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Congress' Appeal Against Tax Demand Of Rs 199 Crore Dismissed By Tribunal
The Congress will not get any relief for the income tax demand to the tune of Rs 199 crore in party funds, pending from 2018-19.
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Making Exaggerated Claims To Get Refunds Punishable Offence: Tax Department
The I-T Department has asked income tax return filers to not make bogus claims for expenses, under-report their earnings or exaggerate deductions as this is a punishable offence and causes a delay in issuance of refunds.
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Akshay Kumar Reacts As His Martial Arts' Trainees Get Jobs In I-T Department: "So Emotional, So Proud"
"I'm immensely happy," Akshay wrote in his post
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Received 11 Income Department Notices In 72 Hours: Trinamool MP
Trinamool Congress (TMC) MP Saket Gokhale on Friday said he has received 11 notices from the income-tax department in the last 72 hours and alleged that every attempt is being made to put pressure on the opposition ahead of the Lok Sabha polls.
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Ashneer Grover Thanks IT Department For Tax Assessment Closure, Calls Himself ''A Diligent Taxpayer''
He acknowledged that closing of tax assessment would strengthen his defence in his ongoing legal cases.
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IT Department Searches Offices, Units Of Tyre Maker Balkrishna Industries
The Income Tax Department has been conducting searches on premises linked to tyre manufacturer Balkrishna Industries Ltd. since Monday, an exchange filing has revealed. The premises include office buildings and manufacturing units.
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Lenovo Premises In Bengaluru, Mumbai, Gurugram Searched By Tax Officials
Income Tax officials are carrying out searches at the premises of Chinese electronics giant Lenovo over allegations of tax evasion. The searches have been conducted in Bengaluru, Mumbai and Gurugram.
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BJP Seeks Hemant Soren's Apology Over Jharkhand Probe Agency Officer's Vehicle Comment
The BJP on Sunday sought an apology from Jharkhand Chief Minister Hemant Soren for alleging that an officer of the Income Tax department went to conduct a raid on a vehicle provided by the opposition party in the state.
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Rs 6,000 Crore Unicorn Raided In 5 States, Agrees To Pay Up Avoided Tax
The Income Tax department has detected undisclosed income of about Rs 224 crore after it recently raided a unicorn start-up group based in Pune and Thane in Maharashtra, the CBDT said on Sunday.
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Huawei Premises in India Raided by Income Tax Department in Tax Evasion Investigation
Huawei offices and other premises in India have been raided by the Income Tax department as part of a tax evasion case.
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"Was Told Can't Speak To Lawyer": Newslaundry Co-Founder On Tax "Survey"
A day after Income Tax officers spent over 12 hours at the offices of news websites NewsClick and Newslaundry - calling it a "survey" linked to tax evasion allegations - Newslaundry co-founder Abhinandan Sekhri tweeted an official statement.
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Rs 880 Crore ''Concealment'' Found In Income Tax Survey Of Bengaluru Firm
The IT department gathered evidence of tax evasion regarding wrongful claims of deduction under section 80JJAA of Income-tax Act, 1961.
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Rs 450 Crore "Undisclosed Income" Found In Raid On Congress MLA's Firm
Over Rs 450 crore in undisclosed income has been recovered from raids on business premises owned by the family of Madhya Pradesh Congress MLA Nilay Daga, the Income Tax Department said Monday evening
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Tax Department Gets Notice On Karti Chidambaram Plea In Tax Evasion Case
The Supreme Court Monday sought response from the Income Tax department on the pleas of Congress MP Karti Chidambaram and his wife challenging the transfer of a tax evasion case filed against them before a lower court to a Special Court for MPs and MLAs.
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Tax Department Attaches Lutyens Bungalow Worth Rs 208 Crore In Benami Case
The Income Tax department on Wednesday attached a bungalow worth Rs 208 crore, belonging to a former UP government engineer, in the posh Lutyens zone of the national capital, officials said.
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Congress' Appeal Against Tax Demand Of Rs 199 Crore Dismissed By Tribunal
The Congress will not get any relief for the income tax demand to the tune of Rs 199 crore in party funds, pending from 2018-19.
-
Making Exaggerated Claims To Get Refunds Punishable Offence: Tax Department
The I-T Department has asked income tax return filers to not make bogus claims for expenses, under-report their earnings or exaggerate deductions as this is a punishable offence and causes a delay in issuance of refunds.
-
Akshay Kumar Reacts As His Martial Arts' Trainees Get Jobs In I-T Department: "So Emotional, So Proud"
"I'm immensely happy," Akshay wrote in his post
-
Received 11 Income Department Notices In 72 Hours: Trinamool MP
Trinamool Congress (TMC) MP Saket Gokhale on Friday said he has received 11 notices from the income-tax department in the last 72 hours and alleged that every attempt is being made to put pressure on the opposition ahead of the Lok Sabha polls.
-
Ashneer Grover Thanks IT Department For Tax Assessment Closure, Calls Himself ''A Diligent Taxpayer''
He acknowledged that closing of tax assessment would strengthen his defence in his ongoing legal cases.
-
IT Department Searches Offices, Units Of Tyre Maker Balkrishna Industries
The Income Tax Department has been conducting searches on premises linked to tyre manufacturer Balkrishna Industries Ltd. since Monday, an exchange filing has revealed. The premises include office buildings and manufacturing units.
-
Lenovo Premises In Bengaluru, Mumbai, Gurugram Searched By Tax Officials
Income Tax officials are carrying out searches at the premises of Chinese electronics giant Lenovo over allegations of tax evasion. The searches have been conducted in Bengaluru, Mumbai and Gurugram.
-
BJP Seeks Hemant Soren's Apology Over Jharkhand Probe Agency Officer's Vehicle Comment
The BJP on Sunday sought an apology from Jharkhand Chief Minister Hemant Soren for alleging that an officer of the Income Tax department went to conduct a raid on a vehicle provided by the opposition party in the state.
-
Rs 6,000 Crore Unicorn Raided In 5 States, Agrees To Pay Up Avoided Tax
The Income Tax department has detected undisclosed income of about Rs 224 crore after it recently raided a unicorn start-up group based in Pune and Thane in Maharashtra, the CBDT said on Sunday.
-
Huawei Premises in India Raided by Income Tax Department in Tax Evasion Investigation
Huawei offices and other premises in India have been raided by the Income Tax department as part of a tax evasion case.
-
"Was Told Can't Speak To Lawyer": Newslaundry Co-Founder On Tax "Survey"
A day after Income Tax officers spent over 12 hours at the offices of news websites NewsClick and Newslaundry - calling it a "survey" linked to tax evasion allegations - Newslaundry co-founder Abhinandan Sekhri tweeted an official statement.
-
Rs 880 Crore ''Concealment'' Found In Income Tax Survey Of Bengaluru Firm
The IT department gathered evidence of tax evasion regarding wrongful claims of deduction under section 80JJAA of Income-tax Act, 1961.
-
Rs 450 Crore "Undisclosed Income" Found In Raid On Congress MLA's Firm
Over Rs 450 crore in undisclosed income has been recovered from raids on business premises owned by the family of Madhya Pradesh Congress MLA Nilay Daga, the Income Tax Department said Monday evening
-
Tax Department Gets Notice On Karti Chidambaram Plea In Tax Evasion Case
The Supreme Court Monday sought response from the Income Tax department on the pleas of Congress MP Karti Chidambaram and his wife challenging the transfer of a tax evasion case filed against them before a lower court to a Special Court for MPs and MLAs.
-
Tax Department Attaches Lutyens Bungalow Worth Rs 208 Crore In Benami Case
The Income Tax department on Wednesday attached a bungalow worth Rs 208 crore, belonging to a former UP government engineer, in the posh Lutyens zone of the national capital, officials said.
