Mumbai: A court in Mumbai on Friday allowed the Enforcement Directorate to question Kashinath Tapuriah, the Kolkata-based businessman and a key aide of Pune based stud farm owner Hasan Ali Khan, for two days. The Sessions Court in Mumbai permitted ED to take Tapuriah from Arthur Road jail to ED office in South Mumbai on April 18 and April 19. The court also extended the judicial custody of Tapuriah till...
03:19 PM, Apr 15, 2011
New Delhi: The Income Tax Department has slapped a penalty of Rs 20,000 crore on four associates, including businessman Kashinath Tapuriah, of Hasan Ali Khan who is accused of stashing huge amounts of black money in foreign banks. "A penalty of about Rs 20,000 crore has been slapped on associates of Hasan Ali Khan," Revenue department sources said. Besides Tapuriah, who is in Enforcement Directorate's custody, the Pune-based stud farm...
07:28 PM, Apr 05, 2011
India's biggest known tax defaulter Hasan Ali is sent to jail till the 8th of April. His associate Kashinath Tapuriah's wife has been summoned again for questioning. ...
04:26 PM, Mar 25, 2011
New Delhi: The Supreme Court on Monday granted three days of additional custodial interrogation to the Enforcement Directorate (ED) of Pune stud farm owner Hasan Ali Khan allegedly involved in money laundering activities. At an extraordinary hearing held at the residence of Justice Aftab Alam, the apex court extended Ali's custody with ED till March 25. Justice R M Lodha also participated in the special hearing which was held at...
09:45 PM, Mar 21, 2011
New Delhi: The Supreme Court wants the Centre to explain why no action has been taken against India's biggest tax defaulter and alleged hawala operator Hasan Ali Khan so far. A bench of justices B Sudershan Reddy and SS Nijjar asked why Ali and other alleged black money launderers have not been interrogated under supervision of the Supreme Court. The court castigated the government for failing to interrogate Khan and...
03:18 PM, Mar 03, 2011
Mumbai: The Income Tax Department on Friday imposed a huge penalty of Rs 40,000 crore on businessman Hasan Ali Khan, a 56-year-old alleged stud-farm owner and one of the main accused in the multi-million dollar tax evasion and money laundering case. Hasan Ali on Friday presented himself before the Income Tax Department in Mumbai, after summon was issued to Hasan Ali by the Tax Department in connection with penalty proceedings...
06:45 PM, Feb 18, 2011
Mumbai: Budget 2011 may be a great time for the government to re-energise the tax settlement commission. Tax experts say that facilitating greater disclosures may help the government to fight against black money stashed abroad. Exchange of information agreements seem to be a hot favourite for the Indian government, which is fighting against undisclosed money stashed abroad. However, tax experts are a little skeptical about how effective these will be...
02:38 PM, Feb 18, 2011
From World Cup gems, rearguard knocks and improbable efforts, we sift through the list and come up with the most memorable knocks of the year. Shaun Marsh 110, 2nd ODI, Hobart Overlooked for Australia's World Cup squad, Shaun Marsh reminded the selectors of his abilities with a maiden ODI century after being called up as a replacement for Michael Hussey. He rescued Australia from two collapses and took them to...
04:22 PM, Apr 05, 2008
Military-backed government is scanning Zia and Hasina's bank accounts to see if they are involved in tax evasion. ...
06:00 PM, Apr 26, 2007
Augusto Pinochet, who ruled Chile from 1973-1990 and spent his old age fighting human rights charges, is dead. ...
09:56 AM, Dec 11, 2006
As many as 411 MNCs out of the total 1,915 assessed were found guilty of direct tax evasion during 2005-06. ...
06:09 PM, Aug 25, 2006
