Revenue Department report calls for breaking down circle rate categories in city
NEW DELHI: The Delhi government’s Revenue Department has prepared a report to revise circle rates of properties in the city by breaking it down down into sub categories within eight existing categories to reflect the prevailing market rates, officials said. A committee of the Revenue Department, after evaluation of circle rates of different kinds of […]
Payment of 1% GST in cash only for 45,000 taxpayers: DoR sources
NEW DELHI:The mandatory requirement of 1 per cent cash payment of GST liability with effect from January 1 would be applicable to about 45,000 taxpayers, which is only 0.37 per cent of the total businesses registered in the Goods and Services Tax system, Revenue Department sources said on Saturday. To curb tax evasion by way […]
CBI registers 2 more FIRs in Rs 25,000 Jammu and Kashmir land scam case
NEW DELHI: The Central Bureau of Investigation (CBI) has registered two more FIRs linked to the Rs 25,000-crore Roshni land scam against the Revenue Department officials and others in Jammu and Kashmir (J&K), taking the total number of cases to seven so far. The probe agency took over these cases in pursuance to the J&K […]
I-T profiling to help revenue department nab fraudsters claiming fake GST credits
NEW DELHI: The government of India proposes to match GST data mentioned in Form 26AS with the turnover numbers provided while filing income tax returns. The move is aimed at identifying unscrupulous persons who try to avail or pass on input tax credit fraudulently by generating fake invoices. In such cases, the revenue department had […]