the fore during questioning of people by ED and Income Tax officials, they are not acceptable at all," said Chhattisgarh CM
These searches were carried out at more than 30 premises spread over Patna, Bhagalpur, Dehri-on-Sone, Lucknow and Delhi, according to a statement from the ministry of finance.
The complainant had alleged that his firm is engaged in the manufacturing of electric switches in Maharashtra, however, income tax assessment of the said firm was being done at the office of income tax at Mandsaur (MP).