income tax department
I-T notices to 1.16 lakh for cash deposits of Rs 25 lakh post note ban
I-T officials said number of people prosecuted for violating I-T laws has more than doubled to 609 in April- September this year.
Black money: Taxmen to launch assessment of defaulters from Jan
CBDT has asked the taxman to finish the process of serving notices to such entities by December 31.
Govt sets up panel to review income tax laws
In 2016 Finance Minister Arun Jaitley also promised to lower corporate tax rate to 25 per cent in 5 years.
CBDT to issue notices to 'suspicious' cash depositors
The people who have filed their returns will be examined against the amounts they have deposited during the period of note ban.
Third appeal in tax cases should be filed selectively: CBEC
The TPRU had suggested that CBEC should not contest a case further, if the issue has been lost in two previous stages of appeals.
Rs 1,430 crore undisclosed income found during raids on Sasikala clan, Jaya TV, says I-T dept
I-T sleuths last Thursday conducted multi-city raids on 187 premises, including those linked to Sasikala, Dhinakaran.
I-T dept raids Jaya TV Chennai office as part of 'Operation Clean Money'
The allegation also covers aspects like shell companies, dubious investments, fund flow and fudging of accounts.
Note ban: Over 20,000 I-T returns picked for detailed probe
Department conducted 8,239 survey operations leading to detection of Rs 6,745 crore of black money.
I-T dept issues draft notification for registration of trusts
The I-T department has now come out with draft notification to amend Rule 17A and Form 10A of the Act.
I-T dept launches 'online chat' to answer taxpayers queries
An option has also been provided to the taxpayer for emailing entire chat to their ids for future reference.