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"income-tax-department"

  • Individuals reporting annual income of above Rs 1 cr doubles in 2 years to 1.69 lakh

    Individuals reporting annual total income of over Rs one crore have doubled to 1.69 lakh in the two-year period ending March 2022
  • Delhi cop, IT dept staffer among 5 held for conducting fake raid at businessman’s house

    Five people, including a Delhi Police head constable and an Income Tax department staffer were arrested for allegedly conducting a fake raid
  • I-T Dept conducts raids on 3 premises of Chinese-firm Haier

    Income Tax Department has conducted raids at various locations in three states on the premises belonging to Haier
  • I-T searches, assets seizure increased over the last three fiscals: Govt data

    Number of groups searched by the Income Tax Department and the resulting seizure of assets has shown an increasing trend
  • Hyderabad: Gang posing as I-T officials decamp with 1.7 kg of gold from jewellery shop

    Fake I-T officials seized the mobile phones of the workers at the workshop and collected 17 gold biscuit each weighing around 100 grams from them
  • IT raids in Vizag, Hyderabad

    Sleuths of Income tax department are conducting raids simultaneously in Visakhapatnam and Hyderabad on Wednesday.
  • Govt extends deadline for linking PAN with Aadhaar till June 30

    The government on Tuesday extended the deadline for linking PAN with Aadhaar by three months to June 30
  • I-T searches offices of Bala Vikasa in Warangal

    The I-T raids were conducted offices of Bala Vikasa at Kazipet office in Hanamkonda district, offices in Warangal district, at Keesara near Hyderabad and other places simultaneously
  • Editorial: Muzzling the media

    Survey at BBC is a poor commentary on the state of media freedom in India a country that takes pride in being the 'Mother of democracy’
  • BBC the most ‘Bhrasht Bakwaas Corporation’ in the world: BJP

    The BJP spokesperson further referred to several instances when BBC allegedly insulted Indian sentiments
  • I-T raids on Telangana minister Malla Reddy, kin continue on second day

    Simultaneous searches were carried out at the premises of the minister, his sons, son-in-law and other family members and top officials of various institutions run by Malla Reddy Group.
  • Malla Reddy’s son Mahender rushed to hospital amid IT raids

    The I-T officials are carrying out searches at educational institutions and houses of the relatives of the Minister in the city. The raids began on Tuesday morning and are continuing.
  • IT officials conduct searches at Minister Malla Reddy’s institutions

    The raids started early in the morning and sources said they are cantered around Labour Minister Malla Reddy and his relatives.
  • Gold, cash worth Rs 390 cr seized in week-long I-T raid in Maha’s Jalna

    New Delhi: The Income Tax Department has seized cash and valuables worth Rs 390 crore following a raid on the premises of Maharashtra’s Jalna businessman, who deals in garments, real estate and in steel. I-T department’s 260 officials divided into five teams carried out a week-long raid. The agency used 120 vehicles to carry out […]
  • 4 NCR hospitals raided by I-T in tax evasion case

    New Delhi: The Income Tax Department was conducting search operations on the premises of four renowned private hospitals in Noida, Faridabad and Gurugram for allegedly evading taxes, sources said. The I-T Department has so far not officially reacted to the raids. The hospitals, which were being raided include ORG hospital, SSB hospital, Accord Hospital and […]
  • Hyderabad: CBI nabs two tax assistants on bribe charges

    Hyderabad: Two senior tax assistants working in the Hyderabad and Visakhapatnam Income Tax Departments were caught by the Central Bureau of Investigation for demanding and accepting bribes. According to CBI officials, a case was registered against a senior tax assistant, working in the office of Additional CIT, Income Tax, Hyderabad and another senior tax assistant, […]
  • A year on since launch, I-T portal marred with another glitch; Infosys directed to fix issue

    New Delhi: The Income Tax Department on Tuesday said software services provider Infosys has been directed to look into the issue relating to malfunction of search option on the e-filing portal. After many users complained of issues while accessing the I-T portal and reported that it was hacked on Tuesday, which also happens to be […]
  • IRS officer Sanjana Simha top ranker from Telangana in Civils

    Hyderabad: V Sanjana Simha, an officer in the Indian Revenue Services (IRS) from Hyderabad, emerged the topper from Telangana in the Civil Services (Main) Examination 2021, results for which were announced on Monday. She secured the 37th rank, which is the best performance in Telangana for this year. Earlier, Sanjana had secured 201st rank in […]
  • I-T raids at Shree Anandhaas group hotels in TN

    New Delhi: The Income Tax Department (ITD) is conducting search operations on the premises of the Shree Anandhaas group of hotels in Tamil Nadu’s Coimbatore, in connection with an alleged tax evasion case, sources said on Saturday. The searches are being conducted at more than 40 placed including Vasavalli, Lakshmi Mill and Gandhipuram. The teams […]
  • Keep a tab on income and spends, I-T department’s AIS will collect these details

    Hyderabad: The new financial year has arrived. While one has time for tax related planning, it will be prudent to develop a habit of keeping a tab on the income and the spending. The Income Tax department last year introduced an Annual Information Statement (AIS) that captures various transactions. Currently, Form 26AS displays TDS/TCS transactions […]
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