Income Tax Department
- India
No coercive action till Nov 17 against Anil Ambani: Bombay HC to IT dept
Mumbai: In a breather for Reliance Group Chairman Anil Ambani, the Bombay High Court on Monday directed the Income Tax department not to take any coercive action against him till November 17…
- Hyderabad
Hyderabad Income Tax principal commissioner transferred to Mumbai
Hyderabad: The principal commissioner of income taxes, Vasundhara Sinha transferred from Hyderabad to Mumbai. An Indian Revenue Services (IRS) agent from the 1989 cohort, Sinha has been in charge of the Hyderabad…
- Hyderabad
Tax evasion: IT officials conduct searches at Vasavi real estate offices
Hyderabad: Income Tax officials on Wednesday conducted searches at Vasavi Real Estate Group of companies . Searches were conducted at 20 places simultaneously in AP and Telangana states. The searches have been…
- Mumbai
I-T dept seizes Rs 56 cr cash, 14 cr worth jewellery during raids in Maharashtra
New Delhi: The Income-tax department has seized a whopping Rs 56 crore in cash apart from jewellery valued at Rs 14 crore after it raided two major Maharashtra business groups engaged in…
- India
Raids on Tamil Film producer detected undisclosed income exceeding Rs 200 cr: I-T
New Delhi: The Income Tax Department on Saturday claimed to have detected undisclosed income exceeding Rs 200 crore besides Rs 26 crore in cash during a recent raid on Tamil film producer…
- Bollywood
Akshay Kumar becomes highest taxpayer in India? Details inside
Mumbai: Actor Akshay Kumar, who is one of the top-paid stars in Bollywood, has been reportedly felicitated by the Income Tax department as the ‘highest taxpayer’ in the country again. An honorary…
- India
I-T raids at manufacturers of Dolo-650, pill that got popular during Covid
Bengaluru: The Income Tax department Wednesday conducted searches at the premises of Bengaluru-based pharmaceutical company Micro Labs Ltd, the manufacturers of the Dolo-650 tablet that was widely used by COVID-19 patients during…
- Bangalore
I-T raids at multiple locations linked to educational institutes in Bangaluru
Bangaluru: The Income Tax department was conducting raids at the offices and buildings of some reputed private educational institutes in Bengaluru on Thursday. According to sources, the I-T sleuths were conducting raids…
- Automobile
Hero Motocorp shares slump sharply, IT raids likely weighed
New Delhi: Shares of two-wheeler maker Hero Motocorp declined sharply on Friday after Income Tax department detected some irregularities post a raid on the company. The shares fell over 6 percent to…
- Bangalore
IT notice to Deve Gowda’s wife, JD(S) calls it vendetta
Hassan: The JD(S) has strongly condemned the Income Tax Department notice to former Prime Minister Deve Gowda’s wife Chennamma. Deve Gowda’s son H.D. Revanna on Monday said that this is nothing but…