Tax Officials

Over Rs 3,000 Crore "Undisclosed Income" Found In Raids On Delhi Firm

Delhi News | Press Trust of India | Monday December 2, 2019

An undisclosed income of over Rs 3,000 crore has been "admitted" by a Delhi-NCR-based real estate group after raids by tax officials, the Central Board of Direct Taxes said in a statement on Monday.

21 Tax Officials, Accused Of Corruption, Made To Retire

India News | Press Trust of India | Wednesday November 27, 2019

The centre has compulsorily retired another 21 "corrupt" tax officers in the fifth tranche of its crackdown on those accused of corruption and other malpractices, finance ministry sources said.

Tax Officials Raid Madhya Pradesh Onion Traders, Expose Major Racket

India News | Written by Anurag Dwary | Wednesday November 13, 2019

A survey of shops and godowns owned by six major onion traders in Madhya Pradesh's Shajapur district by income tax officials has led to the disclosure of undisclosed income amounting to Rs 5 crore as well as indications that they may have manipulated their stocks to inflate retail prices.

Aide Of Raided Karnataka Congress Leader Allegedly Commits Suicide

Karnataka News | Reported by Nehal Kidwai, Edited by Shylaja Varma | Saturday October 12, 2019

The personal assistant of former Karnataka Deputy Chief Minister G Parameshwara has allegedly committed suicide in Bengaluru. The aide was not among those who were searched by Income Tax officials as they conducted huge raids at multiple places linked to the senior Congress leader on Thursday and Friday, sources in the tax department said.

4.25 Crores Cash Found In Raids On Karnataka Congress Leader: Officials

India News | Reported by Maya Sharma, Arvind Gunasekar; Edited by Shylaja Varma | Friday October 11, 2019

Over Rs. 4 crore in cash was found by Income Tax officials during raids at multiple places linked to former Karnataka Deputy Chief Minister G Parameshwara and his associates since yesterday, officials said this morning.

Employee Who Levelled Charges Against Top Tax Official Gets Promoted

India News | Indo-Asian News Service | Wednesday October 9, 2019

Days after her tiff with the CBDT chief made headlines, it has now emerged that the Indian Revenue Service (IRS) officer Alka Tyagi has been promoted to a higher rank and posted at the tax department's training academy in Nagpur.

India Gets First Chunk Of Data On Swiss Bank Account Holders

India News | Press Trust of India | Monday October 7, 2019

India has got first chunk of Swiss bank account details of its nationals under a new automatic information exchange pact, a major milestone in the government's fight against black money stashed abroad.

Another 15 Tax Officials Retired As Centre's Campaign Against "Black Sheep" Continues

India News | Reported by Sunil Prabhu, Edited by Jimmy Jacob | Friday September 27, 2019

The centre has compulsorily retired 15 senior Income Tax officials over charges of corruption and malpractices as part of an ongoing campaign to cleanse the department of tainted employees. A document released by the government said this was in line with Prime Minister Narendra Modi's promise of cracking down on certain "black sheep in the tax admi...

Government Retires 15 More Senior Tax Officials On Graft Charges: Report

Business | Press Trust of India | Friday September 27, 2019

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.

Three Arrested For Cheating Actress Isha Sharvani Of Rs 3 Lakh

India News | Indo-Asian News Service | Thursday September 19, 2019

Three men who allegedly duped Bollywood actress Isha Sharvani by pretending to be Australian Tax Officers have been arrested.

Tax Officials To Get Swiss Bank Details Of Indians From Today

India News | Press Trust of India | Sunday September 1, 2019

Banking details of Indians with accounts in Switzerland will be available to tax authorities from Sunday as the automatic exchange of information regime kicks off between the two countries.

Congress's DK Shivakumar Appears Before Probe Agency, Faces Arrest

India News | Reported by Maya Sharma, Nehal Kidwai; Edited by Shylaja Varma | Saturday August 31, 2019

Karnataka Congress's chief troubleshooter DK Shivakumar, appeared before the Enforcement Directorate in Delhi on Friday for being questioned in connection with a money-laundering case. The former minister faces arrest after his request for protection from arrest was rejected by the Karnataka High Court on Thursday.

Nirmala Sitharaman Outlines Plan To Rein In "Tax Terrorism"

India News | Indo-Asian News Service | Friday August 23, 2019

Amidst concerns of rising harassment of corporates by tax officials and authorities, Finance Minister on Friday said that the government would take measures to curb such instances, including the introduction of "faceless" tax scrutiny from the upcoming "Vijaya Dashami".

Declare Senior Tax Officer SK Srivastava An Absconder: CBI Tells Court

India News | Reported by Arvind Gunasekar, Edited by Chandrashekar Srinivasan | Saturday August 10, 2019

The CBI has asked a special court to declare SK Srivastava, one of 12 tax officials forced to take compulsory retirement in June, an absconder, after he refused to join the investigation despite repeated summons

Tax Officials Deny Harassing Coffee Day Boss, Say His Letter Fake

India News | Press Trust of India | Wednesday July 31, 2019

The Income Tax Department on Tuesday denied charges of harassment during its probe against Cafe Coffee Day promoter V G Siddhartha as it pointed out that his available signature was different from that on a letter being circulated on social media.