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"income-tax-department"

  • Income Tax Department uncovers tax underpayments, sets March 15 deadline

    The Income Tax Department Gathers Financial Transaction Data from Various Sources.
  • Income Tax seal victory to emerge basketball champions

    Defeated Dream Basketball Academy in the final of the Fourth edition of Telugu Oriented States Basketball Tournament.
  • I-T searches pharma companies in Hyderabad

    I-T Department was conducting searches on the premises of some pharma companies in Hyderabad
  • ITR filing by individuals grows 90 pc to 6.37 cr in AY 2021-22

    The returns filed by individual taxpayers have increased from 3.36 crore in Assessment Year (AY) 2013-14 to 6.37 crore in AY 2021-22, registering an overall increase of 90 per cent.
  • Karnataka: I-T dept seizes Rs 94 cr cash, jewellery after raids on govt contractors, realty developers

    The searches were launched on October 12 and a total of 55 premises were covered by the department in Bengaluru
  • Maharashtra: I-T dept attaches assets worth Rs 150 cr after raids in ‘benami’ case against SP leader

    The Lucknow-based benami assets investigation unit of the department had launched searches in Varanasi and some parts of Maharashtra early this week as part of this investigation
  • I-T raids underway at various locations in Hyderabad

    The Income Tax department was conducting raids at several places in Hyderabad on Thursday
  • Income Tax raids underway at 15 locations in Bengaluru

    Income Tax Department was conducting simultaneous raids at more than 15 locations in Bengaluru
  • Rajkummar Rao spearheads ‘swachhta’ drive at Mangrove forest; calls it ‘gratifying’

    Talking about the same, Rajkummar had said: “We all love Ganpati, and hence we have come here. We are citizens of India.” 
  • Cooperating with authorities, says Lenovo on Income Tax searches

    Lenovo on Thursday said it is cooperating with authorities and promised all support in the matter of searches carried out by Income Tax Department
  • I-T notifies ‘Angel Tax’ rules for valuing investments in startups

    Income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups
  • Tax department extends ITR filing deadline for charitable trusts by a month till Nov 30

    Income Tax Department has extended the income tax return filing deadline for charitable trusts, religious institutions and professional bodies
  • UP: Income Tax raids on SP leader Azam Khan’s residence in Rampur continue for 3rd day

    Income Tax department raid on the Rampur residence in Uttar Pradesh of senior Samajwadi Party leader Azam Khan continued for the third day
  • Tax officials resolve to combat fraudulent deductions for TDS refunds

    The participants engaged in policy-oriented discussions on available best practices, sharing knowledge and expertise to explore innovative solutions in tax deduction, according to a statement.
  • ‘This has been the practice’: IT Dept responds to Ashneer Grover

    The remarks from the IT department came after Grover questioned the tax authority's other notice.
  • Taxmen can seek details of ITRs filed by investors in startups

    Income tax officials can seek details about ITRs filed by startup investors to ascertain if the amount invested is commensurate with the income shown in their personal ITRs
  • Big B ‘scared’ of Income Tax Dept: ‘Hawa paani sab band ho jata hai’

    On the 19th episode of the show, Akanksha Singh from Bhopal, Madhya Pradesh, secured the hot seat by triumphing in the fastest finger first round.
  • CBDT launches revamped website of Income tax department

    The newly revamped website was launched by the Central Board of Direct Taxes Chairman Nitin Gupta at the 'Chintan Shivir', organised by the Directorate of Income Tax at Udaipur
  • CBDT notifies rules for valuing rent-free accommodation perquisite provided by employers

    CBDT on August 18 notified amendments to the Income Tax Rules for valuing perquisites of rent-free or concessional accommodation by employers to employees
  • Direct tax collections rise 16 pc to Rs 6.53 lakh crore so far this fiscal

    Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current fiscal, the Income Tax department said
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