Income Tax

I-T raid linked to Senthil Balaji ends, officials seek security for sealed buildings 

The I-T raid which began on May 26 stretched on for eight consecutive days.

published on : 3rd June 2023

‘I-T raids on Senthil Balaji politically motivated’: S Muthusamy

He was speaking at an event held to distribute welfare assistance on behalf of various departments at the district collector’s office in Erode.

published on : 28th May 2023

Attack on tax officials in TN reflection of deteriorating law and order in the state: AIADMK

The tax department should take appropriate follow-on action and not stop with just searches, Palaniswami said.

published on : 27th May 2023

IT raids at TN Minister Senthil Balaji's properties, officials' car damaged by DMK cadre

Meanwhile, tense moments prevailed at Karur when miscreants allegedly damaged a car used by Income Tax officials.

published on : 26th May 2023

Middle class stranded in the political muddle

Like arguably, the fact is people are using monies from tax-paid savings. Effectively, the new rules imposed a 20 per cent consumption tax.

published on : 21st May 2023

I-T dept raids Mankind Pharma premises in Delhi over tax evasion allegation

Searches are being on the company premises in Delhi and nearby locations.

published on : 11th May 2023

TDS helps double taxpayer base to 9.2 crore

Tax deducted at source (TDS) has become a very effective tool for the government to increase the taxpayer’s base. 

published on : 26th April 2023

Top actors paid hawala money, finds I-T raids in Telangana

The Mumbai Income Tax officials reportedly detected transactions through the hawala route by the movie production company.

published on : 25th April 2023

I-T heat on TN realty firm G Square part of BJP’s ‘DMK files’   

According to sources, tax authorities had started preparing for the operation last week itself and the I-T investigation wing had sought additional manpower.

published on : 25th April 2023

I-T raids at TN real estate firm G Square across 50 locations

Income-Tax officials are conducting searches at more than 50 locations in Tamil Nadu, in connection with G Square realtors.

published on : 24th April 2023

I-T searches continue at film director’s house

Officials have reportedly collected thousands of documents related to the company, which include details of financial transactions, agreements and other relevant records.

published on : 21st April 2023

Govt denies any changes in capital gains tax

The government on Tuesday denied reports of overhauling in the capital gains tax laws to bridge inequality of income in India.  

published on : 19th April 2023

FinMin exempts CBSE from paying income tax with retrospective effect from FY'21 till FY'25

Such income include examination fees; affiliation fees; sale of textbooks & publications; registration fees, sports fees, training fees and other academic receipts.

published on : 11th April 2023

CBI court convicts 2 Income-Tax ex-officials  

Based on the complaint, the CBI had laid a trap and caught the private person while accepting the bribe on behalf of the accused government officials.

published on : 7th April 2023

Choice of tax regime should be intimated to employer: Central Board of Direct Taxes

The CBDT also clarified that such intimation from employees to their employer is for the purpose of TDS obligation. An employee can choose old or new regime at the time of filing returns.

published on : 7th April 2023

Building owner fined Rs 25k for damaging road

The Coimbatore City Municipal Corporation (CCMC) Commissioner M Prathap has been conducting regular inspections on a daily basis.

published on : 6th April 2023

Despite retirement from international cricket, Dhoni highest taxpayer in Jharkhand

Dhoni's annual income has not been affected despite his retirement on August 15, 2020.

published on : 4th April 2023

14 Opposition parties move SC against ‘misuse’ of Central agencies

The plea in which the parties have urged the court to lay down guidelines for law-enforcing agencies and courts on remand, arrest, and bail

published on : 25th March 2023

Income Tax sleuths raid offices, home of businessman Faris Aboobacker over alleged tax evasion

Faris, who is a Chennai-based real estate businessman, has been summoned to appear for interrogation

published on : 20th March 2023

IT raid on BJP MLC’s residence, 50,000 sarees, 20,000 bags seized ahead of Karnataka polls

 Meanwhile, supporters of Shankar called the raid politically motivated. They also raised slogans against the BJP. 

published on : 16th March 2023
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