Warrant issued against Nirav Modi in Tax evasion case.

A magistrate’s court here today issued a bailable arrest warrant against diamond trader Nirav Modi in connection with a case of alleged tax evasion in purchase of a property which turned out to be “benami”, an Income Tax department official said. Benami properties are those that are not bought and registered in the name of […]

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Court grants bail to Anurag Dalmia in tax evasion case

Dalmia Group of Companies’ Vice Chairman Anurag Dalmia has been granted bail by a Delhi court in a black money case of alleged tax evasion lodged by the Income Tax Department. The court granted the relief to the 59-year-old Mr. Anurag after he appeared before it in pursuance to summons issued to him. He was […]

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Court penalises pvt firm in tax evasion case

A private firm has been penalised with a fine of Rs eight lakh in a tax evasion case by a Delhi court which noted that increasing cases of tax evasion by firms has been causing huge loss to the state exchequer and needed to be curbed with a firm hand. Additional Chief Metropolitan Magistrate Devendra […]

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