Income Tax Department

IT department recovers Rs 11 crore from TMC MLA Jakir Hossain's house, factories

Jakir Hossain is the MLA from Jangipur in Murshidabad and a former junior labour minister in the West Bengal chief minister Mamata Banerjee’s cabinet.

published on : 12th January 2023

I-T sleuths raid Exel Group of Companies

The Exel Group of Companies is into rubber and plastic manufacturing business as well as infrastructure, Information Technology, engineering, healthcare and other sectors.

published on : 5th January 2023

I-T dept serves notice on Labour Min Gummanur Jayaram’s wife over benami land

Addressing the media on Thursday, Jayaram, however, denied it was a benami property.

published on : 2nd December 2022

HC quashes IT notice to Embassy Group chairman

A division bench of Justice PS Dinesh Kumar and Justice MG Uma quashed the notice dated August 11, 2021, issued by the Joint Commissioner of Income Tax

published on : 30th November 2022

Telangana Labour Minister Malla Reddy, kin to appear before I-T sleuths today

The I-T officials reportedly found several discrepancies in transactions carried out by the Malla Reddy group of educational institutions as well as the businesses run by his relatives. 

published on : 28th November 2022

Madras High Court: Tax capitation fee ‘donated’ to educational institutions, trusts

The bench said the illegality of collecting capitation fee cannot be ignored as the assessing officer has clearly established collection of capitation by the trusts.

published on : 1st November 2022

I-T sleuths raid house of  minister’s personal assistant, seize documents in Telangana

Two seed companies also under scanner for ‘suspicious transactions’ in run-up to bypoll

published on : 1st November 2022

I-T dept raids premises belonging to Big C MD in Telangana

The RS Brothers group of companies own Big C, Sumadhura Vasavi and Lot Mobiles in the two Telugu states.

published on : 19th October 2022

Govt extends deadline for filing tax audit report till October 7

Under the income tax act, those taxpayers who need to get their accounts audited by a chartered accountant are required to file the tax audit report with the I-T department by September 30.

published on : 1st October 2022

'Income Tax Department approval not required for warrant conversion by RRPR Holding': Adani Group

NDTV said RRPR Holding and the company has received a letter from Vishvapradhan Commercial Private Ltd (VCPL) informing that the Adani Group firm had approached the IT department on the issue.

published on : 10th September 2022

‘Internet shut, data seized’: Think tanks CPR, Oxfam recall I-T dept 'surveys'

The Ministry of Home Affairs denied Oxfam India its FCRA renewal licence in December 2021 at a time when it was conducting one of the largest civil society responses to the Covid crisis.

published on : 10th September 2022

Congress slams Centre over 'raids' against CPR, Oxfam India, IPSMF

The Income Tax department on Wednesday conducted raids and surveys in various states in separate cases related to alleged tax evasion, FCRA violations, and illicit funding.

published on : 8th September 2022

I-T department conducts survey on Centre for Policy Research, Oxfam India in FCRA case probe

The exact reason for conducting the survey, where only business premises are covered by the taxman, was not known.

published on : 7th September 2022

I-T raids at premises linked to businessmen in Chhattisgarh; Congress takes dig at Centre

Chhattisgarh Chief Minister Bhupesh Baghel told reporters at the Raipur airport that he had already predicted raids by the Income Tax and the Enforcement Directorate.

published on : 7th September 2022

I-T department conducts pan-India raids against unrecognised political parties, linked funding

A coordinated action has been launched by the tax department against the RUPPs, their linked entities, operators and others, the sources said.

published on : 7th September 2022

SSC scam: I-T team conducts raid at Jharkhand hotel to nab 'close aid' of Partha Chatterjee, unsuccessful

The team received input from the Enforcement Directorate in Kolkata, that the person was in Bhandara Park allegedly to hide unaccounted money.

published on : 20th August 2022

I'm a Chinese, not a terrorist: Huawei India CEO Li Xiongwei tells Delhi court

Recently Li had approached the Delhi High Court seeking quashing of a Look Out Circular against him which restrained the Chinese national from leaving the country.

published on : 13th August 2022

I-T seizes 'black' assets of over Rs 9 crore after raids on MP mining, liquor group

The raids were launched on July 14 on the premises of the group located in the state and some in Mumbai.

published on : 10th August 2022

Income tax department seizes unaccounted Rs 55 crore from ex-fund manager

The raids were conducted on 25 premises across Mumbai, Ahmedabad, Vadodara, Bhu and Kolkata.

published on : 6th August 2022

I-T raids on premises of Tamil film financier Anbu Chezhiyan

According to sources, raids are also being conducted at the T Nagar office of film producer Kalaipuli S Thanu in Chennai and film Producer SR Prabhu's Teynampet residence.

published on : 2nd August 2022
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