income tax department

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 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

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 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

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

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

Agency raids glue to bring opposition parties together

Opposition parties, divided on various issues, are united on what they have termed as the ‘misuse’ of the enforcement agencies.

published on : 11th March 2023

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 filing portal marred with another glitch a year after launch, Infosys directed to fix issue

While the finance ministry officials also assured that there has been no data breach on the portal, Tuesday is the first anniversary of the launch of new Income Tax portal.

published on : 7th June 2022

No stay to Chidambaram family’s plea against Income-Tax department

The IT department had filed a complaint against the trio for alleged non-disclosure of assets in overseas in the Special Court for Economic Offences in Chennai on May 11 last.

published on : 31st May 2018

Ongoing I-T raids might lead to hundreds of benami properties of rich and influential people in Bhopal

The IT raid sleuths at the premises of Bhopal-based premier builders Asnani Group and its business associates the three cities of MP and Karnataka have led to seizure of voluminous documents

published on : 18th May 2018

Income Tax raids lead to 6 bogus companies in four states

Ongoing raids by the I-T department at 30 premises of a Bhopal-headquartered real estate Asnani group and business associates in MP and Bengaluru have led to six bogus companies in four states.

published on : 17th May 2018

ICICI-Videocon case: Income Tax Department issues fresh notice to Deepak Kochhar

The Income Tax Department has issued a fresh notice to Deepak Kochhar, the husband of ICICI Bank MD and CEO Chanda Kochhar.

published on : 26th April 2018

Videocon loan case: Income Tax department issues notice to Deepak Kochhar

Deepak Kochhar has been asked to furnish details of his personal finances, Income Tax Returns for the last few years and business transactions with NuPower Renewables.

published on : 3rd April 2018

Income Tax department seizes 173 paintings, art work in raids at premises linked with Nirav Modi

Officials said the paintings and art works are creations of "eminent artists" and have been recovered by tax sleuths after searches and surveys were conducted at four premises.

published on : 27th February 2018

Income Tax attaches Rotomac group's assets in Kanpur, Ahmedabad in connection with Rs 3,695 crore fraud

This attachment of assets, they said, has been carried out to "recover outstanding tax demands" from the group, understood to be about Rs 85 crore.

published on : 21st February 2018

Punjab National Bank fraud case: I-T slaps fresh charges against Nirav Modi under new anti-black money law 

According to the department, this is the second overseas asset that the taxman suspects has not been disclosed to it by the diamantaire, who is suspected to have left India in January.

published on : 20th February 2018

Government to give 3-6 month for PAN-Aadhaar linkage, if SC rules in favour: Senior official

The current deadline for linking the 10-digit alphanumeric PAN (Permanent Account Number), issued by the Income Tax Department, with Aadhaar is December 31.

published on : 3rd December 2017

'Income tax raids reveal Rs 1,430 crore tax evasion by Sasikala kin, associates'

The official said that tax demand would be raised after analysing the documents and obtaining clarifications.

published on : 13th November 2017
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