China Aluminium Casement Window
جمعه 24 دی 1400 :: 7:04 :: نويسنده : ryldinacto :: تعداد بازدید : 0
They have made declarations under the black money declaration window scheme, which the government had launched for a limited period during 2015.There is however, relief for some individuals whose names had appeared on the ICIJ website.According to a report, the government’s crackdown on those holding undisclosed income has yielded hundreds of cases of such income stashed in banks like HSBC, Geneva. But there will be no respite for those against whom IT authorities have already launched a probe, the report says.The income tax authorities have unearthed Rs 13,000 wholesale pvc Sliding Windows crore of black money from just two sets of information received in 2011 and 2013.In the HSBC Geneva case on the other hand, prosecution proceedings have been launched in 75 cases.
It has raised a tax demand of Rs 5,377 crore against such account holders till March 31, 2016. The details were received from the French government in 2011, and the unaccounted for income amounts to Rs 8,186 crore. IT officials have discovered undisclosed income of over Rs 5,000 crore in foreign bank accounts of over 700 Indians. Also, in some cases, the entities remained untraceable.Read: Mann Ki Baat: Declare undisclosed assets by September 30, says ModiSo far, the IT department has filed 55 prosecution complaints before criminal courts in the ICIJ cases on charges of wilful attempt to evade tax, says the report.The other set of information disclosed in 2013 appeared on the website of the International Consortium of Investigative Journalists (ICIJ).
Read: Difficult to avoid disclosure under new scheme: SIT chief on black moneyThis is the highest ever disclosure from offshore bank accounts.This is the highest ever disclosure from offshore bank accounts and relates to disclosures from 2011 and 2013.In the HSBC case, the government had received information about 628 bank accounts.(This story originally appeared in the deccan Chronicle as may the case be). Of these, at least 213 were found "not actionable" as they either had no money in them or they belonged to non-resident Indians. The Enforcement Directorate can now initiate action under the stringent Prevention of Money Laundering Act (PMLA), since the criminal courts have taken cognisance of the matter