Apr 02, 2024, at 02:10 am
New Delhi/IBNS/UNI: The Income Tax department Monday assured the Supreme Court that it will not take any coercive steps to recover Rs 3500 crore dues from the Congress party till the end of the upcoming Lok Sabha Election.
BBC IT survey: Govt flags several discrepancies, inconsistencies in transfer pricing documentation
Feb 18, 2023, at 03:57 am
New Delhi/IBNS: After a three-day-long survey of the BBC offices in Delhi and Mumbai, the Income Tax Department has said several irregularities were found with regard to transfer pricing documentation.
BJP defends BBC office income tax survey
Feb 15, 2023, at 02:18 pm
Shimla: A senior BJP leader on Tuesday backed the surveys carried out by the country's Income Tax department sleuths in British Broadcasting Corporation (BBC) offices in Delhi and Mumbai.
IT Dept officials conduct surveys at BBC India offices over allegations of tax irregularities
Feb 14, 2023, at 09:44 pm
New Delhi/IBNS: Close on the heels of a ban on a BBC documentary on the role of Prime Minister Narendra Modi in the 2002 Gujarat riots, the national broadcaster of the UK is in news again in India on Tuesday. The Income Tax officials conducted surveys at the BBC's Delhi and Mumbai offices during the day and confiscated phones and laptops, media reports said.
Taxmen search UP meat exporter's premises
Nov 05, 2022, at 10:46 pm
Lucknow/UNI: The Income Tax Department on Saturday started searches at the premises, including house, office and factory, of former MLA and Bahujan Samaj Party (BSP) leader and meat exporter Zulfikar Ahmad Bhutto, official sources said.
ED attaches property of retired IT additional director in disproportionate assets case
Oct 04, 2022, at 04:53 am
New Delhi/IBNS: The Enforcement Directorate (ED) Monday said it has attached immovable property worth Rs 7.33 crore linked to the disproportionate assets case registered against income tax additional director Andasu Ravinder, who was compulsorily retired from service by the Finance Ministry.
Huawei's India CEO approaches Delhi HC over I-T dept's look out circular
May 27, 2022, at 09:21 pm
New Delhi: Huawei Telecommunications (India) chief executive officer Li Xiongwe has challenged the look out circular (LOC) issued against him by the Income-tax (I-T) department stopped him from flying outside India for a business meeting, media reports said.
I-T dept raids Hero MotoCorp MD
Mar 23, 2022, at 06:04 pm
New Delhi/UNI: The Income Tax (I-T) department has carried out searches on multiple premises associated with Hero MotoCorp MD Pawan Munjal, official sources said on Wednesday.
Sonu Sood evaded tax worth Rs. 20 crore: Income Tax Department
Sep 18, 2021, at 06:27 pm
New Delhi/IBNS: The Income Tax (IT) Department Saturday said actor Sonu Sood has evaded tax worth Rs. 20 crore, after searching the philanthropist's Mumbai house for three days, media reports said.
IT officials reach Sonu Sood's Mumbai residence day after raids in offices
Sep 16, 2021, at 05:51 pm
Mumbai/IBNS: The Income Tax (IT) officials Thursday reached actor Sonu Sood's residence here a day after his six offices were raided by the department, media reports said.
Income Tax officers 'survey' offices of news sites NewsClick and Newslaundry
Sep 11, 2021, at 03:26 am
New Delhi/IBNS: Income Tax officers visited offices of news sites NewsClick and Newslaundry on Friday, which they called a "survey" and not "raids".
Mamata condemns raids on Dainik Bhaskar group of newspapers
Jul 22, 2021, at 10:47 pm
Kolkata/UNI: West Bengal Chief Minister Mamata Banerjee on Thursday condemned the raids on the Dainik Bhaskar group of newspapers at multiple locations in the country by the IT department and said it was an attempt to stifle democracy.
IT raids in Dainik Bhaskar Group, one UP channel offices
Jul 22, 2021, at 06:17 pm
New Delhi/IBNS: Income Tax raids are being conducted in offices of Dainik Bhaskar Group as well as a channel in Uttar Pradesh Thursday morning, media reports said.
DMK chief MK Stalin's son-in-law raided by IT officials in Tamil Nadu
Apr 02, 2021, at 05:57 pm
Chennai/IBNS: DMK chief MK Stalin's son-in-law Sabareesan was on Friday raided by Income Tax officials at Chennai in poll-bound Tamil Nadu, media reports said.
IT raids in 2 Chennai-based groups reveal over Rs 1,000 cr undisclosed income : CBDT
Mar 07, 2021, at 10:33 pm
Chennai/UNI: The Central Board of Direct Taxes (CBDT) today said the Income Tax raids at two Chennai-based groups, including leading bullion trader in Tamil Nadu, led to the detection of undisclosed income of more than Rs 1,000 crore.
I-T raids on Congress MLA's office in Madhya Pradesh unearth over Rs 450 crore in undisclosed income
Feb 23, 2021, at 06:02 am
Bhopal/IBNS : The Income Tax department today raided the office premises of a Congress leader in Madhya Pradesh and recovered more than Rs 460 crore in undisclosed income, said media reports.
Family and commerce run hand-in-hand for Congress: Ravi Shankar Prasad
Nov 16, 2019, at 08:49 pm
New Delhi/UNI: The BJP on Saturday blasted the Congress party and the Gandhi family in the wake of the Income Tax Appellate Tribunal's decision on Friday and said for Congress, family and commerce run hand-in-hand, and that they are integrally linked and given a political color.
This is a budget for all Indians: Narendra Modi
Feb 01, 2019, at 03:54 pm
New Delhi, Feb 1 (IBNS): Praising his government's budget, Indian Prime Minister Narendra Modi on Friday described it as a 'budget for all Indians'.
National Herald case: SC allows I-T to continue tax reassessment of Sonia, Rahul Gandhi
Dec 04, 2018, at 02:45 pm
New Delhi, Dec 4 (IBNS) : The Supreme Court on Tuesday allowed the Income Tax department to re-open the tax assessments of Congress chief Rahul Gandhi and UPA chairperson Sonia Gandhi for 2011-2012 in connection with the National Herald case, media reports said.
IT officials conduct raids in Jayalalithaa's house in Chennai
Nov 18, 2017, at 04:25 pm
Chennai, Nov 18 (IBNS): The Income Tax (IT) officials conducted raids in former Tamil Nadu chief minister late J Jayalalithaa's Poes Gardens residence on Friday evening, media reports said.
CBI raids 23 premises in Bengal, Jharkhand in corruption case against IT official
Jul 12, 2017, at 09:27 pm
Kolkata/Ranchi, Jul 12 (IBNS) : The CBI on Wednesday conducted raids at 23 locations in West Bengal and Jharkhand in connection with a corruption case registered against the principal commissioner of Income Tax and others, media reports said.
After Kochi raid, IT looks to raid in Nagaland
Jun 12, 2017, at 01:43 am
Guwahati, June 11 (IBNS): Several politicians and bureaucrats of Nagaland now are under Income Tax (IT) department scanner after the IT unearthed over Rs 1000 crore of an ex- Nagaland police official owned group in Kochi in Kerala.
About 60,000 individuals to get notice as second phase of operation against black money starts today
Apr 14, 2017, at 05:42 pm
New Delhi, Apr 14 (IBNS) : About 60,000 individuals, identified by the Government, will get notice soon as the Income Tax department launches the second phase of the 'Operation Clean Money' to detect black money in the post-demonetisation period, media reports said.
Delay in filing audited returns may lead to political parties lose tax exemptions
Feb 02, 2017, at 08:06 pm
New Delhi, Feb 2 (IBNS): Political parties have to file audited returns by December every year or risk losing tax exemptions, said Revenue Secretary Hasmukh Adhia, according to media reports on Thursday.