Income Tax Department | The Asian Age

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The 12, all from the Indian Revenue Service (IRS), included seven commissioners – one of the topmost ranks in the Income Tax department; one joint commissioner, three additional commissioners and an assistant commissioner. (Photo: File)

12 top tax officials told to retire amid bribe, sexual harassment probes

This is the first time the government has made such a move against so many officials accused of corruption and malpractice.

11 Jun 2019 9:05 AM

The CBIC officers have recently cancelled a large number of registrations on account of non-compliance, including non-filing of returns.

Businesses can apply for revoking cancellation of GST registration by July 22: CBIC

About 1.2 crore businesses are registered under GST, which was rolled out on July 1, 2017.

25 Apr 2019 2:16 PM

I-T officers’ appraisal policy junked

The HC, however, held in its judgement that such a policy was “wholly impermissible and invalid”.

25 Apr 2019 2:26 AM

An MNC having a fixed place of business in India is considered as having Permanent Establishment in India and is taxed as per domestic laws. (Photo: PTI)

I-T dept proposes new norms for taxing MNCs in India

The CBDT had set up the committee to bring greater clarity and predictability for taxing MNCs.

19 Apr 2019 9:09 AM

RTI activist Ajay Dubey had sought details related to search operations conducted by the Income Tax department from the Lokayukta. (Photo: File)

MP Lokayukta refuses to share details on IT searches against corrupt public servants

In its reply, the Lokayukta said the information sought is in question-answer format. Therefore, it cannot be given.

14 Apr 2019 11:15 AM

Since whole political and democratic actions have become money-playing politics, there is a direct invention of corporate houses.

People’s politics

Several candidates are opting for crowdfunding to finance their election campaigns to form an impartial and independent government.

13 Apr 2019 1:26 AM

He also stated that he had lost grip over the administration due to BJP’s attempts to destabilise his government. (Photo: ANI)

'EC, I-T dept literally harassing me, my family,' says Kumaraswamy

'Let the EC officials perform their duties, but don’t harass us over mere suspicion,' Kumaraswamy said.

05 Apr 2019 1:59 PM

By collating and triangulating internal intelligence reports, the modus operandi seems to be that cash is deposited in banks and may move undetected through banking channels or may stay dormant till required.

Suspicious transactions in N-E banks detected

The data so far procured is limited to about only ten days of transactions supplied by just five major banks of the region.

05 Apr 2019 1:19 AM

The last date for linking PAN with Aadhaar was March 31.

PAN-Aadhaar linking: Govt extends date for linking PAN with Aadhaar by 6 months

From April 1 onwards, it will be mandatory to quote as well as link Aadhaar number while filing income tax return.

01 Apr 2019 12:21 PM

The ruling alliance leaders had said the raids on Thursday were targeted at state Minor Irrigation Minister C S Puttaraju. (Photo: ANI/Twitter)

I-T raids a shameful attempt to threaten party workers: H D Kumaraswamy

The crackdown had come a day after Kumaraswamy claimed on Wednesday night that I-T raids had been planned from 5 am Thursday.

30 Mar 2019 5:41 PM

RBI has also asked banks keep their branches open on March 31, so that all govt transactions for financial year 2018-19 are accounted for within the same financial year. (Photo: PTI)

Income tax, GST offices to remain open on Mar 30, 31 to ease year-end collection

GST collections in the current fiscal till February totalled Rs 10.70 lakh crore.

30 Mar 2019 1:52 PM

As against the budget collection target of Rs 12,00,000 crore, only 85.1 per cent of the target at Rs 10,21,251 crore has been collected as on March 23.

Direct tax collection falls short, CBDT raises alarm

CBDT frames policy for the I-T dept and is also its controlling authority that functions from the North Block in the Finance Ministry.

28 Mar 2019 10:56 AM

Nirav Modi is a defaulter of Income Tax also, so the department took permission of the court for auctioning these paintings which were seized by Enforcement Directorate in PNB case investigation. (Photo: File)

Auction of Nirav Modi's art collection fetches Rs 54.84 cr

55 out of a total of 68 paintings in Modi's possession were sold on Tuesday.

27 Mar 2019 10:05 AM

The I-T department has given numerous deadlines to link Aadhaar with PAN, but it has now decided to set the deadline till March 31st of this year.

PAN-Aadhaar linking: Here's why your PAN card will be useless if not linked before Mar 31

As per the I-T Department, persons who haven’t linked their PAN with Aadhaar card may not be able to file income tax returns.

26 Mar 2019 3:03 PM

The court, also allowed the Income Tax Department to sell another 68 paintings seized by it as part of its separate probe against the absconding diamantaire, officials said. (Photo: ANI)

ED to sell 173 paintings, 11 vehicles of Nirav Modi

A public auction will be held later this month, officials said.

20 Mar 2019 5:27 PM

2610 kilograms of explosive material has also been recovered till now. (Photo: Twitter/ ANI)

2019 LS polls: 3.17 lakh litre liquor, Rs 4 cr cash, licensed weapons seized in UP

The arms licenses of 183 people were cancelled.

18 Mar 2019 12:58 PM

GST collection, however, is expected to rise to Rs 7.61 lakh crore in next fiscal.

Govt banking on advance tax collection to meet direct tax target of Rs 12 lakh cr

Government had earlier estimated Rs 11.5 lakh crore mop-up from direct tax collection.

15 Mar 2019 3:02 PM

The income tax department has set up seven to eight teams across Mumbai that will be immediately sent to the spot from where the complaint is received. (Photo: ANI)

Ahead of polls income tax department starts helplines

The numbers will be active 24/7 and a control room will be set up at the income tax department’s office.

15 Mar 2019 4:11 AM

Neemuch-resident Chandrashekhar Gaud had filed an online RTI query on February 25 last year asking the Central Board of Direct Taxation a list of 50 biggest tax defaulters as well as details of those people whose direct tax had been written off in the last 10 years. (Photo: File)

MP man receives 3,000 letters in response to RTI query by I-T dept

'Instead of sending me a consolidated reply, the CBDT forwarded my application to IT offices across India,' Gaud said.

11 Mar 2019 8:56 AM

The communication added taxpayers can check if their bank account is linked with their PAN by logging onto the e-filing website of the department--"https://www.incometaxindiaefiling.gov.in/"https://www.incometaxindiaefiling.gov.in. (Representional Image)

Link your PAN with bank for refunds: I-T to taxpayers

The department said refunds will be sent to bank accounts as it will issue only e-refunds from March 1, 2019.

28 Feb 2019 11:26 AM

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Sanjeev Ahluwalia