It Raids

Tax Officials Detect Rs 118 Crore Black Money After Raids In Tamil Nadu

India News | Press Trust of India | Saturday January 23, 2021

The Income Tax Department has detected alleged undisclosed income of Rs 118 crore after it raided at least 25 premises linked to a Tamil Nadu-based evangelist on tax evasion charges, official sources said today.

Undisclosed Income Of Rs 520 Crore Detected After Raids In Maharashtra's Thane

India News | Press Trust of India | Thursday January 21, 2021

The Income Tax Department detected undisclosed income of over Rs 520 crore after it raided "leading" builders based in Maharashtra's Thane district, the Central Board of Direct Taxes said today.

Tax Officials Detect Rs 450 Crore Black Money After Raids In Kolkata

India News | Press Trust of India | Friday January 15, 2021

The Income Tax Department has detected undisclosed income of over Rs 450 crore after it raided some Kolkata-based entities engaged in various businesses such as running of hotels and wholesale trading of fruits, the CBDT said on Friday.

Tax Officials Detect Evasion Of Rs 100 Crore After Raids On Assam Doctors

India News | Press Trust of India | Wednesday January 13, 2021

The Income Tax Department has detected tax evasion of more than Rs 100 crore after it raided some "renowned" doctors and medical professionals based in Assam, the CBDT said on Tuesday.

Undisclosed Income Worth Rs 365 Crore Detected After Raids In Kolkata

India News | Press Trust of India | Friday January 8, 2021

The Income Tax Department has detected undisclosed income of Rs 365 crore after it raided three real estate and stock broking groups based in Kolkata, the Central Board of Direct Taxes (CBDT) said on Friday.

Tax Department Raids Kolkata Business Groups, Detects Over Rs 170 Crore Black Money

India News | Press Trust of India | Thursday December 31, 2020

The Income Tax Department has detected black money of more than Rs 170 crore after it raided two Kolkata-based groups engaged in steel, marble and food grain trade, the CBDT said on Thursday.

Farmers' Protest Live Updates: Punjab Farm Agent To Shut Shops For 4 Days In Protest Against IT Raids

India News | Edited by Nonika Marwaha | Tuesday December 22, 2020

Commission agents known as Arhtiyas in Punjab will keep their shops shut for four days from Tuesday in protest against income tax raids allegedly conducted to intimidate them for supporting the farmers' stir against the centre's agriculture laws, according to a body representing them.

Punjab Farm Agent To Shut Shops For 4 Days In Protest Against IT Raids

India News | Press Trust of India | Monday December 21, 2020

Commission agents known as Arhtiyas in Punjab will keep their shops shut for four days from Tuesday in protest against income tax raids allegedly conducted to intimidate them for supporting the farmers' stir against the centre's agriculture laws, according to a body representing them.

Taxmen Find Rs 75-Crore "Unaccounted Income'' In Raids On Bihar Traders

India News | Press Trust of India | Saturday October 31, 2020

The Income Tax Department had detected "undisclosed" income of Rs 75 crore after it raided some contractors and traders at multiple places in the poll-bound Bihar, the CBDT said on Friday.

Multi-Crore Fake Billing Racket Busted, Tax Officials Seize Stacks Of Cash

India News | Reported by Arvind Gunasekar | Tuesday October 27, 2020

The Income Tax Department has busted a fake billing racket, involving bank officials, running into several hundred crores based on documents seized during its raids on Monday at 42 locations across Delhi-NCR, Haryana, Punjab, Uttarakhand and Goa, the Finance Ministry officials said today.

Tax Officials Raid 2 Government Contractors, Silk Trader In Poll-Bound Bihar

India News | Press Trust of India | Wednesday October 21, 2020

The Income Tax Department has seized cash and bullion worth Rs 2.4 crore after it raided two government contractors in poll-bound Bihar, the Central Board of Direct Taxation (CBDT) said on Wednesday.

Rs 1.5 Crore Cash, Jewellery Seized After Raids On Gujarat Business Group

Ahmedabad News | Press Trust of India | Friday October 9, 2020

The Income Tax department has seized cash and jewellery worth about Rs 1.5 crore after it raided an Ahmedabad-based group engaged in the business of real estate, construction and land trading, the CBDT said on Friday.

Tax Officials Pose As Covid Warriors In Bhopal, Recover Properties Worth Crores

India News | Written by Anurag Dwary | Friday August 21, 2020

Around 150 officials from Madhya Pradesh's Income Tax department posed as COVID-19 warriors as they raided 20 premises belonging to business groups in Bhopal early Thursday morning.

December 31 Last Day To Verify Income Tax Return. Here Is How To Do It

Business | Edited by Abhishek | Monday December 30, 2019

Income tax return date: Income Tax rules state that a fine of Rs 5,000 is applicable if an individual files ITR after due date but before December 31.

Rs 435-Crore Undisclosed Income Detected In Raids On Tamil Nadu Firm

Tamil Nadu News | Press Trust of India | Sunday November 17, 2019

The income tax department has detected an alleged undisclosed income of Rs 435 crore after it raided a Tamil Nadu-based company, the Central Board of Direct Taxes said on Sunday.