Browsing Tag
income tax department
71 posts
Income Tax Department to Launch new e-filing Portal on June 7
Tax-payers are encouraged to complete all their urgent tasks involving any submission, upload or downloads before June 1, 2021 to avoid any difficulty during the blackout period.
Income Tax Department conducts searches in Jharkhand
The Income Tax Department carried out searches on a closely-held Group of Jharkhand on 17.03.2021 and concluded the…
Income Tax records Robert Vadra’s statement in Benami properties case
New Delhi, Jan 4 : The Income Tax Department officers on Monday started recording the statement of Robert…
Deadline for filing income tax returns by individuals extended by 10 days to January 10, 2021: Govt
The government has also extended the report of furnishing the tax audit report to January 15, 2021.
Rs 8.5 lakh seized from car in Congress’ Patna office
Patna Oct 22 : An Income Tax Department team raided Congress headquarters Sadaqat Ashram in Patna on Thursday…
IT Dept computed interests wrongly in most assessment cases: CAG
New Delhi, Sep 23 : The Comptroller and Auditor General of India has said that the Income Tax…
Man complains to IT dept for refund, Railways Ministry asks for PNR!
New Delhi, Jan 28 : A man complained to Income Tax Department for the delay in receiving refund…
Deadline for linking PAN with Aadhaar extended to March 31
A tax professional said that even many business people are yet to link the two documents as they have certain apprehensions.
MP honeytrap: I-T, SIT face-off over money trail
Cash worth Rs 47 lakh was found from the ICICI Bank locker of accused Shweta Vijay Jain. This locker was opened by SIT itself.
Congress condemns IT raids on staff members
The raid were being conducted here as well as in Kanpur, Kochi and Rajasthan.
Govt messed up macro-economy, should have axed IT: Subramanian Swamy
The situation has not improved as demand has not picked up, he said: "Because Finance Ministers in our BJP government don't know any economics. That's the problem."
Election Commissioner Ashok Lavasa’s wife in trouble over IT notice
Lavasa had earlier dissented in various decisions of the poll body involving complaints against Modi and Shah for alleged violation of the Model Code of Conduct, where they were given a clean chit.
IT dept attaches Gurugram benami Hotel Bristol linked to Congress’s Kuldeep Bishnoi
The said entity and its assets were benami assets of Bishnoi and Chander Mohan, sons of late former Chief Minister of Haryana Bhajan Lal.
Keep I-T Dept away from CBDT, set up independent tax admin body: CAG
"Government may consider the IT System for direct taxes being placed at arms length from CBDT, with an independent governmental body or organization," the CAG report said.
IT attaches property of Mayawati’s brother, wife
New Delhi, July 18 The Income Tax Department said on Thursday it has attached a benami commercial plot…
JK Bank case: IT conducts raids at former finance minister’s son house in Jammu and Kashmir
The Income Tax Department on Thursday conducted raids at various locations of a prominent business group based in…
Case of money laundering registered against Raghav Bahl: ED
The Income Tax department (I-T) had last year raided Bahl's residence and office in an alleged case of tax evasion.
CBI, ED working like IT cell of BJP: Tejashwi
Patna, April 27: In a scathing attack, Rashtriya Janata Dal leader Tejashwi Yadav on Saturday said the Central…
I-T department to use Big Data Analytics from April
New Delhi, March 29: Tax evasion is likely to get more difficult if not impossible with the entry…
Mayawati aide raided by Income Tax wing
Lucknow, March 12: The Lucknow and New Delhi residences of retired IAS officer Net Ram, a close aide…
Income Tax Department Detains AAP MLA Naresh Balyan after 2 Crore Cash Recovered
New Delhi, March 8 : Aam Aadmi Party (AAP)’s Uttam Nagar legislator Naresh Balyan has been detained by…
I-T Department seizes Rs 37 lakh, jewellery from Delhi Minister
The raids too place in Vasant Kunj, Paschim Vihar, Najafgarh and Gurugram.
Taxmen claim Delhi Minister evaded Rs 120 cr in tax
New Delhi, Oct 13: The Income Tax department, which carried out search operations at premises belonging to Kailash Gahlot,…
IT raids at TDP MP’s houses in Telangana, Andhra Pradesh
Hyderabad, Oct 12: The Income Tax Department officials on Friday conducted searches at the residences and offices of…
I-T carries out ‘surveys’ at Raghav Bahl’s home, office for alleged tax evasion
The official also said that the three other people who were covered under the surveys included were Kamal Lalwani, Anup Jain and Abhimanyu Chaturvedi.
‘Panna Singh Pakore wala’ surrenders Rs 60 lakh to Income Tax dept
Ludhiana, Oct 6: The renowned pakoda seller of Ludhiana ‘Panna Singh Pakore wala’ on Saturday surrendered Rs 60…
Income Tax notices to 9000 people in Noida
Noida , Sep 11 : Income Tax department on Tuesday has sent notices to 9000 people in Noida…
Modi government ‘unnerved’ by Bharat Bandh, says Congress
New Delhi, Sep 10 : On a day the Delhi High Court dismissed Congress President Rahul Gandhi and…
IT raids house of Sushil Modi’s sister in Srijan scam
Patna, Sep 6: The Income Tax Department on Thursday raided the residence of senior BJP leader and Bihar…
‘IT Department charges against Karti Chidambaram, others baseless’
Chennai, May 12: The Income Tax (IT) Department charges against the family members of former Union Finance Minister P.…
Income Tax Department sends second notice to Deepak Kochhar
New Delhi, April 30: The Income Tax Department has sent a second notice to Deepak Kochhar, husband of ICICI…
ED questions Delhi Minister Jain in money laundering case
New Delhi, April 3 (IANS) The Enforcement Directorate (ED) on Tuesday questioned Delhi Health Minster Satyendar Jain in…
SRK’s Alibaug farmhouse attached by Income Tax department under Benami Act
New Delhi, Jan 31: The income-tax (I-T) department has provisionally attached actor Shah Rukh Khan’s farmhouse in Alibaug,…
IT department raids at seven locations of Oriental Institute & Thakral group
New Delhi, Jan 12: Income-Tax department conducts raids at seven locations of Oriental Institute of Science and Technology…
AAP dismisses Rs 30 cr tax notice, claims it has record of donations
New Delhi, Nov 27 : Dubbing the Income Tax Department’s Rs 30.67 crore tax notice as “bogus” and “vindictive…
IT raids over 50 places in NCR, recovers Rs 7 cr
New Delhi, Oct 7, 2017: The Income Tax Department on Saturday raided over 50 premises belonging to a…
IT raids private firm linked to Delhi Police officer’s wife
New Delhi, Aug 30 : The Income Tax Department on Wednesday conducted raids here at the office of…
IT department warns against cash transaction above Rs. 2 Lakh
New Delhi, Aug 29: The Income Tax department once again warned people against indulging in cash transaction of…
IT dept issues fresh summons to Lalu’s daughter, son-in-law
New Delhi, Aug 17, 2017: The Income Tax Department on Thursday issued fresh summons to Rashtriya Janata Dal…
Fresh summon issued for Misa to appear on 12 June in benami property case
New Delhi, June 6: Misa Bharti, Rashtriya Janata Dal (RJD) chief Lalu Prasad’s daughter, who was slated to…
‘100% penalty against cash transaction of over Rs 2 lakh’
Section 269ST has been inserted in the Act with effect from April 1 to restrict acceptance of cash of Rs 2 lakh or more by any person.
RJD supporters protests out BJP Headquarter in Patna
May 17 , Wednesday : A day after the Income-Tax department conducted raids at 22 locations in Delhi…
Lalu under IT scanner in Benami land deals worth Rs 1000 crore
New Delhi, May 16, 2017: The Income-Tax department on Tuesday are looking into Benami land deals worth Rs…
Operation Clean Money, Phase II: 60,000 accounts to be investegated
New Delhi, April 14: The second phase of the ‘Operation Clean Money’ to detect black money was launched…
CBDT: Self-certify your bank accounts by April 30 or get blocked
New Delhi, April 12: The Income tax department on Tuesday said that people holding bank accounts opened between…
CBDT allots PAN and TAN in a day for ease of doing business
New Delhi, April 11 In another move to improve ease of doing business in India, the Income Tax…
Four held with old currency worth Rs 6.58 crore in Delhi
New Delhi, March 22, 2017: Four property dealers were arrested with old currency notes worth Rs 6.58 crore…
IT dept asks taxpayers to e-verify deposits made post demonetisation
New Delhi, February 2: Five weeks after expiry of demonetisation deadline, IT department has clear a bit of…
Niti Aayog to track fraud in Jan Dhan accounts
New Delhi, January 24: In a yet another diversion from its initially prescribed role of a think tank…
Money laundering case: ED arrests Rohit Tandon, to produce him in court today
New Delhi, Dec 29, 2016: Delhi-based lawyer Rohit Tandon was arrested by the Enforcement Directorate on Wednesday night…
Money laundering case: ED arrests Kotak bank manager in Delhi
New Delhi, Dec 28, 2016: Days after a branch of Kotak Mahindra Bank in Delhi came under the…
Post demonetisation: IT dept unearths over Rs 3,185 cr black money
New Delhi, Dec 21, 2016: After the decision to demonetise Rs 1000 and Rs 500 has announced, the…
Tax dispute resolution scheme fails to take off; Only 300 assessees come forward
New Delhi, December 20: Modi government’s tax dispute resolution scheme has failed to sail off as only 300 assessees…
CBI registers case in recovery of new notes around Rs 8 cr
New Delhi, Dec 20: Amid Income Tax Department’s recovered Rs 7.97 crore from bank lockers, Central Bureau of Investigation…
IT sleuths: ED freezes Rs 120 cr in Mumbai; more all across India
Dec 17: Seizing unaccounted money all across India seems like a daily business now, the money in old currency…
Gold mine of unaccounted money being seized all across India
Dec 15: Amid Demonetization and the circulation of new currency notes of Rs 2000 and Rs 500, the Income…
Back-dates FDs may reason colossal deposits by Cooperative banks: Taxmen
Mumbai, Dec 15, 2016: Cooperative banks and credit societies may come under scanner as the Income-tax department suspects…
Rs 2.89 crore unaccounted cash seized in Bengaluru flat
Dec 14: On a tipoff, the investigation wing of the Income Tax (IT) department found and seized Rs…
Income Tax Department seized Rs 1.56 crore from cooperative bank in Jaipur
Jaipur, December 12 : The Income Tax department here has seized Rs 1.56 crore, including Rs 1.38 crore…
Surat police seize Rs 76 lakh in new Rs 2000 currency, 4 held
Gujarat, Dec 10, 2016: Surat police on Friday arrested four persons with currency notes of Rs 2,000 denomination…
IT raid unearths 44 fake accounts at Axis Bank branch in Delhi
New Delhi, Dec 9 : The Income Tax (IT) department has unearthed 44 fake accounts during a raid…
Mumbai family declares Rs 2 lakh cr black money, IT dept rejects claim
New Delhi, Dec 5, 2016: The Income Tax department on Sunday has rejected two high-value declarations, one of…
Businessman declares Rs 13000 crore as Black money, fails to pay tax
Ahmedabad, Dec 2, 2016: The Income Tax Department is investigating a most peculiar case in Ahmedabad. A businessman…
People trying to convert black money into white may face 7 years in jail
Delhi, 21 Nov: The Income tax department has launched operations across the country to keep eyes on the…
‘Bahubali’ producers face Income Tax dept heat
Mumbai, 12 Nov: The Income Tax officials on Friday conducted searches at offices of ‘Bahubali’ producers. However, the…
I-T dept monitoring buyers of luxury items
Delhi, 11 Nov: The tax department is having a close eye on the buyers and sellers of luxury…
Deposits over Rs. 2.5 lakh to attract penalty on mismatch: Govt
New Delhi, Nov 10, 2016: The government today informed that the cash above Rs. 2.5 lakh deposited in…
Income Tax department summons Satyender Jain for money laundering
New Delhi, Sep 27: Another leader of Aam Aadmi Party has hit the headlines after Delhi Health minister…
Government denies ordering arrest of wilful tax defaulters
New Delhi, June 21 : The government on Tuesday denied reports in a section of media that India’s income…
Charges against son false, I am real target: Chidambaram
Former Finance Minister P. Chidambaram said on Sunday that he was the real target of the “preposterous, malicious…
E-filing: Over 50 lakh ITRs e-verified by IT dept
The Income Tax department’s ambitious OTP-based ITR filing system for taxpayers has crossed the 50 lakh e-verification mark,…