Department conducted 8,239 survey operations leading to detection of Rs 6,745 crore of black money.
06 Nov 2017 6:54 PM
The I-T department has now come out with draft notification to amend Rule 17A and Form 10A of the Act.
18 Oct 2017 4:24 PM
An option has also been provided to the taxpayer for emailing entire chat to their ids for future reference.
18 Oct 2017 2:01 PM
The total number of all returns (electronic + paper) filed during the financial year 2016-17 was 5.43 crore.
28 Sep 2017 12:40 PM
A taxpayer can do any business using their personal e- filing account only after updating the details.
22 Sep 2017 2:57 PM
The merchants had boycotted trading after some of the onion traders were raided by the income tax department.
19 Sep 2017 6:06 AM
Till last week as many as 70 per cent of 59.57 lakh taxpayers had filed returns.
15 Sep 2017 2:11 PM
Taxmen will analyse mismatches in income declarations and spending patterns to trace tax evasions and black money.
10 Sep 2017 12:45 PM
During the financial year 2015-16, a total of 1,014 cases were completed under the pilot project (e-assessment).
08 Sep 2017 5:17 PM
While Rs 15,496 crore was admitted as undisclosed income, surveys resulted in seizure of Rs 13,920 crore.
01 Sep 2017 2:39 AM
This is in relation to unpaid tax dues after the sale of CK Hutchison Holdings Ltd's mobile phone business to Vodafone in 2007.
29 Aug 2017 2:29 PM
One can access the 'e-Proceeding' option on Income Tax department's e-filing website to rectify the errors.
23 Aug 2017 1:18 PM
Number of individuals filing income tax returns has jumped to 2.79 crore this year from 2.23 crore last year.
18 Aug 2017 8:06 PM
Jaitley recently said that govt has not fixed any time frame to complete the linking of Aadhaar with PAN.
14 Aug 2017 2:50 PM
Tax authorities expect taxpayers to file a correct tax return without withholding any information.
09 Aug 2017 2:37 PM
The effect of demonetisation is also clearly visible in the growth in direct tax collections, the tax department said.
07 Aug 2017 6:48 PM
While about Rs 7.9 crore cash has been recovered from Delhi, about Rs 2.23 crore has been found at locations in the southern state.
02 Aug 2017 8:51 PM
The IT department's clarification came after Congress termed the raids as 'political witch-hunt of the Bharatiya Janata Party (BJP).
02 Aug 2017 1:34 PM
Congress leader Randeep Surjewala said Congress will neither bow down nor it will be intimidated by BJP's I-T department raids.
02 Aug 2017 1:16 PM
The I-T dept is also investigating charges of alleged role of money power and huge transfer of illegal funds in connection with RS polls.
02 Aug 2017 10:52 AM