ED had on Sept 5 attached Misa Bharti's property in Bijwasan in connection with money laundering case
Conference also discussed strategies for widening of tax base and data verification
Functional specialisation, jurisdiction-free assessment, taxpayer segmentation are three focus areas
This is in addition to 60,000 identified under Operation Clean Money 2.0
The proposed target comes sans any amnesty scheme
Taxmen told to fast-track Income tax arrear appeals
A CA, Rajesh Kumar Agrawal, allegedly linked to Bharti and others, was also arrested by ED
The tax department is looking at expanding the scope of naming and shaming of defaulters
5.68 lakh new cases have been identified for e-verification process
If you have capital gains on a house or shares, they can automatically tell you the tax liability
Only 6 crore people file income tax returns at present
PMO asked income-tax department to submit report on action taken against identified benami owners
A son of a former Union minister is also under the department's scanner
These assets comprised principally Cairn's residual shareholding in Cairn India
It was not immediately clear if the latest action had any connection to some politicians
The court has also slapped a fine of Rs. 25,000 on Raju Verma, who owned 'Punjab Jewellers'.
The filing of these returns can be done till July 31
Tax evasion to the tune of Rs 500 has been established during demonetisation
The dept had info on suspicious dealers who issued false bills without delivery of goods
Direct tax collection likely to fall short of Rs 8.47 lakh crore Budget target