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Setback to India, intl panel rejects stay on Cairn arbitration

The panel, comprising three judges of international repute, has also turned down India's application for bifurcation of...

26 April 2017 1:25 PM IST

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Aamby Valley Limited gets notice from income tax department

The department has issued a Rs 24,646 crore tax demand notice to Sahara Group's AVL

25 April 2017 8:48 PM IST

The transport industry involved in LPG products has been badly affected by demonetisation.

LPG subsidy: Rs 10 lakh income under I-T lense

The department, till now, used to share such proprietary data with Law Enforcement Agencies like police, CBI, ED and...

20 Dec 2016 4:01 PM IST

I-T officials have been conducting frequent raids after they received information that some jewelers have been selling gold without issuing proper invoice to the buyers.

Cash hauls: Crores in new notes seized in raids

The I-T officials were in for a surprise when they raided an egg storing unit at Palbazar area in Jheel Road near...

20 Dec 2016 3:54 AM IST

Dhananjay Gawade

Shiv Sena leader's driver claims ownership of seized money

The police is trying to ascertain how the driver came to possess the money, sources revealed.

18 Dec 2016 2:22 AM IST

Sources from the Thane police said that the police informed income tax officials and now they are interrogating the accused.

Undisclosed income worth Rs 2,600 crore found since November 8

Income Tax department has carried out searches in 291 cases across the country and survey in 295 cases since November 8.

17 Dec 2016 3:33 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Report cash receipt over Rs 2 lakh in single transaction

Norms of aggregation contained in sub-rule 3 of Rule 114E have been amended vide CBDT notification dated Oct 6, 2016.

23 Dec 2016 3:24 PM IST

The government is cracking down and banks must report anybody depositing more than 250,000 rupees.

Family declares Rs 2 lakh crore holdings, I-T department starts probe

I-T department has rejected these two declarations and started investigations to find out those behind these fake...

5 Dec 2016 4:08 AM IST

I-T raids lead to biggest cash seizure

I-T raids lead to biggest cash seizure

The department said it detected unaccounted income worth Rs 152 crore after conducting searches.

2 Dec 2016 2:58 PM IST

he top leadership of the MCs said that property tax defaulters owe around Rs 2,700, including property tax dues with interest.

Direct, indirect tax collection grows in April-Nov

Government is eyeing a 12.64 per cent growth in direct tax at Rs 8.47 lakh crore for the current fiscal year.

10 Dec 2016 1:21 PM IST

Officials said the agency was investigating how the new notes in such a large quantity were stashed by the individual. (Photo: Twitter)

Chennai: I-T dept seizes Rs 106 crore, 127kg gold

This is the largest seizure of new currency notes after the old Rs 500 and Rs 1,000 notes were scrapped on November 8.

9 Dec 2016 5:07 PM IST

The new notes seized by income tax officials. (Photo: ANI/Twitter)

Income tax department seizes Rs 80 lakh in new notes from caterer

The caterer allegedly took help of business acquaintances' employees to exchange allegedly unaccounted old notes...

8 Dec 2016 7:16 AM IST