ITAT orders Swiss bank account holder to pay tax on Rs 196 crore stashed abroad
In 2006, the assessee filed her income and had declared an annual income of around Rs 1.70 lakh. The department in 2014 decided to reopen the assessment.
Jul 17, 2020, 21:53 PM IST
'French court backs charges against HSBC in tax fraud probe'
The court rejected an appeal by HSBC that charges first brought in April for facilitating tax fraud and illegal practices be dropped, sources told AFP.
Feb 01, 2016, 22:52 PM IST
Black money: RBI closely watching probe against HSBC
The Reserve Bank Thursday said it is keeping a close watch on global banking major HSBC, which is facing multi-nation probe including by Indian tax authorities for alleged tax evasion and money laundering at its Swiss units.
Feb 26, 2015, 17:21 PM IST
British MPs grill HSBC bosses over tax-dodging scandal
HSBC bosses on Wednesday apologised for "unacceptable" failings at the banking giant`s Swiss division when they were grilled by British MPs over allegations HSBC helped rich clients dodge taxes.
Feb 25, 2015, 23:30 PM IST
Black money: I-T dept conducts survey at HSBC bank in Mumbai
The Income Tax department has conducted a "survey" operation at the head office of HSBC bank here in connection with the black money probe against it and certain Indians who held accounts in its Switzerland branch.
Feb 23, 2015, 22:21 PM IST
HSBC says target of French tax fraud probe
HSBC Private Bank, the Swiss subsidiary of British banking group HSBC, said Friday it had been placed under formal investigation as part of a French tax fraud probe.
Nov 21, 2014, 19:47 PM IST
