The Madras High Court Friday quashed an order passed by the Income Tax department sanctioning criminal prosecution against the family members of former Union minister P Chidambaram in a black money case.
Slapped with a fresh Rs 14,000 crore refund order from Sebi, embattled Sahara group on Friday said it would amount to "double payment" as investors have already been paid all their dues except about Rs 17 crore.
Six Tata Trusts have withdrawn their petitions filed in the Bombay High Court challenging the show cause notices issued against them by the Income Tax department as to why their registrations should not be cancelled.
The Congress Tuesday claimed that Prime Minister Narendra Modi is responsible for "dismantling, denigrating and destroying" India's premier investigative agency and accused him of direct interference in the functioning of the CBI.
An Election Commission team would visit Telangana on October 22 for the first time after the election schedule for the state was announced, to review the poll preparedness of the state.
The Income Tax department, which carried out search operations at premises belonging to Kailash Gahlot, on Saturday said it has found documents that show the Delhi Cabinet Minister had evaded tax worth Rs 120 crore.
The Madras High Court Friday restrained the Income Tax department till October 22 from proceeding further on the re-assessment of former Union minister Dayanidhi Maran's income for 2008-09 and 2009-10, based on the CBI chargesheet in the Aircel-Maxis deal case.
Senior Congress leader P Chidambaram said the government's response to issues such as the Rafale deal charges, falling markets and the depreciating rupee is to "suppress dissent".
A team of I-T sleuths raided Bahl's premises in Noida early morning and are looking for documents and other evidence related to a case of "bogus long-term capital gains (LTCG) received by various beneficiaries", they said.
Income Tax Department (ITD) conducted searches on multiple premises linked to Delhi Transport minister Kailash Gahlot in connection with an alleged tax evasion case, officials said.