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The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

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 IST

Income Tax department

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 IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

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.

1 Jan 2018 3:03 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

I-T e-assessment: CBDT notifies new communication scheme

A machine-readable device kept at the CCC will receive the responses from the taxpayers.

27 Feb 2018 11:04 AM IST

As per PMLA, all NBFCs have to appoint a principal officer in financial institutions and report all suspicious and cash transactions of over 10 lakh rupees to FIU. (Photo: ANI)

Finance Ministry puts out list of high-risk finance companies

FIU released list on its website showing the names of NBFCs which have been found non-compliant to the PMLA rules.

26 Feb 2018 1:05 PM IST

Singhvi, meanwhile, refuted the allegations made against his family and described the action as harassment being meted out to him as he belonged to an opposition political party. (Photo: File)

I-T issues notice to Cong leader Singhvi's wife for purchases from...

I-T questions that Rs 1.5 cr was paid by cheque for the purchase of the jewellery, while about Rs 4.8 cr was paid in...

20 Feb 2018 7:21 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

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.

9 Feb 2018 1:38 PM IST

Bitcoin has more than tripled in price since the start of October, putting it on track for its best quarter since the end of 2013, when it surged above $1,000 for the first time.

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.

2 Feb 2018 4:07 PM IST

The income tax department and the ministry of corporate affairs (MCA) have signed a pact to regularly share data, including PAN and audit reports of firms. (Representational Image)

I-T department has technology to track suspicious transitions, black...

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

2 Feb 2018 10:16 AM IST

Income Tax department

Income Tax Dept sends second notice to Deepak Kochhar

The department sent the notice seeking an explanation from Deepak Kochhar on his personal income.

30 April 2018 2:45 PM IST

The CBI alleged that the exchange had not fulfilled the criteria for acquiring the status.

CBI files 4 new cases against I-T official

The alleged conspiracy was to get income-tax assessment files of different assessee firms transferred from Kolkata and...

28 April 2018 1:22 AM IST

This photo shows the recovered cash. Wads of notes, all of 500 denomination, were recovered from the flat.

As ATMs run dry, I-T dept seizes Rs 14.48 Cr from hoarders across...

Officials said the department raided a number of entities that were found to be hoarding cash in various states.

26 April 2018 9:00 PM IST