Income tax
- Hyderabad
Hyderabad: ACB arrest income tax inspector for demanding Rs 8K bribe
Hyderabad: Sleuths of the Anti-Corruption Bureau arrested an income tax officer for demanding and accepting a bribe of Rs 8,000 here on Monday, March 11. According to the statement, the accused officer,…
- Top Stories
I-T Dept detects mismatches in ITRs, urges taxpayers to e-verify status
New Delhi: The Income Tax (I-T) Department said on Monday that it has identified certain mismatches between the information received from third parties on interest and dividend income, and the Income Tax…
- India
I-T has withdrawn Rs 65 cr from banks ‘undemocratically’: Congress
New Delhi: The Congress on Wednesday alleged that the Income Tax department has “withdrawn” a sum of Rs 65 crore from its accounts in different banks “undemocratically” even when the case pertaining…
- Business
Income tax filers more than double to 7.78 cr in 10 years
New Delhi: The number of tax payers filing income tax returns has more than doubled to 7.78 crore in the past 10 years, as per government data. Releasing key statistics, the Central…
- India
Tax reforms resulted in record tax collection: PM Modi
Puttaparthi: Prime Minister Narendra Modi said on Tuesday that reforms brought in the tax system in the country during the last 10 years have resulted in record tax collections. He said that…
- India
‘Koi Income Tax wala nahi aayega’: PM Modi teases entrepreneur over earnings
Varanasi: Prime Minister Narendra Modi while interacting with beneficiaries of Viksit Bharat Sankalp Yatra in Uttar Pradesh’s Varanasi engaged in pleasantries with a ‘divyang’ entrepreneur at the programme.During the interaction, PM Modi…
- Delhi
SC defers hearing of IT assessment case of Gandhis till Dec 13
New Delhi: The Supreme Court Friday deferred the hearing of the petitions filed by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra as well as the Aam Aadmi Party (AAP)…
- India
Income Tax compliance in India is on the upswing across slabs
New Delhi: Data released by the Income Tax Department on Thursday shows that a healthy trend of increased compliance by taxpayers is continuing to grow which augurs well for the country going…
- India
Over Rs 2cr seized from Jaipur Ganpati Plaza locker
Jaipur: Following allegations by Rajya Sabha MP Kirodi Lal Meena, Income Tax (IT) Department on Sunday again raided the Ganpati Plaza in Jaipur. The IT officials said that they have ceased Rs…
- Andhra Pradesh
Andhra: 300 kg of unaccounted gold seized during tax raid
Tirupati: The Income Tax department has seized about 300 kg of unaccounted gold from four jewellery shops in Proddatur town in Andhra Pradesh’s Kadapa district. The I-T Department officials from Vijayawada and…
- India
I-T department attaches second property in benami assets case against Mukhtar Ansari
Lucknow: The Income Tax department has attached a second land property worth about Rs 10 crore in Lucknow as part of its ongoing alleged benami assets possession probe against gangster-politician Mukhtar Ansari…
- India
I-T raids against SP leader Azam Khan
New Delhi: The income tax department continued its raids against Samajwadi Party leader Azam Khan and those linked to him in Uttar Pradesh on Friday, suspecting a tax evasion of more than…
- India
Income Tax Department clarifies on erroneously sent notices
New Delhi: Days after several income tax payers had received notices for wrongly claiming tax deductions under Section 80 P, the Income Tax Department has clarified that they were sent to them…
- India
Taxpayers receiving notices for claiming deductions create confusion
New Delhi: While the last date for electronically verifying income tax returns lapsed on August 31, several taxpayers have complained of receiving notices for claiming deductions for which they are not even…
- Andhra Pradesh
YSRCP dares Chandrababu to open mouth on IT notice
Amaravati: The YSR Congress Party (YSRCP) has dared Telugu Desam Party (TDP) president N. Chandrababu Naidu to open his mouth on the Income Tax department’s show-cause notice, asking him why an amount…
