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"Artificial Urgency": Court Fines Anil Ambani Rs 25,000 Over Tax Case Hearing
The Bombay High Court has imposed a cost of Rs 25,000 on industrialist Anil Ambani for seeking an urgent hearing of his petition challenging a notice issued to him by the Income Tax department in April 2022, noting it as an "artificial urgency".
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Real Madrid Coach Carlo Ancelotti To Go On Trial For Alleged Tax Fraud
Real Madrid coach Carlo Ancelotti will go on trial next week for allegedly failing to declare income to Spain's tax office, the Madrid court which will hear the case said Friday.
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Shah Rukh Khan Wins Tax Case As Tribunal Rules In His Favour
Actor Shah Rukh Khan has secured a big victory with the Income Tax authorities, with the Income Tax Appellate Tribunal or ITAT delivering a verdict in his favour.
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"Skoda Volkswagen Can't Play Victim": Customs To High Court On Tax Demand
Skoda Auto Volkswagen India will have to fall in line and not play "victim", the Customs department told the Bombay High Court on Thursday.
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Jailed Journalist Mahesh Langa Now Sent To Rajkot Cops' Custody In GST Case
Journalist Mahesh Langa, who has been in jail for an alleged Goods and Services Tax scam in Gujarat, has now been sent to Rajkot Police's custody for four days.
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UK Police Win Bid To Seize $2.5 Million From Andrew Tate Over Unpaid Taxes
UK police on Wednesday won a legal bid to seize more than £2 million ($2.5 million) from controversial influencer Andrew Tate and his brother to settle millions due in unpaid taxes.
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Big Relief For Ajit Pawar, Tax Department Clears Assets Seized In Benami Case
In a big relief to Maharashtra Deputy Chief Minister Ajit Pawar, the Income Tax department has cleared properties worth over Rs 1,000 crore seized in 2021.
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"Hunter Was Singled Out": Joe Biden Pardons Son In 2 Criminal Cases
US President Joe Biden on Sunday said he had issued an official pardon for his son Hunter, who is facing sentencing for two criminal cases.
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Income Tax Department Raids Jharkhand Chief Minister's Close Aide
The Income Tax department is conducting raids at the residence of Sunil Srivastava, allegedly a close aide and personal secretary of Jharkhand Chief Minister Hemant Soren, said sources on Saturday.
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Joe Biden's Son Hunter Officially Pleads Guilty In Tax Evasion Case
US President Joe Biden's son, Hunter, pleaded guilty Thursday to all nine tax charges he faced, without reaching a deal with prosecutors.
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Hunter Biden, Son Of US President Joe Biden, Offers Guilty Plea In Tax Case
Hunter Biden, the son of US President Joe Biden, offered a guilty plea to charges in his tax evasion case Thursday, just as jury selection was about to begin.
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Joe Biden's Son Hunter Loses Bid To Toss Tax Evasion Case
A judge on Monday denied a bid by U.S. President Joe Biden's son, Hunter, to dismiss a federal tax evasion case brought against him in California.
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Will Income Tax Ever Be "Almost Zero"? What Finance Minister Said
Can income tax in India ever be "almost zero"? Finance Minister Nirmala Sitharaman said Tuesday she wished that could be the case, but given economic challenges facing India, including paucity of funds for research purposes, this is not likely.
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In 8:1 Verdict, Supreme Court Upholds States' Rights On Mineral Tax Royalty
The Supreme Court on Thursday upheld states' right to levy royalty on mineral-bearing land, reasoning they had competence and power to do so; this will benefit mineral-rich states like Odisha, Jharkhand, Bengal, Chhattisgarh, Madhya Pradesh.
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Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities
The Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at multiple locations having identified firms that were not said to not be reporting their crypto-related engagements. The authorities in the country are trying to curb cases of tax evasion overall.
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"Artificial Urgency": Court Fines Anil Ambani Rs 25,000 Over Tax Case Hearing
The Bombay High Court has imposed a cost of Rs 25,000 on industrialist Anil Ambani for seeking an urgent hearing of his petition challenging a notice issued to him by the Income Tax department in April 2022, noting it as an "artificial urgency".
-
Real Madrid Coach Carlo Ancelotti To Go On Trial For Alleged Tax Fraud
Real Madrid coach Carlo Ancelotti will go on trial next week for allegedly failing to declare income to Spain's tax office, the Madrid court which will hear the case said Friday.
-
Shah Rukh Khan Wins Tax Case As Tribunal Rules In His Favour
Actor Shah Rukh Khan has secured a big victory with the Income Tax authorities, with the Income Tax Appellate Tribunal or ITAT delivering a verdict in his favour.
-
"Skoda Volkswagen Can't Play Victim": Customs To High Court On Tax Demand
Skoda Auto Volkswagen India will have to fall in line and not play "victim", the Customs department told the Bombay High Court on Thursday.
-
Jailed Journalist Mahesh Langa Now Sent To Rajkot Cops' Custody In GST Case
Journalist Mahesh Langa, who has been in jail for an alleged Goods and Services Tax scam in Gujarat, has now been sent to Rajkot Police's custody for four days.
-
UK Police Win Bid To Seize $2.5 Million From Andrew Tate Over Unpaid Taxes
UK police on Wednesday won a legal bid to seize more than £2 million ($2.5 million) from controversial influencer Andrew Tate and his brother to settle millions due in unpaid taxes.
-
Big Relief For Ajit Pawar, Tax Department Clears Assets Seized In Benami Case
In a big relief to Maharashtra Deputy Chief Minister Ajit Pawar, the Income Tax department has cleared properties worth over Rs 1,000 crore seized in 2021.
-
"Hunter Was Singled Out": Joe Biden Pardons Son In 2 Criminal Cases
US President Joe Biden on Sunday said he had issued an official pardon for his son Hunter, who is facing sentencing for two criminal cases.
-
Income Tax Department Raids Jharkhand Chief Minister's Close Aide
The Income Tax department is conducting raids at the residence of Sunil Srivastava, allegedly a close aide and personal secretary of Jharkhand Chief Minister Hemant Soren, said sources on Saturday.
-
Joe Biden's Son Hunter Officially Pleads Guilty In Tax Evasion Case
US President Joe Biden's son, Hunter, pleaded guilty Thursday to all nine tax charges he faced, without reaching a deal with prosecutors.
-
Hunter Biden, Son Of US President Joe Biden, Offers Guilty Plea In Tax Case
Hunter Biden, the son of US President Joe Biden, offered a guilty plea to charges in his tax evasion case Thursday, just as jury selection was about to begin.
-
Joe Biden's Son Hunter Loses Bid To Toss Tax Evasion Case
A judge on Monday denied a bid by U.S. President Joe Biden's son, Hunter, to dismiss a federal tax evasion case brought against him in California.
-
Will Income Tax Ever Be "Almost Zero"? What Finance Minister Said
Can income tax in India ever be "almost zero"? Finance Minister Nirmala Sitharaman said Tuesday she wished that could be the case, but given economic challenges facing India, including paucity of funds for research purposes, this is not likely.
-
In 8:1 Verdict, Supreme Court Upholds States' Rights On Mineral Tax Royalty
The Supreme Court on Thursday upheld states' right to levy royalty on mineral-bearing land, reasoning they had competence and power to do so; this will benefit mineral-rich states like Odisha, Jharkhand, Bengal, Chhattisgarh, Madhya Pradesh.
-
Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities
The Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at multiple locations having identified firms that were not said to not be reporting their crypto-related engagements. The authorities in the country are trying to curb cases of tax evasion overall.
