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The Income Tax officer who won a Shaurya Chakra

Captain Pradeep Shoury Arya is an Income Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.The hero tells Rediff.com's Archana Masih about his life as a soldier at the......

I-T issues notice to Singhvi's wife for purchases from Nirav Modi

The Income Tax Department on Tuesday issued a notice to Anita Singhvi, the wife of senior Congress leader Abhishek Manu Singhvi, asking her to explain about certain jewellery purchases, amounting......

Do not donate over Rs 2k in cash to political parties: I-T dept

The Income Tax Department on Tuesday cautioned people against indulging in illegal cash transactions including donating more than Rs 2000 to political parties. In a bid to clean up election......

Found: Doctor-medical centre nexus and Rs 100cr black money

Income Tax officials have unearthed a major multi-layered nexus between medical centres and doctors and an undisclosed income of Rs 100 crore after searches at a few IVF clinics and diagnostic......

AAP took hawala entries of Rs 2cr, didn't declare all donors: I-T dept

The Income Tax Department has charged the Aam Aadmi Party with taking 'hawala entries' worth Rs 2 crore from a Delhi-based operative and revoked the tax exemption given to it as a......

PAN-Aadhaar linking deadline extended to June 30: CBDT

The government has now made quoting of Aadhaar mandatory for filing income tax returns as well as obtaining a new PAN. Illustration: Uttam Ghosh/Rediff.com The CBDT on Tuesday extended the......

Invested in Bitcoin etc? Get ready for the taxman

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion. Illustration: Dominic Xavier/Rediff.com The income tax department has sent notices to thousands of......

Jaitley likely to announce a tax-friendly Budget

The Income Tax Act might be amended to give effect to “jurisdiction-free assessment” Illustration: Uttam Ghosh/Rediff.com The Budget might overhaul the income tax administration and......

If you are an honest taxpayer, I-T will reward you

The reward could vary between 1% and 5% of the total tax paid. The income tax (I-T) department has proposed monetary rewards for honest taxpayers depending on the tax paid. According to the......

Benami Act: All property registrations over Rs 30 lakh under scanner

The Income Tax Department is matching the ‘tax profiles’ of all property registrations of above Rs 30 lakh under the provisions of the anti-Benami Act, as action against illicit asset......

Devgn doesn't clobber a single soul in Raid

'His portrayal of Income Tax Commissioner Amay Patnaik relies on his firm footing as a man of consequence to pitch itself as a tribute to the IT department's unsung heroes.''It's the most I've......

This is how much tax BCCI pays

Outstanding tax demand of BCCI may go up to over Rs 860 cr: RTI reply The outstanding tax demand by the income tax department on the Board of Control for Cricket in India may go up to over Rs 860......
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I-T Department raids contractors in poll-bound Karnataka

The Income Tax Department today conducted searches on a number of contractors in poll-bound Karnataka in connection with a tax evasion probe,... ...

http://www.dnaindia.com/india/report-i-t-department-raids-contractors-in-poll-bound-karnataka-2608105
DON'T CHEAT while filing IT returns

Hoodwinking the taxman is difficult.If your case is picked up for random scrutiny, any of the tricks that you or your financial advisor may have... ...

http://www.rediff.com/money/report/dont-cheat-while-filing-it-returns/20180424.htm
Why salaried taxpayers are losing sleep

With income tax department tightening its grip over salaried taxpayers this year, the focus of the annual narrative has shifted to this one... ...

http://www.msn.com/en-in/news/other/income-tax-returns-why-salaried-taxpayers-are-losing-their-sleep/ar-AAw7ZYc?srcref=rss
Gold worth over Rs 2 crore stolen from I-T office in Kota

Gold worth over Rs 2 crore was stolen from a safe in the office of the assistant director (investigation) of the Income Tax department in... ...

http://www.business-standard.com/article/pti-stories/gold-worth-over-rs-2-crore-stolen-from-i-t-office-in-kota-118042200492_1.html
All you need to know about new tax return form

The Income Tax filing season for salaried class taxpayers has just begun with the Central Board of Direct Taxes (CBDT), that frames policy for the... ...

http://www.msn.com/en-in/news/other/new-income-tax-return-for-salaried-class-available-on-it-portal-here%E2%80%99s-all-you-need-to-know/ar-AAw8qFs?srcref=rss

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