Thursday, Dec 03, 2020 | Last Update : 04:41 AM IST

income tax department Page-7

DeMo depositors, all companies should file ITRs by Mar 31: I-T

Non-filing or incorrect filing of return of income may result in penalty and prosecution.

09 Feb 2018 1:38 PM

I-T will tax bitcoin trade, has issued few lakh notices: CBDT

The government in December cautioned investors to be wary of virtual currencies like bitcoin.

02 Feb 2018 4:07 PM

I-T department has technology to track suspicious transitions, black money: CBDT chief

With the help of technology, the I-T department was tracking the tax evaders and consolidating its measures in this regard.

02 Feb 2018 10:16 AM

Direct tax mop-up jumps 19 pc to Rs 6.89 lakh cr this fiscal

Collections till January 15, 2018 represent over 70 pc of Rs 9.8 lakh crore revenue target from direct taxes.

17 Jan 2018 5:32 PM

Delhi: I-T department seizes Rs 85 cr in cash, bullion from illegal vault

Assets worth more than Rs 61 crore were seized by the department over the week from multiple lockers located in the private vault in Delhi.

13 Jan 2018 3:16 PM


I-T dept attaches benami properties worth Rs 3,500 crore

Benami Act defines a benami transaction as a transaction where a property is held by or transferred to a person.

11 Jan 2018 1:37 PM

I-T collection up 13 pc in Bengal and Sikkim in April-January

Target for 2017-18 is Rs 41,891 crore and the department has been able to collect 69 per cent of the target till now.

11 Jan 2018 12:44 PM

Taxman alert: Keep away from benami transactions

Tax department attached benami assets worth Rs 1,833 crore across country from Nov 1, 2016 to Oct 2017.

10 Jan 2018 1:39 PM

New helpline for income tax e-filing

Department has separate helpline numbers to take questions and queries on various other issues that a taxpayer faces.

01 Jan 2018 3:03 PM

IT raid at NCP leader Baburao Chandere’s house in Pune

A exuberant wedding ceremony of his son a few months ago in which crores of rupees were allegedly spent had grabbed eyeballs.

20 Dec 2017 6:28 AM


I-T dept conducts surveys at Bitcoin exchanges country-wide

Bitcoin is not regulated in country and its circulation has been a cause of concern among central bankers.

13 Dec 2017 12:55 PM

CBI hands over Jayanthi forest land case to IT dept

Sources said the tax authorities had requested the CBI to hand over the files to the former for their probe into the case.

13 Dec 2017 2:21 AM

AAP kept double accounts, concealed info, dodged tax authorities: Yogendra Yadav

Yadav and Prashant Bhushan, former AAP leaders, had questioned the funding of the AAP before they were ousted from the party in April 2015.

29 Nov 2017 12:58 PM

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.

28 Nov 2017 1:48 PM

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.

27 Nov 2017 8:53 PM


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.

22 Nov 2017 7:55 PM

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.

14 Nov 2017 9:10 PM

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.

14 Nov 2017 8:41 PM

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.

14 Nov 2017 9:09 AM

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.

09 Nov 2017 3:48 PM