Income Tax

BJP using I-T department against rivals: DK Shivakumar

Speaking to reporters on Friday, Shivakumar took a dig at the BJP saying that it was an open secret that the party has been using the Income Tax and other departments against its political rivals.

published on : 18th May 2019

AIADMK MP briefly stopped at Chennai airport for carrying Rs 25 lakh in cash 

The parliamentarian, V Elumalai of the AIADMK, is seeking re-election from his Arani Lok Sabha seat.

published on : 17th May 2019

Karnataka: CM’s security staff send I-T raid team away

Kumaraswamy, Shivakumar and Khan were not available for comment.

published on : 15th May 2019

Income Tax department plays spoiler in Jaypee Infratech insolvency case

Even before the completion of the NBCC bid submission process, tax demands from the Income tax office have played a spoiler in the resolution process of debt-ridden Jaypee Infratech Ltd (JIL).

published on : 14th May 2019

Bengaluru: I-T sleuths ‘raid’ CM Kumaraswamy ’s hotel room

Income Tax Department sleuths raided a hotel in which Chief Minister H D Kumaraswamy was staying in Hubballi on Monday evening.

published on : 14th May 2019

Fall in ITRs in 2018-19 due to inclusion of past financial year's return filings: I-T department

CBDT in a statement clarified that the returns filed included those of previous assessment years, excluding which returns filed in 2018-19 showed an almost 19 per cent rise.

published on : 7th May 2019

I-T finds unaccounted cash trail of Rs 595 crore at Martin group

The raids have come to an end in the wake of one of Martin’s staff, who was allegedly picked up by the I-T department for questioning two days back, being found dead in a waterbody near Karamadai.

published on : 5th May 2019

Lottery Martin staff dies after I-T questioning

The Income Tax Department, on Friday, raided 70 places across the country including 22 places in Coimbatore where the searches continued in properties belonging to Martin.

published on : 4th May 2019

After high compliance during DeMo, GST rollout, tax e-filings drop in FY19

Income tax filings, which appeared unstoppable until recently, seem to be having a change of heart.

published on : 3rd May 2019

46 I-T raids in poll season, 39 against Congress-JDS

Coalition leaders say BJP misusing central agencies; no raid took place during 2014 polls.

published on : 3rd May 2019

Income tax filing declines in FY 19; experts fear downward trend might affect country's fiscal math

FY18-19's decline comes amid high growth witnessed post-demonetisation and GST rollout when the tax filings grew at an enviable 43 per cent in FY15-16, and 22 and 28 per cent in FY16-17 and FY17-18.

published on : 2nd May 2019

I-T official in Andhra Pradesh caught taking Rs 2 lakh bribe from trader

A CBI team had recovered the bribe amount from Chandrasekhar Reddy while he was accepting it and questioned him for six hours.

published on : 1st May 2019

Over 20 establishments of lottery-king Martin in Coimbatore raided

 Investigation wing officials of the Income Tax department conducted searches in more than 20 establishments of the Martin Group in Coimbatore on Wednesday.

published on : 1st May 2019

Income tax refunds: Records show Modi got at least five, Rahul six

Refunds for assessment years 2015-16 and 2012-13 got "adjusted against outstanding demand" in case of Modi, while it was the case for Gandhi in assessment year 2011-12.

published on : 28th April 2019

Income tax raids at properties of ex-J&K Minister Imran Raza Ansari

There has, however, been no official word so far from the I-T Department as to what led to to the raids in Srinagar or whether any incriminating evidence was recovered.

published on : 25th April 2019
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