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.
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.
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.
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
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.
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....
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.
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
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!
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.
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)
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
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
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
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
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
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
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.
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
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 🙏🙏🙏
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.
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.
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...
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.
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.
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
Amazing, most practical knowledge & experience shared by you. Thank you, Sir!
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.
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.
Bhai bhut axa sikha aapse aj apki video dekh kar or bhut kuch sikhne ko mila apse aj
What a finest information you have shared from your experience Sir! Thank you soo much! Kindly share more videos on such crucial subjects.
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.
Very useful information. Toughest topic explained in simple and understandable manner
sir pls provide more videos on these type of topic
Which is bro ca job is better income tax officer
😝😝😝😝
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
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.
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....
Your Advice very useful, Thank you sir ji.
Amazing input and quite helpful. Keep on making and sharing such stuff
Your work is appreciable shefali
Millions of thanks to you
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.
Thanks sir... The video is full of useful information.
very nice ,fruitfully information thank you
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
I am an income tax officer.
Awesome! Thank you
If the two witness is not av available, then can the search proceedings be carried out? ??? Please reply. ..
Thank you sir
आपको देख कर लग रहा है कि आपने बहुत से लोगो के tax को बचाया हैं😉
Dear sir, if witnesse not available, what should do assessee and assesing officer. Many time people not agree to be witness
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!
Sir kya witnesses ke mobile phones bhi rkh liye jaate h ?
Well explain.... thanks Sir.....Ji..
Very nice sir
Great sir... Please make more video
Ca job is better or income tax officer job is better
@@rituraj8471 obliviously Income Tax Officer ki
@@sourabhbakliwal7684 but some people say ca earns in crore
@@rituraj8471 But all people say that all Officer earn crore of Rupees
@@sourabhbakliwal7684 bro no online is come corruption is now gone 😞😞
How to verify search team is genuine ?
Like in Movie *SPECIAL 26* 🤔🤔
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.
video recording ho sakti h...by mobile,cctv or any other means
how to check income tax raid on any company...how we can get this data.
I want to know about one company history.
The most Imp question is can media enter to Our private premises??
What should I do if I have left the Tax Evasion Petition file with my own details to complain to someone else?
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)
पकड़ा गया cash and jewellery and documents bad m taxpayer ko vapis milta h?
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
If the victim is ca /lawyer..so is it Accepteable??
Thnx sir
very nice
Sir agar kuch bhi found na ho or un logo ne ghr me jo nuksan kiye honge unka kya hoga
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
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
Is Survey of income tax team different from search and Seizure?...Please give same video on it.
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
Thank you very much sir
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
Sale tax comes under state govt and IT comes under Central govt
Perfect
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.
Sir main gst de chuke hai.Expens cash book main dekhai hai.Gst input Milne ke baad o balance sheet main assset hoga.?
Which is better ca job or income tax officer job
@@rituraj8471 CA
@@FactCheckTV18 but bro rbi grade b 30 lpa is far better than CA
Sir kya ek must gujara bhatta amount pr income tax lagega please help
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
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.
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
Q भाई पीछे पड़े हो 🤔🤔🤔
Pawan.... Dilpe mathle yaar...
Why music sir ??? It is hurdle in concentration....
Hello sir my self shubham mujhe kujh apse bat krni h gst k bare me kaise contact kru
Income tax notice ane ke baad .nitice ka reply nai ksrne pe kya impact ho sakta hai
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 🙏🙏🙏
Bhai aapko notice aaya
search team ki bhi talashi li ja sakti h kya...premise m entry karne se pehle taaki wo koi chiz chhipa na de
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.
Sir taxpayer jiske yaha raid hui hai. Agar taxpayer present na ho business premises par. To kya officer raid kar sakte hai
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.
@@sureshwadhwa7034 which is better ca job or income tax officer job ❓❓
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
Headmaster of the school in the area and one more govt officer was the witness
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.
rizwan nazish
See the Movie Again
Hhindi Puri nahi aati keya Hindi bol nahit to English bol
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.
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.
Yes you can
Bolnae ka badmae aao
And also weight and measurement
Mst
Who’s here after 3 years because they got rich?
Bhai logo tax time pe bharo lalach na rekho or tension freereho
AGAR SEARCH ME KUCH NAHI MILA AUR PERSON BEKASOOR NIKLA TO KYA WO IT PER MAAN HANI KA DAWA DAL SKTA HAI.
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...
@@bachpankapyar8397 which is better ca or income tax officer job is better
i had to watch this video in 2x😂😂
Balck money ke liye income tax department shikayat kaise kare??
Phone karo income tax department main or apna naam na batao
Sir ek aadmi ke ghar pe hamko chhapa marwana to hame kya karna hoga eska process kya hai
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.
Bhai jaldi bol kal palwel nikalna hai😅😅
Sir mere pass 500 core ha kaha rakhe samjh ni aa rha kch batow sir 😂
Mujhe de de bhai. Main sambhaal lungaa :)
@@eastflix which is better ca job or income tax officer job ❓❓
Ritu Raj follow your passion. That’s the best job. I am a film maker and I love my job.
VIDEO recording ho kr skte hAi
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.
@@sureshwadhwa7034 which is better job ca or income tax officer job
India me toh vaise bhi adhikario ka dhakka chalta h.
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
Can you please explain how it is violating Profession ethics?
@@urshil96 ca job is better or income tax officer job
mast bedio
Sir tax chori par vidio bnao
Sir
चोरी करने का idea खुलेआम नही दे सकते है
jolok income tax faki derahahe uska sikayet kaha kare?
😂😂😂😂😂😂😂😂😂😂😂
Not so knowledgeable 🙃
Tum log CA sab paisa le kar Sara ghapla karate ho aur des ka bhi loss karate ho
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