IT department

Mumbai: Income Tax department prepares list of PSUs to resolve settlement dispute under Vivad se Vishwas Scheme

Mumbai: Income Tax department prepares list of PSUs to resolve settlement dispute under Vivad se Vishwas Scheme

Sources also said that in case of CPSUs, the income tax department had calculated tax demands that went up to Rs 1.57 lakh crore

IT department cancels registration of six Tata Trusts from Oct 31, 2019

IT department cancels registration of six Tata Trusts from Oct 31, 2019

New Delhi: The income tax department has cancelled registration of six Tata Trusts, including Jamsetji Tata Trust, R.D. Tata Trust and Ta...Read More

Why restrict the sacks to IT Department?

Why restrict the sacks to IT Department?

Last week the Government compulsorily retired (read dismissed) fifteen more senior income tax officials. Officers of the rank of principa...Read More

Karti Chidambaram lashes out at the media, says 'all my assets duly accounted for'

Karti Chidambaram lashes out at the media, says 'all my assets duly accounted for'

If the agencies, including the IT Department, had proof of 'undeclared assets' or 'undisclosed sources of income', they could have easily...Read More

Bhopal: CCTV footage to reveal high profile visitors at Ashwini’s place

Bhopal: CCTV footage to reveal high profile visitors at Ashwini’s place

Income Tax officials besides conducting raids at Platinum Plaza residence of Ashwini Sharma and Prateek Joshi also took away the CCTV foo...Read More

Bhopal: BPL cardholder’s assets worth Rs 25 crore unearthed

Bhopal: BPL cardholder’s assets worth Rs 25 crore unearthed

A BPL (Below Poverty Line) card holder and owner of property worth crores- after falling into income tax department dragnet- realised tha...Read More

Shah Rukh Khan yet again in legal trouble after Income Tax department challenges relief over alleged benami property

Shah Rukh Khan yet again in legal trouble after Income Tax department challenges relief over alleged benami property

Shah Rukh Khan has landed in legal soup again. Fresh tax trouble for the superstar after the Income Tax department challenged an order th...Read More

Bhopal: Post DeMo, Crooks forge docus, open bank a/c, carry out transactions

Bhopal: Post DeMo, Crooks forge docus, open bank a/c, carry out transactions

Bhopal: A city-based woman working with a law firm in New Delhi has lodged a police complaint against unknown persons for forging her doc...Read More

Medical mess, Ego clash delays info system in civic hospitals

Medical mess, Ego clash delays info system in civic hospitals

Mumbai: If you are among the thousands who are eagerly waiting to get rid of long queues with implementation of the health management inf...Read More

Assessment order passed on taxes of Rahul, Sonia Gandhi but not given effect, IT dept informs SC

Assessment order passed on taxes of Rahul, Sonia Gandhi but not given effect, IT dept informs SC

New Delhi: The Income Tax department informed the Supreme Court Tuesday that an assessment order (AO) with respect to the tax of top Cong...Read More

IT department to quiz VK Sasikala in disproportionate assets case

IT department to quiz VK Sasikala in disproportionate assets case

Chennai: The Income Tax (I-T) Department is all set to quiz former chief minister J Jayalalithaa’s close aide VK Sasikala, in disproporti...Read More

CBDT allows tax official to widen scope of probes on ‘limited scrutiny’ cases

CBDT allows tax official to widen scope of probes on ‘limited scrutiny’ cases

New Delhi: The CBDT has issued a fresh directive on ‘limited scrutiny’ assessment cases allowing the tax officials to widen the scope of ...Read More

IT Department looking into 80,000 cases where returns not filed post demonetisation

IT Department looking into 80,000 cases where returns not filed post demonetisation

New Delhi: The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns, post demonetisation, despite th...Read More

IT department raids residences of Telangana Congress leader A Revanth Reddy, party calls it political vendetta

IT department raids residences of Telangana Congress leader A Revanth Reddy, party calls it political vendetta

Hyderabad: The Income Tax Department is conducting searches at the residences of Telangana Congress Working president A Revanth Reddy her...Read More

Supreme Court slams IT dept, says apex court is not a ‘picnic place’

Supreme Court slams IT dept, says apex court is not a ‘picnic place’

New Delhi: The Supreme Court has slammed the Income Tax department for making “misleading statement” about pendency of an appeal while ma...Read More

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ITRs of HNI buyers of Nirav jewellery under lens

New Delhi : The Income Tax Department has decided to re-assess the ITRs of over 50 high net-worth individuals (HNIs) who purchased costly...Read More

ICICI-Videocon case: IT Dept issues fresh notice to Deepak Kochhar

ICICI-Videocon case: IT Dept issues fresh notice to Deepak Kochhar

New Delhi: The Income Tax (IT) Department on Monday sent a second notice to ICICI Bank Chief Chanda Kochhar‘s husband, Deepak Kochhar, am...Read More

Navjot Singh Sidhu’s bank accounts seized by IT department for nonpayment of taxes

Navjot Singh Sidhu’s bank accounts seized by IT department for nonpayment of taxes

New Delhi: The Income Tax (IT) department on Thursday seized two bank accounts of Punjab Minister Navjot Singh Sidhu for non-payment of t...Read More

Income Tax Department publicly names defaulters owing Rs 490 crore taxes

Income Tax Department publicly names defaulters owing Rs 490 crore taxes

New Delhi: The Income-Tax Department today released a pan-India list of 24 defaulting individuals and companies who owe about Rs 490 cror...Read More

Supreme court rejects I-T department’s claim, gives relief to 50 non-residential societies in Mumbai

Supreme court rejects I-T department’s claim, gives relief to 50 non-residential societies in Mumbai

New Delhi: In a major relief to over 50 societies of the non-residential premises in Mumbai, the Supreme Court has struck down the Income...Read More

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