KJS Ahluwalia, a mine owner in Orissa, is the country's top taxpayer in the individual category for 2010-11. Two other mine owners from the state, Prasanta Ahluwalia and Indrani Pattnaik, also figure in the top 10 taxpayers' list. Income Tax officials in Rourkela said Ahluwalia, owner of an iron ore mine and a mini steel plant in Keonjhar, paid Rs 50 crore as advance tax in the last quarter. He paid...
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Ex-CJI ready to reveal income, but not I-T details by T Ramavarman
Former Chief Justice of India and National Human Rights Commission ( NHRC) Chief Justice K G Balakrishnan has told the Income Tax authorities he is ready to reveal his total income, but details of his I-T returns cannot be disclosed. Justice Balakrishnan, facing a rough weather following allegations of his family members having amassed illegal wealth, made these statements in his affidavit filed before the additional commissioner of IT in Kochi. The...
More »CBI to file 80,000-page charge sheet against Raja, others on April 2
The Central Bureau of Investigation on Tuesday informed the Supreme Court that it would file an 80,000-page charge sheet in the 2G spectrum allocation scam against the former Communications Minister A. Raja, four former Telecom officials and two companies on April 2. It was originally proposed to be filed on March 31. Senior counsel K.K. Venugopal told a Bench of Justices G.S. Singhvi and A.K. Ganguly that the agency was still...
More »PAC summons Radia, Ratan Tata
Representatives of Swan Telecom, Reliance, Airtel and Unitech also told to appear before it The Public Accounts Committee (PAC), headed by Murli Manohar Joshi, has summoned corporate lobbyist Niira Radia and Tata Group Chairman Ratan Tata for questioning on April 4 on purported irregularities in the grant of telecom licences. The PAC has also asked representatives of Swan Telecom, Reliance, Airtel and Unitech to appear before it. A Tata spokesperson said Mr....
More »Black money trail: I-T dept signs MoUs for conducting study
The government has set the ball rolling for estimating black money by signing agreements with three leading think-tanks NCAER, NIFM and NIPFP to conduct study on unaccounted income generated inside and outside the country. They have been given 18 months to complete the study and also suggest administrative and legal measures to prevent generation of black money, according to sources. The first study on unaccounted money was conducted by NIPFP way back...
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