IT dept detects Rs 880-cr hidden income after survey of Bengaluru company
New Delhi, Jul 13: The Income Tax Department has detected "concealment" of Rs 880 crore income after it surveyed the Bengaluru premises of a leading manpower service providing company, the CBDT said on Tuesday.
The identity of the company was not available immediately.
The survey was carried out on July 8 at two premises of the company.
"The assessee has been claiming huge deduction under section 80JJAA of the Income-tax Act, 1961 which incentivises new employment generation, subject to fulfilment of certain conditions such as emoluments paid to the employee which should be less than Rs 25,000 per month and number of days of employment etc."
"Overall, the survey has resulted in detection of concealment of income to the tune of Rs 880 crore spread over various assessment years," the CBDT said in a statement issued here.
The Central Board of Direct Taxes (CBDT) frames policy for the tax department.
It said the survey operation, a surprise action where the taxman visits only the business premises of an assessee, found that "even though the emoluments of new employees added were more than Rs 25,000 per month, the assessee has been wrongfully claiming deduction under section 80JJAA by excluding certain components of emoluments of such employees to fit into the eligible emoluments limit".
The CBDT claimed it was found that "deduction under section 80JJAA has been claimed in subsequent years, even though certain eligible employees were no longer on the payroll of the assessee."
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Elephant calf brought from Bijnor kept under care at Pilibhit Tiger Reserve
Pilibhit (PTI): A 19-day-old elephant calf, brought from Bijnor, was placed under care at the Pilibhit Tiger Reserve (PTR) on Sunday, an official said and added that the calf got separated from its mother in the forest area of Bijnor.
The calf was born on December 2 in the Bijnor forest area and got separated from its mother shortly after birth, the official said.
The forest department made several attempts to reunite it with its mother, but without any success. To ensure the calf's safety and better care, it was decided to transfer it to the Pilibhit Tiger Reserve on the instructions of senior officials.
On Saturday, Deputy Director Manish Singh received the calf. Special arrangements have been made in the reserve for its care. It has been kept in a safe and clean environment to provide it with a natural setting and protect it from external noise and disturbances.
Singh told reporters that raising an 19-day-old calf is challenging.
It requires a special diet as a substitute for mother's milk and constant monitoring.
He said a special team has been formed to provide 24-hour care. Since the calf is very young, it is being cared for like a newborn baby.
According to Singh, the primary responsibility for monitoring the calf's health has been entrusted to PTR's veterinarian, Dr Daksh Gangwar. Under his supervision, a complete record of the calf's health checkups, diet, and body temperature is being maintained. The team is ensuring that the calf does not contract any infection.
