Income Tax Dept raids Odisha-based mining firm

Jul 07, 2022

New Delhi [India], July 7 : The Income Tax Department has raided various premises of an Odisha-based company involved in the business of mining,...

Mining tax ruling by SC could hit wide range of producers: S&P

Aug 07, 2024

This comment from the global credit rating followed the July 25 Supreme Court ruling that granted state governments the power to tax mineral resources...

SC says states can recover past tax dues on mining from April 1, 2005

Aug 14, 2024

Supreme Court on Wednesday directed that mineral rich States can collect past dues on royalty and tax on mines and mineral bearing land from...

Income Tax Department conducts searches in Bihar, UP

Oct 07, 2020

New Delhi [India], October 7 : The Income Tax Department on Tuesday conducted search and seizure actions in Patna, Sasaram and Varanasi in the...

Penalty of Rs 3.48 crore imposed on Vedanta for tax evasion

Apr 21, 2024

A penalty worth Rs 3.48 crore has been imposed on mining company Vedanta in a case pertaining to input tax credit during the periods...

Unaccounted case over Rs 12 crore removed from searches at two business groups in MP

Dec 03, 2021

Bhopal (Madhya Pradesh) [India], December 3 : The Income Tax Department seized unaccounted cash exceeding Rs 12 crore from two groups engaged in the...