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Outlook.com
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Tax evasion

5 Common Tax Filing Mistakes To Steer Clear Of This ITR Season

Dec 13, 2021 Meghna Maiti

Making a mistake may compel the taxpayer to file revised returns or face an inordinate delay in getting refunds, etc. It is always better to be on your guard right from the beginning.

Carlos Arthur Nuzman, Former Brazilian Olympic Committee Boss, Sentenced To Jail

Nov 26, 2021 Associated Press (AP)

Carlos Arthur Nuzman, who also headed the Rio 2016 organizing committee, was found guilty of corruption, criminal organization, money laundering and tax evasion. The 79-year-old executive won't be jailed until all his appeals are heard.


India Gets Third List Of Its Nationals Having Swiss Bank Account

This was the third such exchange between the Swiss body and India under the framework of the global standard on the automatic exchange of information (AEOI).

EXPLAINER: How Global Deal Stems Corporate Use Of Tax Havens

Oct 09, 2021 Associated Press (AP)

The sweeping agreement was struck Friday among 136 countries after talks overseen by the Organization for Economic Cooperation and Development.


Filing Your Tax Returns? Remember To List Income From All Sources

“Taxpayers should pay extra attention to savings bank Interest, gifts coming into the bank account, any large sum from the sale of capital assets to match with the IT return,” says Suneel Dasari, founder, CEO @ EZTax.in, an online income tax filing portal.

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24 July, 2021

Dainik Bhaskar Raids: CBDT Says Rs 2,200 Cr 'Fictitious Transactions' Detected

Outlook Web Bureau

The CBDT said the quantum of tax evasion detected so far amounts to Rs 700 crore spread over a period of six years.


22 July, 2021

Dainik Bhaskar Offices Raided By Tax Department For Evasion

Outlook Web Desk

The searches are being conducted in Bhopal, Jaipur, Ahmedabad and some other locations in the country.


06 May, 2021

Income Tax Return Or ITR For FY20 Can Be Filed Till May 31; Here’s How

Outlook Web Bureau

CBDT said this move is aimed at mitigating ‘the difficulties being faced by various stakeholders’ amid the Covid-19 pandemic.


05 January, 2021

Non-Tax Revenue Generation, Leveraging Digital

Dr Jaijit Bhattacharya

Basic economics shows that indirect taxation distorts the economy and how direct taxation is discriminatory in nature, as many are outside the purview of direct taxes.


10 December, 2020

Hunter Biden Facing Federal Investigation Over 'Tax Affairs'

Associated Press (AP)

The Justice Department's investigation, centring on potential tax fraud crimes, had been going on at least a year before President-elect Joe Biden announced his candidacy.


10 October, 2020

Tax-Tainted Leaders

V Venkateswara Rao

The leaked documents of Panamanian law firm Mossack Fonseca showed that 12 current or former heads of state are on the list of suspected money laundering.


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07 October, 2020

German Football Association Offices Raided On Suspicion Of Tax Evasion

Stats Perform

The German Football Association (DFB) chose to give itself a "major tax advantage" by intentionally falsely declaring income, German prosecutors allege


17 June, 2019

Tax Evaders Beware! No Escape By Just Paying Penalty From Today

Outlook Web Bureau

A person or entity would not be able to settle a case of tax evasion by just paying the tax demand, penalty and interest as per the new guidelines that kick in from June 17, 2019 and apply to all cases for compounding received on or after this date.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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