What to do in Income Tax Raid by CA Suresh Wadhwa

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  • Опубликовано: 30 окт 2024

Комментарии • 125

  • @nehawadhwaaccountseconomic3520
    @nehawadhwaaccountseconomic3520 5 лет назад +15

    Amazing, most practical knowledge & experience shared by you. Thank you, Sir!

  • @TaxBulls
    @TaxBulls 2 года назад +3

    Income Tax Department conducts searches in Mumbai
    Posted On: 03 MAR 2022 1:22 PM by PIB Delhi
    The Income Tax Department carried out search and seizure operations on 25.02.2022 on certain contractors executing contracts of Brihanmumbai Municipal Corporation (BMC), a prominent person and their close associates. In all, more than 35 premises in Mumbai have been covered during the search operation.
    The preliminary investigation indicates that these contractors have evaded income to the extent of Rs. 200 crores on account of the above malpractices.

  • @TaxBulls
    @TaxBulls 2 года назад +2

    Income Tax Department conducts searches in a major Telecom Group
    Posted On: 03 MAR 2022 2:30 PM by PIB Delhi
    The Income Tax Department conducted search & seizure operations on a multinational group, engaged in distribution of telecom products and providing captive software development services, on 15.02.2022. The ultimate shareholding of the group lies with a foreign entity of a neighbouring country. The searches, which were spread across Delhi, Gurugram and Bengaluru covered the main business premises and also the residential premises of the key office bearers.
    The preliminary investigation indicates that the Group is seem to be evading income to the extent of Rs. 400 Crores.

  • @mohdzaeem3242
    @mohdzaeem3242 5 лет назад +5

    Bhai bhut axa sikha aapse aj apki video dekh kar or bhut kuch sikhne ko mila apse aj

  • @monikagarg5461
    @monikagarg5461 6 лет назад +6

    What a finest information you have shared from your experience Sir! Thank you soo much! Kindly share more videos on such crucial subjects.

  • @shaikhmohammedsharfuddin5237
    @shaikhmohammedsharfuddin5237 6 лет назад +5

    It's a very good video but it would be better, if you mention the sections under which your information falls. So that we can also say to any officer, if anything happened.You can also state the case laws name or link in your videos. Please think about it. It will improve our confidence.

  • @TilakMinocha
    @TilakMinocha 6 лет назад +6

    Very useful information. Toughest topic explained in simple and understandable manner

  • @shraddhajain7526
    @shraddhajain7526 6 лет назад +20

    sir pls provide more videos on these type of topic

    • @rituraj8471
      @rituraj8471 4 года назад

      Which is bro ca job is better income tax officer

    • @rupeshbh
      @rupeshbh 2 года назад

      😝😝😝😝

  • @TaxBulls
    @TaxBulls 2 года назад +1

    Income Tax Department carried out search and seizure operations on 2 leading real estate groups of Bengaluru and Hyderabad, engaged in the business of construction/sale/leasing of commercial/residential space, and educational and hospitality services. The search action covered more than 40 premises located in Bengaluru, Hyderabad and Chennai.
    The amount of undisclosed capital gains is estimated at more than Rs. 400 crores. So far, the search action has led to the seizure of undisclosed cash of Rs 3.50 crore and gold, silver, jewellery worth Rs. 18.50 crore.
    Further investigations are in progress. | Press Release: Ministry of Finance dated July-11-2022

  • @sharkandassociates487
    @sharkandassociates487 2 года назад +1

    Income Tax Search on July-07-2022:
    The Income Tax Department carried out search and seizure operations on a group engaged in the business of mining, processing and trading of black stones. The search operation covered more than 15 premises located at Bhubaneswar, Jajpur, Cuttack, Dhenkanal, Keonjhar, Hyderabad, Kolkata, Gurugram, Noida etc. The seized documents contain systematic details of cash sales and bogus sundry creditors exceeding INR 80 crores. The group is found to have made huge unaccounted investments in acquisition of properties. The search action has led to seizure of unaccounted cash, jewellery & bullion exceeding Rs.1 crore.

  • @rakeshkesarwani6880
    @rakeshkesarwani6880 6 лет назад +6

    Thanks sir.. It's really appreciated... And knowledgeable as well.... Please provide guidelines regarding further process.... I am CA student..
    It's really value addition for me.... Thanks sir.... Once again....

  • @ashvinsakariya612
    @ashvinsakariya612 6 лет назад +3

    Your Advice very useful, Thank you sir ji.

  • @pandeygaurav2008
    @pandeygaurav2008 6 лет назад +6

    Amazing input and quite helpful. Keep on making and sharing such stuff

  • @lalitaupadhyay2090
    @lalitaupadhyay2090 5 лет назад +2

    Your work is appreciable shefali

  • @punitgupta5038
    @punitgupta5038 5 лет назад +5

    Millions of thanks to you

  • @TaxBulls
    @TaxBulls 2 года назад +1

    Income Tax Department conducts search and seizure operations in Haryana
    Posted On: 17 Jan 2022 5:53 PM by PIB Delhi
    The Income Tax Department had conducted a search and seizure operations on a diversified business group engaged in the manufacturing of plywood/plyboard, MDF board, inverter and vehicle batteries, and in the refining of lead on 11.01.2022. More than 30 premises spread across the cities of Yamuna Nagar, Ambala, Karnal, and Mohali have been covered in the search operation.
    The preliminary analysis of incriminating evidence indicates that this group has suppressed sales to the tune of Rs.400 crore in the last three years.
    The search action has resulted in seizure of unaccounted cash of more than Rs 6.60 crore and jewellery valued to the tune of Rs 2.10 crore. In total, 22 bank lockers have been kept under restraint and are yet to be operated.

  • @rannjeets
    @rannjeets 6 лет назад +5

    Thanks sir... The video is full of useful information.

  • @manojbaghel3203
    @manojbaghel3203 6 лет назад +7

    very nice ,fruitfully information thank you

  • @hindustani3905
    @hindustani3905 2 года назад

    every assessee has the right during search that he can check the identity card of each member of team and frisk of them.
    every married woman has right to hold 500 gram gold, unmarried girl can hold 250 gram and each married man member can hold 100 gram gold.
    every proceedings is done before assessee and witness.
    Income Team always maintain the dignity and decorum of the department

  • @spartacus9960
    @spartacus9960 Год назад +1

    I am an income tax officer.

  • @surakshaaursamriddhi6757
    @surakshaaursamriddhi6757 2 года назад +2

    Awesome! Thank you

  • @kinseysingh9064
    @kinseysingh9064 6 лет назад +2

    If the two witness is not av available, then can the search proceedings be carried out? ??? Please reply. ..

  • @saumyas.s9386
    @saumyas.s9386 4 года назад +5

    Thank you sir

  • @priyanshshrivastava77999
    @priyanshshrivastava77999 2 года назад +3

    आपको देख कर लग रहा है कि आपने बहुत से लोगो के tax को बचाया हैं😉

  • @92Nihar
    @92Nihar 6 лет назад +5

    Dear sir, if witnesse not available, what should do assessee and assesing officer. Many time people not agree to be witness

    • @sureshwadhwa7034
      @sureshwadhwa7034 6 лет назад +1

      The Witnesses are required to be selected/approved by the Authorized Officer only, though these are suggested by the Taxpayer only from his locality. The Authorized Officer can ask a person to become a Witness. A person can even be prosecuted as per law if he denies to act as a Witness without any reasonable cause available with him. Thanks!

  • @nehakirar552
    @nehakirar552 Год назад +1

    Sir kya witnesses ke mobile phones bhi rkh liye jaate h ?

  • @yogesh4098
    @yogesh4098 6 лет назад +4

    Well explain.... thanks Sir.....Ji..

  • @PardeepKumar-ko9th
    @PardeepKumar-ko9th 3 года назад +3

    Very nice sir

  • @sourabhbakliwal7684
    @sourabhbakliwal7684 6 лет назад +8

    Great sir... Please make more video

    • @rituraj8471
      @rituraj8471 4 года назад

      Ca job is better or income tax officer job is better

    • @sourabhbakliwal7684
      @sourabhbakliwal7684 4 года назад

      @@rituraj8471 obliviously Income Tax Officer ki

    • @rituraj8471
      @rituraj8471 4 года назад

      @@sourabhbakliwal7684 but some people say ca earns in crore

    • @sourabhbakliwal7684
      @sourabhbakliwal7684 4 года назад

      @@rituraj8471 But all people say that all Officer earn crore of Rupees

    • @rituraj8471
      @rituraj8471 4 года назад

      @@sourabhbakliwal7684 bro no online is come corruption is now gone 😞😞

  • @arush498
    @arush498 5 лет назад +5

    How to verify search team is genuine ?
    Like in Movie *SPECIAL 26* 🤔🤔

    • @sureshwadhwa7034
      @sureshwadhwa7034 5 лет назад +4

      Before the start of Search, the Taxpayer is very well entitled to check, verify and satisfy himself about the Identity of each and every member of the Search team. The Taxpayer is also well entitled to do frisking of the Search Team.
      He must verify the Original Search Warrant in order to verify it's genuineness. He can speak to the Superiors of the Authorized Officers.

  • @abhishekvats4719
    @abhishekvats4719 5 лет назад +1

    video recording ho sakti h...by mobile,cctv or any other means

  • @vickychaudhary1487
    @vickychaudhary1487 Год назад

    how to check income tax raid on any company...how we can get this data.
    I want to know about one company history.

  • @manojkumarpradhan8258
    @manojkumarpradhan8258 2 года назад +1

    The most Imp question is can media enter to Our private premises??

  • @onlineincomeideas3893
    @onlineincomeideas3893 2 года назад

    What should I do if I have left the Tax Evasion Petition file with my own details to complain to someone else?

  • @Sonu-zk9uq
    @Sonu-zk9uq 2 года назад

    Income tax notice 148A, d se kaise chutkara milega bina kisi accounting documents ke kyuki mere paas kuch bhi nahi hai because mujh par police case 420 in gst lage the mere sare documents misplaced hai or na hi koi assest bachi hai kya kare please suggest (Proprietar)

  • @priyanshshrivastava77999
    @priyanshshrivastava77999 2 года назад

    पकड़ा गया cash and jewellery and documents bad m taxpayer ko vapis milta h?

  • @tarungpatnaik2179
    @tarungpatnaik2179 6 лет назад +1

    Koi aam Janta ke ghar me khabi raid nahi hota unless he is evading tax for a long time . Privacy ki maa ki ankh when you act like a criminal be prepared to get treated like one

  • @thakordaxaben1570
    @thakordaxaben1570 4 года назад +1

    If the victim is ca /lawyer..so is it Accepteable??

  • @anujtyagi8907
    @anujtyagi8907 6 лет назад +4

    Thnx sir

  • @basemetalgroup2367
    @basemetalgroup2367 6 лет назад +4

    very nice

  • @vishukivines1326
    @vishukivines1326 2 года назад

    Sir agar kuch bhi found na ho or un logo ne ghr me jo nuksan kiye honge unka kya hoga

  • @Dinarah.
    @Dinarah. 5 лет назад

    Sir Maine Kabhi barhe amount mein kaam Nahi kiya agar main 1 ya 2 crore Ka order leta hu aur Apne current account mein mangwata hu to kya koi dikkat hosakti hai

  • @trilokpant8137
    @trilokpant8137 4 года назад

    Sir me pvt job karta hu
    mera naam aur pan card ka number kisi unknown ne chori karke gst no. Issue karakar ek nai company open ki hui hai aur usne billing bhi ki hui hai
    Please batayeye me kya karu

  • @pritombaruah5393
    @pritombaruah5393 6 лет назад +1

    Is Survey of income tax team different from search and Seizure?...Please give same video on it.

    • @sureshwadhwa7034
      @sureshwadhwa7034 6 лет назад +2

      Survey is a very milder action of the Department. Survey can happen ONLY AT THE BUSINESS PREMISES of the Taxpayer during business hours only and no assets can be seized during Survey. WHEREAS, Search is a very hard action undertaken by the Department. Search can happen and usually happens at all the premises of the taxpayer be it his residence, godown, factory and main business premises/ Show-room etc simultaneously. Search can start even at the mid-night as well there is no legal bar in this regard. thanks

    • @pritombaruah5393
      @pritombaruah5393 6 лет назад

      Thank you very much sir

  • @mehulmjain4966
    @mehulmjain4966 4 года назад

    Sir have been harassed by sale tax department every week they don't have any kind of paper documents they only come take my stock and also go through my statements my books of accounts and at the end they just go away because my business is completely legal but every Friday and wednesday in a month twice visit to my outlets and my office and my warehouse and
    I don't know what to
    please guide me
    And one more question
    sales tax department
    and
    income tax department
    both are same or different

    • @peterparker5003
      @peterparker5003 2 года назад

      Sale tax comes under state govt and IT comes under Central govt

  • @CAVinayMittal
    @CAVinayMittal 6 лет назад +4

    Perfect

  • @ManishSharma-kf1xr
    @ManishSharma-kf1xr 6 лет назад

    sir agar ek chota sa tatto ho top of the hand me toh agar us tatto ko remove krdia jaye toh kya officer ban skte hai.

  • @basumanas
    @basumanas 5 лет назад +1

    Sir main gst de chuke hai.Expens cash book main dekhai hai.Gst input Milne ke baad o balance sheet main assset hoga.?

    • @rituraj8471
      @rituraj8471 4 года назад

      Which is better ca job or income tax officer job

    • @FactCheckTV18
      @FactCheckTV18 2 года назад +1

      @@rituraj8471 CA

    • @rituraj8471
      @rituraj8471 2 года назад

      @@FactCheckTV18 but bro rbi grade b 30 lpa is far better than CA

  • @pradeepchitayen
    @pradeepchitayen 4 года назад

    Sir kya ek must gujara bhatta amount pr income tax lagega please help

  • @sukhdevdhaliwal6593
    @sukhdevdhaliwal6593 5 лет назад

    Sir aap hamee bataeee k ham kasee koi security market mei company ko register karavaa saktey hai and bhaaaa par aapney shares ko sell kar saktey hai,,,,,muze assi company banaani hai jis see mai real estate mei invest kar sakooo

  • @rajashekarreddyk1287
    @rajashekarreddyk1287 6 лет назад

    Namastey sir. Please guide me through
    Please could you let me know is it possible to start a business of agri commodity Trading , IT and Human resource services and construction contractors for govt all under one company name?
    Keeping all businesses mentioned above, is it good to go for OPC,LIP or Pvt Ltd ?? As far as tax on interest for borrowed money from friends and family for type of company module
    Please guide me through.
    Please let me know.

  • @capawanmachra6168
    @capawanmachra6168 6 лет назад +2

    I think by using "income Tax litigation expert" u will deemed to be guilty of professional misconduct under clause 7 part-I of first schedule to CA act 1949

    • @Panchnama.
      @Panchnama. 6 лет назад +3

      Q भाई पीछे पड़े हो 🤔🤔🤔

    • @pradeepkumarnb
      @pradeepkumarnb 5 лет назад +1

      Pawan.... Dilpe mathle yaar...

  • @palak5585
    @palak5585 3 года назад

    Why music sir ??? It is hurdle in concentration....

  • @APPTech-ci7ds
    @APPTech-ci7ds 6 лет назад

    Hello sir my self shubham mujhe kujh apse bat krni h gst k bare me kaise contact kru

  • @ansulagarwal1473
    @ansulagarwal1473 6 лет назад

    Income tax notice ane ke baad .nitice ka reply nai ksrne pe kya impact ho sakta hai

  • @sagargupta6209
    @sagargupta6209 6 лет назад

    Sir mera pnb me saving account tha jo ki student base pe khula tha
    Notbandi ke baad us account me 9 lakh ki transaction ho gyi jo ki mera dost usey use kr rha tha
    Toh jb m us account toh close krvane gya toh unhone mera aadharcard aur pancard ki copy le li thi aur account close krne ke baad bole tum jao income tax ke notice ka intejar kro
    Kya sir mujhe koi dikkat ho skti h
    meri glti yhi h ki mene apna account kisi aur ko use krne diya aur meri toh abhi koi income ka source bhi nhi h
    Please sir mujhe is baarey me kuch btayega ignore mt krna sir
    Please help me sir 🙏🙏🙏

  • @casantkumar323
    @casantkumar323 6 лет назад

    search team ki bhi talashi li ja sakti h kya...premise m entry karne se pehle taaki wo koi chiz chhipa na de

    • @sureshwadhwa7034
      @sureshwadhwa7034 6 лет назад

      Yes, the Assessee is absolutely well entitled to search the 'Search Team' before the start as well as at the conclusion of the Search Proceedings.

  • @ansulagarwal1473
    @ansulagarwal1473 6 лет назад

    Sir taxpayer jiske yaha raid hui hai. Agar taxpayer present na ho business premises par. To kya officer raid kar sakte hai

    • @sureshwadhwa7034
      @sureshwadhwa7034 6 лет назад +1

      Yes, the tax department is well entitled to conduct and complete their search operation even in the absence of "Person Searched", but obviously his relatives, employees would be available. Two Respectable Wittnesses would again have a key role to witness and upheld true & fair search operations.

    • @rituraj8471
      @rituraj8471 4 года назад

      @@sureshwadhwa7034 which is better ca job or income tax officer job ❓❓

  • @rizwannazish9255
    @rizwannazish9255 6 лет назад +1

    Sir there is movie of Bollywood in which the Ajay Devgan is hero movie name raid. My question? there was no eye witness during search and seizure

    • @nishantbansal9766
      @nishantbansal9766 6 лет назад +1

      Headmaster of the school in the area and one more govt officer was the witness

    • @sureshwadhwa7034
      @sureshwadhwa7034 6 лет назад +1

      Kindly see the movie again. Two Witnesses were very well available and were shown in the Movie. 2 Independent Witnesses are the backbone of the entire search proceedings.

    • @Deep01242
      @Deep01242 6 лет назад

      rizwan nazish
      See the Movie Again

    • @alpha___gamers1227
      @alpha___gamers1227 5 лет назад

      Hhindi Puri nahi aati keya Hindi bol nahit to English bol

  • @anishgupta9776
    @anishgupta9776 2 года назад +1

    Suppose mere papa ke ghar raid ayi hai, par ghar mai sirf mai akela hu toh kya mai officers ko ghar ke andar ane se mana kr sakta hu.

    • @TaxBulls
      @TaxBulls 2 года назад

      No, you can NOT Stop them at all. The raid shall proceed and shall be completed as usual even if the main Assessee is not in Town/ or in the Country.

    • @harshbharuka
      @harshbharuka 2 года назад

      Yes you can

    • @harshbharuka
      @harshbharuka 2 года назад

      Bolnae ka badmae aao

  • @mehulmjain4966
    @mehulmjain4966 4 года назад

    And also weight and measurement

  • @PankajKumar-uz7gy
    @PankajKumar-uz7gy 4 года назад +1

    Mst

  • @devildefeats9228
    @devildefeats9228 2 года назад

    Who’s here after 3 years because they got rich?

  • @rjadventure6811
    @rjadventure6811 2 года назад

    Bhai logo tax time pe bharo lalach na rekho or tension freereho

  • @4plannet
    @4plannet 5 лет назад

    AGAR SEARCH ME KUCH NAHI MILA AUR PERSON BEKASOOR NIKLA TO KYA WO IT PER MAAN HANI KA DAWA DAL SKTA HAI.

    • @bachpankapyar8397
      @bachpankapyar8397 5 лет назад

      Bilkul bhi nhi, IT department iss chiz ke liye authorised hai ki unhe jiss kisi pe bhi shak hota hai wo unpe enquiry/investigation kr skte hai... Ha lekin, IT department jb bhi kisi ke yaha raid krne jati hai to usse pahle us taxpayer & uske close relatives ki puri janm kundali nikal lete hai...

    • @rituraj8471
      @rituraj8471 4 года назад

      @@bachpankapyar8397 which is better ca or income tax officer job is better

  • @musically1931
    @musically1931 3 года назад +1

    i had to watch this video in 2x😂😂

  • @akshaysaha9625
    @akshaysaha9625 4 года назад

    Balck money ke liye income tax department shikayat kaise kare??

    • @rjadventure6811
      @rjadventure6811 2 года назад

      Phone karo income tax department main or apna naam na batao

  • @pawankraja1852
    @pawankraja1852 6 лет назад

    Sir ek aadmi ke ghar pe hamko chhapa marwana to hame kya karna hoga eska process kya hai

  • @bhargavisinghparashar7883
    @bhargavisinghparashar7883 5 лет назад

    Jo chor hai, sarkari dhan ghus khakar jana kiya ho to, pakrana galat nahi hai. Pehle un choron ko pakarna jaruri bhi hai. Jo salary bhi moti lete hai aur ghushkhori bhi karte hai.

  • @inncont
    @inncont 10 месяцев назад

    Bhai jaldi bol kal palwel nikalna hai😅😅

  • @jeetshah1305
    @jeetshah1305 5 лет назад +2

    Sir mere pass 500 core ha kaha rakhe samjh ni aa rha kch batow sir 😂

    • @eastflix
      @eastflix 5 лет назад

      Mujhe de de bhai. Main sambhaal lungaa :)

    • @rituraj8471
      @rituraj8471 4 года назад

      @@eastflix which is better ca job or income tax officer job ❓❓

    • @eastflix
      @eastflix 4 года назад +1

      Ritu Raj follow your passion. That’s the best job. I am a film maker and I love my job.

  • @VIRWOLF.
    @VIRWOLF. 4 года назад +1

    VIDEO recording ho kr skte hAi

    • @sureshwadhwa7034
      @sureshwadhwa7034 4 года назад

      Highly debatable and Open-Ended Question. In Rules and Procedures, No where it has been defined that the Search Proceedings should be carried out on Camera NOR Such a Practice has been barred exclusively.
      Practically, have not seen any Income Tax Search/Seizure Proceedings in Camera rather have seen that even CCTV footage are Stopped which is not a healthy practice.

    • @rituraj8471
      @rituraj8471 4 года назад

      @@sureshwadhwa7034 which is better job ca or income tax officer job

  • @TheProbabilityPlayer
    @TheProbabilityPlayer 3 года назад

    India me toh vaise bhi adhikario ka dhakka chalta h.

  • @capawanmachra6168
    @capawanmachra6168 6 лет назад +3

    As I earlier commented that this video is voilating the provisions of CA act regarding professional ethics
    ND u have deleted my comment
    So plz remove ur video from channel otherwise I have to file complaint to ICAI towards professional misconduct

    • @urshil96
      @urshil96 5 лет назад

      Can you please explain how it is violating Profession ethics?

    • @rituraj8471
      @rituraj8471 4 года назад

      @@urshil96 ca job is better or income tax officer job

  • @karanwadhwa5115
    @karanwadhwa5115 2 года назад

    mast bedio

  • @sheelusolanki9435
    @sheelusolanki9435 5 лет назад +2

    Sir tax chori par vidio bnao

    • @Sumitkumar-ml2su
      @Sumitkumar-ml2su 5 лет назад +1

      Sir
      चोरी करने का idea खुलेआम नही दे सकते है

    • @Mohasin1097
      @Mohasin1097 5 лет назад

      jolok income tax faki derahahe uska sikayet kaha kare?

    • @harshbharuka
      @harshbharuka 2 года назад

      😂😂😂😂😂😂😂😂😂😂😂

  • @capawanmachra6168
    @capawanmachra6168 6 лет назад +1

    Not so knowledgeable 🙃

  • @GulshanKumar-bg5dc
    @GulshanKumar-bg5dc 3 года назад

    Tum log CA sab paisa le kar Sara ghapla karate ho aur des ka bhi loss karate ho

  • @BiswajitRoy-ni9rf
    @BiswajitRoy-ni9rf 6 месяцев назад

    POUSHALI BANERJEE ADI SAMIR MUKHERJEE SUDIP MUKHERJEE ORIGINAL NAME GODADHAR CHATTAPADHAY RELETIONS RAMKRISHNA MISSION BELUR MATH PURULIA 25.06.1975 17.12.1995 AK47 RIFELES PURULIA CANADA KALI BARI TORENTO PURULIA DENMARK PURULIA 17.05.1989 METELDITECTOR 06.04.1990 RAID 12.2.2017 STATEMENTS ABP NEWS DECLARATION BANGLADESH MOTHER LAND