New Delhi Apr 22 PTI Gold prices spurted by Rs 263 to Rs 52472 per 10 grams in the national capital on Friday in line with firm global trends according to HDFC Securities The precious metal finished at Rs 52209 per 10 grams in the previous trade Silver also moved higher by Rs 500 to Rs 67707 per kg from Rs 67207 per kg in the previous trade The rupee declined by 25 paise to close at 7642 against the US dollar on Friday in line with a sell-off in domestic equities and a firm greenback in the overseas markets In the international market gold was trading higher at USD 1952 per ounce and silver was flat at USD 2445 per ounceGold prices at COMEX were firm on Friday on global growth worries over higher inflation said Tapan Patel Senior Analyst Commodities HDFC Securities PTI SUM MR

Hamirpur (Himachal Pradesh) [India], March 13 (ANI): Himachal Pradesh Chief Minister Jai Ram Thakur performed inaugurations and foundation stones of 21 developmental projects worth about Rs 265 crore at Bijhari for Barsar Assembly constituency of Hamirpur district on Sunday.

Chandigarh (Punjab) [India], January 31 (ANI): Punjab Congress Chief Navjot Singh Sidhu on Monday said that his model for the state will create eight lakh jobs for the youth and provide assistance to five lakh entrepreneurs.

New Delhi Jan 27 PTI The CBI has booked a businessman along with an Income Tax inspector and others for allegedly claiming fraudulent tax refunds of over Rs 263 crore officials said on ThursdayThe agency has acted on a complaint from I-T department which alleged that Bhushan Anant Patil in conspiracy with its inspector Tanaji Mandal Adhikari fraudulently claimed credits for taxes deducted at source they saidThe department alleged that they criminally conspired with other persons to get issued refunds exceeding Rs 263 crore which were deposited in the bank account of proprietary concern of Patil they saidThe CBI has also booked Rajesh Mathani Ashish Mehdiratta VJM Media Pvt Ltd now known as Blitz Multimedia Pvt Ltd Mumbai and Daywind Enterprises Pvt Ltd in the case they said After the FIR the CBI recently conducted searches at nine locations in Delhi Mumbai and Lucknow in connection with the case they saidLooking at the above facts it is evident that money might also have been transferred to some other persons and entities across the country and even outside the country This is a serious crime against the nation and involves cheating embezzlement and misappropriation of Consolidated Fund of India by way of fraudulently issuing refunds the I-T Department vigilance section said in a complaint sent to the CBI The department has alleged that VJM Media now known as Blitz Media had claimed TDS returns credit of Rs 658 lakh and Rs 942 lakh for the assessment years 2007-08 and 2008-09 respectively It is also seen from the orders passed as tabulated above that various refunds were issued subsequently between November 2019 to November 2020 on the ITD system after manipulating and increasing the amount of tax deducted at source TDS as against the genuine claim of TDS made by the said company the department saidGiving details of the modus operandi the taxmen alleged that the assessee had give a bank details of current account with Central Bank of India in its Income Tax Return In November 2019 an additional savings bank account with State Bank of India Panvel in the name of SB Enterprises - a proprietary concern of an individual named Bhushan Anant Patil was added in which first fraudulent credit was made on November 13 2019This account of SB Enterprises was removed from I-T departments system on July 08 2021 The conspirators with a view to give a semblance of authenticity to the fraudulent actions generated dummy orders on the ITBA platform ofthe Income-tax Department which are also annexed herewith the complaint allegedThe tax department also found that claims made in ITR were inflated and credited to the account The I-T department alleged that Adhikari Sr Tax Assistant upto January 2021 an Inspector of Income Tax who had access to RSA Tokens and login credentials of his supervisory authorities including the Assessing Officer and the Additional Cll has orchestrated the fraud in connivance with PatilAdhikari has contrived and criminally conspired with other persons to get issued refunds exceeding Rs 263 crores fraudulently which were deposited in the bank account of proprietary concern of Bhushan Anant Patil located at Panvel Amounts have also been subsequently transferred to lClCl bank accounts at Lucknow and Ahmedabad it alleged PTI ABS ZMN

New Delhi Jan 27 PTI The CBI has booked a businessman along with an Income Tax inspector and others for allegedly claiming fraudulent tax refunds of over Rs 263 crore officials said on ThursdayThe agency has acted on a complaint from I-T department which alleged that Bhushan Anant Patil in conspiracy with its inspector Tanaji Mandal Adhikari fraudulently claimed credits for taxes deducted at source they saidThe department alleged that they criminally conspired with other persons to get issued refunds exceeding Rs 263 crore which were deposited in the bank account of proprietary concern of Patil they saidThe CBI has also booked Rajesh Mathani AshishMehdiratta VJM Media Pvt Ltd now known as Blitz Multimedia Pvt Ltd Mumbai and Daywind Enterprises Pvt Ltd in the case they said Looking at the above facts it is evident that money might also have been transferred to some other persons and entities across the country and even outside the country This is a serious crime against the nation and involves cheating embezzlement and misappropriation of Consolidated Fund of India by way of fraudulently issuing refunds the I-T Department vigilance section said in a complaint sent to the CBI The department has alleged that VJM Media now known as Blitz Media had claimed TDS returns credit of Rs 658 lakh and Rs 942 lakh for the assessment years 2007-08 and 2008-09 respectively It is also seen from the orders passed as tabulated above that various refunds were issued subsequently between November 2019 to November 2020 on the ITD system after manipulating and increasing the amount of tax deducted at source TDS as against the genuine claim of TDS made by the said company the department saidGiving modus operandi the taxmen alleged that the assessee had give a bank details of current account with Central Bank of India in its Income Tax Return In November 2019 an additional savings bank account with State Bank of India Panvel in the name of SB Enterprises - a proprietary concern of an individual named Bhushan Anant Patil was added in which first fraudulent credit was made on November 13 2019This account of SB Enterprises was removed from I-T departments system on July 08 2021 The conspirators with a view to give a semblance of authenticity to the fraudulent actions generated dummy orders on the ITBA platform ofthe Income-tax Department which are also annexed herewith the complaint allegedThe tax department also found that claims made in ITR were inflated and credited to the account The I-T department alleged that Adhikari Sr Tax Assistant upto January 2021 an Inspector of Income Tax who had access to RSA Tokens and login credentials of his supervisory authorities including the Assessing Officer and the Additional Cll has orchestrated the fraud in connivance with PatilAdhikari has contrived and criminally conspired with other persons to get issued refunds exceeding Rs 263 crores fraudulently which were deposited in the bank account of proprietary concern of Bhushan Anant Patil located at Panvel Amounts have also been subsequently transferred to lClCl bank accounts at Lucknow and Ahmedabad It alleged PTI ABS ZMN