Incom Tax Department
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IT Department Reportedly Issues Tax Notices to Crypto Traders Over Past Unreported Transactions
Indian tax authorities are issuing notices to crypto investors over unreported transactions from past financial years. The move follows increased scrutiny of exchange data and income filings, with regulators using analytics tools to detect mismatches. The notices aim to improve compliance and allow investors to clarify discrepancies before further ...
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Supreme Court Refuses Plea Over 'Invasive' Seizure Powers For Tax Officials
The Supreme Court on Monday refused to hear a public interest litigation, or PIL, against a new law allowing Income Tax Department officers to search and seize personal electronic devices.
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'Will Contest' Says Meesho As I-T Slaps Rs 1,500 Crore Tax Demand Notice
The filing said that the demand order is based on certain additions and adjustments to the income reported by the company.
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Biryani Chains-Linked Tax Case Leads To Alleged 70,000 Crore Billing Scam
Three popular Hyderabad biryani chains are the focus of a major tax fraud inquiry that could lead authorities to widespread manipulation of restaurant billing systems and massive undeclared revenue.
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Vijay Can't Evade Rs 1.5 Crore Tax Penalty, Court Dismisses His Appeal
In a setback for actor-turned-politician Vijay, the Madras High Court today upheld its Rs 1.5 crore income tax penalty order and dismissed his appeal.
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Before Real Estate Tycoon CJ Roy's Suicide, Petition Against Tax Raids, Then 'U-Turn'
Days after realtor and businessman CJ Roy was found dead in his Bengaluru office, questions persist regarding the circumstances that led him to take such an extreme step.
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e-PAN Card: What Is It, How to Download, Benefits, Documents Required and More
The Income Tax Department issues a Permanent Account Number to individuals, companies, and other organisations to track their tax returns and other financial records. It also comes in handy when you have to file your tax returns. At the time of applying for a fresh PAN card, the Income Tax Department now gives you an option to either receive a phys...
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UP Labourer Receives Rs 7 Crore Income Tax Notice
A daily-wage labourer in an Uttar Pradesh village claimed to have received an I-T department notice demanding over Rs 7 crore in unpaid taxes. He is predictably puzzled and distressed about how to respond.
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Got ITR Mismatch Message From Income Tax Department? Here's What It Means
The Income Tax Department sends these messages as part of its risk management process to ensure accuracy in tax filings.
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Retired Army Man Duped Of Rs 23 Lakh. He Wanted Government Jobs For Family
The Delhi Police has arrested a 38-year-old man for allegedly cheating a retired Army officer of Rs 23 lakh by promising to secure government jobs in the Income Tax Department for his daughter and other relatives, an official said on Tuesday.
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IT Department Reportedly Issues Tax Notices to Crypto Traders Over Past Unreported Transactions
Indian tax authorities are issuing notices to crypto investors over unreported transactions from past financial years. The move follows increased scrutiny of exchange data and income filings, with regulators using analytics tools to detect mismatches. The notices aim to improve compliance and allow investors to clarify discrepancies before further ...
-
Supreme Court Refuses Plea Over 'Invasive' Seizure Powers For Tax Officials
The Supreme Court on Monday refused to hear a public interest litigation, or PIL, against a new law allowing Income Tax Department officers to search and seize personal electronic devices.
-
'Will Contest' Says Meesho As I-T Slaps Rs 1,500 Crore Tax Demand Notice
The filing said that the demand order is based on certain additions and adjustments to the income reported by the company.
-
Biryani Chains-Linked Tax Case Leads To Alleged 70,000 Crore Billing Scam
Three popular Hyderabad biryani chains are the focus of a major tax fraud inquiry that could lead authorities to widespread manipulation of restaurant billing systems and massive undeclared revenue.
-
Vijay Can't Evade Rs 1.5 Crore Tax Penalty, Court Dismisses His Appeal
In a setback for actor-turned-politician Vijay, the Madras High Court today upheld its Rs 1.5 crore income tax penalty order and dismissed his appeal.
-
Before Real Estate Tycoon CJ Roy's Suicide, Petition Against Tax Raids, Then 'U-Turn'
Days after realtor and businessman CJ Roy was found dead in his Bengaluru office, questions persist regarding the circumstances that led him to take such an extreme step.
-
e-PAN Card: What Is It, How to Download, Benefits, Documents Required and More
The Income Tax Department issues a Permanent Account Number to individuals, companies, and other organisations to track their tax returns and other financial records. It also comes in handy when you have to file your tax returns. At the time of applying for a fresh PAN card, the Income Tax Department now gives you an option to either receive a phys...
-
UP Labourer Receives Rs 7 Crore Income Tax Notice
A daily-wage labourer in an Uttar Pradesh village claimed to have received an I-T department notice demanding over Rs 7 crore in unpaid taxes. He is predictably puzzled and distressed about how to respond.
-
Got ITR Mismatch Message From Income Tax Department? Here's What It Means
The Income Tax Department sends these messages as part of its risk management process to ensure accuracy in tax filings.
-
Retired Army Man Duped Of Rs 23 Lakh. He Wanted Government Jobs For Family
The Delhi Police has arrested a 38-year-old man for allegedly cheating a retired Army officer of Rs 23 lakh by promising to secure government jobs in the Income Tax Department for his daughter and other relatives, an official said on Tuesday.
