IT department

I-T searches at 40 locations in Tamil Nadu and Karnataka connected to MGM Group

The Income Tax department conducted searches at 40 locations connected to MGM Group in Chennai, Tirunelveli and Karnataka for suspected tax evasion.

published on : 16th June 2022

IT department searches Embassy Group for alleged tax evasion 

The company terms it a “routine inquiry”.

published on : 1st June 2022

Tamil Nadu's tech-solutions hub to come up at Chennai's Anna University

The university has already handed over constructed buildings, sprawling over 25,000 square feet on the campus, to the IT department for setting up the hub.

published on : 11th May 2022

Tamil Nadu government's e-Sevai reports over 1.80 crore transactions in 2021

The department attributed the rise in e-Sevai transactions to improved services, availability of more government schemes on e-Sevai, and a shift towards digitisation during the pandemic.

published on : 10th May 2022

The unease of doing business in India amid raid Raj

All the talk about Ease of Doing Business has come to be seen as a farce as the government’s raid raj is rearing its head again.

published on : 2nd May 2022

Working to improve tax literacy in country for widening taxpayer net: CBDT chairman JB Mohapatra

The CBDT chief was asked about the steps being taken by the taxman to widen and deepen the tax base in the country given that the department recorded its highest-ever direct tax collections.

published on : 20th March 2022

I-T department searches Omaxe group premises in NCR, others

The group could not be reached for comments immediately. Omaxe is one of the leading real estate developers of Delhi-NCR. 

published on : 14th March 2022

Income tax refunds of over Rs 1.83 lakh crore issued so far this fiscal: CBDT 

"This includes 1.74 crore refunds of AY (assessment year) 2021-22 amounting to Rs 35,296.86 crore," it said.

published on : 10th March 2022

I-T department detects benami assets, hawala transactions after raids on Sena Corporator, BMC contractors

Sources said the "prominent person" was Shiv Sena corporator Yashwant Jadhav, who is also the chairman of the BMC standing committee.

published on : 3rd March 2022

Income Tax refunds of over Rs 1.83 lakh crore issued so far this fiscal

The refund includes personal income tax refunds of Rs 65,938 crore issued to over 2.07 crore individuals and corporate tax refunds of over Rs 1.17 lakh crore in 2.30 lakh cases.

published on : 2nd March 2022

I-T department raids premises of former NSE MD Chitra Ramkrishna, colleague in Mumbai, Chennai

Ramkrishna has been in the eye of a storm ever since Sebi on February 11 show-caused her and her former advisor for sharing sensitive information on the exchange with an unknown person.

published on : 17th February 2022

Bengaluru income tax officer sends unique New Year calendars and greeting cards

Meet D Kumaresh, a government official, who loves blending arithmetic and creativity to create brain-teasing New Year calendars and greeting cards.

published on : 3rd January 2022

IT department detects Rs 200-crore black income after raids on Kolkata group

The searches were carried out at twenty-four premises in Kolkata, Assam, Meghalaya and Delhi on November 16.

published on : 19th November 2021

Over Rs 1.15 lakh crore I-T refunds issued till November 8; include Rs 12,617 crore for FY 2021

These also include Rs 12,616.79 crore refunds to 65.31 lakh taxpayers for 2020-21 fiscal.

published on : 10th November 2021

IT department detects Rs 200 crore unaccounted income after raids on dry fruits traders

The searches, it said in a statement, were carried out on October 28. The group has been 'inflating' purchases of dry fruits exorbitantly over the years.

published on : 5th November 2021
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