New Delhi: Government may grant the Income Tax department powers to re-open tax returns of beyond six years in specific cases of black money where "foreign assets" are involved. The I-T department needs these powers to pursue the ongoing cases where funds were found to be stashed abroad and these came to light after India received a classified list of bank account holders which include those in HSBC bank Geneva...
07:47 PM, Feb 20, 2012
The affidavit was filed in response to a PIL filed in the Supreme Court. ...02:23 PM, May 02, 2009
The foreign banks have won the order from the SC citing RBI guidelines. ...03:34 PM, Sep 09, 2008
A group of foreign banks have been restrained from charging interest. ...10:41 PM, Sep 08, 2008
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