Income Tax Officials
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2 Delhi Cops Pose As Taxmen, Raid Businessman's House, Arrested
Two constables have been arrested for posing as income tax officials and raiding a Delhi businessman's house in the city, said police.
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Income Tax Department On "Chopper Searched" Charge By Trinamool Leader
As a row erupted over the TMC's claim of a "raid" by income tax officials targeting a helicopter used by Abhishek Banerjee, I-T department sources claimed on Sunday that there was no enforcement action such as search or survey.
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Avoid Discussing Official Matters On Social Media: CBDT To Tax Officials
The CBDT has asked Income Tax department officials to "avoid" discussing official decisions on social media platforms like Twitter, Facebook and others.
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Tax Officials Can Reopen Up To 10-Year-Old Cases In Big Transactions
According to the memorandum to the Finance Bill 2017, the amendment to the Income Tax Act will take effect from April 1, 2017. This means that the books of accounts of an assessee can be reopened by taxmen back till 2007.
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Tax Searches Underway At Premises Linked To Tamil Nadu Minister EV Velu
Income Tax officials on Friday launched searches in multiple locations in Tamil Nadu linked to state minister EV Velu, police sources said.
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Tax Officials Recover Rs 8.5 Lakh From Outside Patna Congress Office
A team of Income Tax officials arrived at Congress' office in Patna on Thursday to serve a notice to them after money was recovered from a vehicle parked outside the office's compound.
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Government Retires 15 More Senior Tax Officials On Graft Charges: Report
The government has compulsorily retired 15 more tax officers in the fourth tranche of its crackdown on errant officials accused of corruption and other malpractices.
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AAP Minister Kailash Gahlot Evaded Tax Worth Rs 120 Crore: Officials
The Income Tax department, which carried out search operations at premises belonging to Delhi Transport minister Kailash Gahlot on Saturday said it has found documents that show he had evaded tax worth Rs 120 crore.
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Income Tax To Track Withdrawals That Led To Cash Crunch: Officials
Income tax officials have been roped in to probe the surge in cash withdrawals that is believed to have contributed to ATMs running out of cash in several parts of the country, a top government official has told NDTV. Finance Minister Arun Jaitley had earlier acknowledged a temporary shortage caused by 'sudden and unusual increase' of withdrawal in...
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Income Tax Department Raids 33 Places In Tamil Nadu
Income Tax (IT) officials today raided 33 premises in Tamil Nadu and Madurai belonging to three business groups. It is a follow-up to its earlier searches linked to jailed AIADMK leader VK Sasikala's family and business associates, said a senior official.
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Raid On VK Sasikala's Family Continues On Day 4
Income Tax officials continued for the fourth day on Sunday their search for unaccounted wealth at the premises of jailed AIADMK leader VK Sasikala's family and their business associates, officials said.
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They're Following My Sister Too, Kidnapped Bengaluru Teen Warned In Video
On a video shot on a cellphone, the college student pleads, "Hello Appa, I have been kidnapped. They want 50 lakhs it seems. Please pay....please!"
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Income Tax Officer Booked For Demanding 65 Lakh Bribe
The anti-corruption bureau (ACB) has lodged a case against an Income Tax officer and arrested a chartered accountant, who was acting as a middleman, for allegedly accepting Rs 8 lakh bribe from a petrol pump owner.
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Tax Officials To Go Easy On Deposits Up To Rs 5 Lakh By Those Above The Age Of 70
The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but the limit has been fixed at Rs 2.5 lakh for other individuals. "There is absolutely no cause for panic. We are not going after everyone who deposited their holding of the demonetised currency in ba...
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Tax Officers Asked To File Self-Appraisal Report On E-Assessment
Under its e-assessment scheme, the Income Tax Department uses email for sending questionnaires and notices at the time of scrutiny proceedings and taxpayer also has to respond by email.
-
2 Delhi Cops Pose As Taxmen, Raid Businessman's House, Arrested
Two constables have been arrested for posing as income tax officials and raiding a Delhi businessman's house in the city, said police.
-
Income Tax Department On "Chopper Searched" Charge By Trinamool Leader
As a row erupted over the TMC's claim of a "raid" by income tax officials targeting a helicopter used by Abhishek Banerjee, I-T department sources claimed on Sunday that there was no enforcement action such as search or survey.
-
Avoid Discussing Official Matters On Social Media: CBDT To Tax Officials
The CBDT has asked Income Tax department officials to "avoid" discussing official decisions on social media platforms like Twitter, Facebook and others.
-
Tax Officials Can Reopen Up To 10-Year-Old Cases In Big Transactions
According to the memorandum to the Finance Bill 2017, the amendment to the Income Tax Act will take effect from April 1, 2017. This means that the books of accounts of an assessee can be reopened by taxmen back till 2007.
-
Tax Searches Underway At Premises Linked To Tamil Nadu Minister EV Velu
Income Tax officials on Friday launched searches in multiple locations in Tamil Nadu linked to state minister EV Velu, police sources said.
-
Tax Officials Recover Rs 8.5 Lakh From Outside Patna Congress Office
A team of Income Tax officials arrived at Congress' office in Patna on Thursday to serve a notice to them after money was recovered from a vehicle parked outside the office's compound.
-
Government Retires 15 More Senior Tax Officials On Graft Charges: Report
The government has compulsorily retired 15 more tax officers in the fourth tranche of its crackdown on errant officials accused of corruption and other malpractices.
-
AAP Minister Kailash Gahlot Evaded Tax Worth Rs 120 Crore: Officials
The Income Tax department, which carried out search operations at premises belonging to Delhi Transport minister Kailash Gahlot on Saturday said it has found documents that show he had evaded tax worth Rs 120 crore.
-
Income Tax To Track Withdrawals That Led To Cash Crunch: Officials
Income tax officials have been roped in to probe the surge in cash withdrawals that is believed to have contributed to ATMs running out of cash in several parts of the country, a top government official has told NDTV. Finance Minister Arun Jaitley had earlier acknowledged a temporary shortage caused by 'sudden and unusual increase' of withdrawal in...
-
Income Tax Department Raids 33 Places In Tamil Nadu
Income Tax (IT) officials today raided 33 premises in Tamil Nadu and Madurai belonging to three business groups. It is a follow-up to its earlier searches linked to jailed AIADMK leader VK Sasikala's family and business associates, said a senior official.
-
Raid On VK Sasikala's Family Continues On Day 4
Income Tax officials continued for the fourth day on Sunday their search for unaccounted wealth at the premises of jailed AIADMK leader VK Sasikala's family and their business associates, officials said.
-
They're Following My Sister Too, Kidnapped Bengaluru Teen Warned In Video
On a video shot on a cellphone, the college student pleads, "Hello Appa, I have been kidnapped. They want 50 lakhs it seems. Please pay....please!"
-
Income Tax Officer Booked For Demanding 65 Lakh Bribe
The anti-corruption bureau (ACB) has lodged a case against an Income Tax officer and arrested a chartered accountant, who was acting as a middleman, for allegedly accepting Rs 8 lakh bribe from a petrol pump owner.
-
Tax Officials To Go Easy On Deposits Up To Rs 5 Lakh By Those Above The Age Of 70
The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but the limit has been fixed at Rs 2.5 lakh for other individuals. "There is absolutely no cause for panic. We are not going after everyone who deposited their holding of the demonetised currency in ba...
-
Tax Officers Asked To File Self-Appraisal Report On E-Assessment
Under its e-assessment scheme, the Income Tax Department uses email for sending questionnaires and notices at the time of scrutiny proceedings and taxpayer also has to respond by email.
