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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......

Taxmen detect Rs 1,430cr undisclosed income in Jaya TV, other raids

After days of multi-city searches, Income Tax sleuths have detected undisclosed income of Rs 1,430 crore in respect of 10 assessee groups which included those linked to jailed All India Anna......

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......

Economy strong, will keep on taking 'important decisions': PM

Modi also reached out to traders, saying their past records will not be checked by the income tax department if they join the formal economy by getting themselves registered under......

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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  Web results for Department Of Income Tax
CBI begins questioning of Rotomac owner Kothari

The CBI today started questioning of Rotomac owner Vikram Kothari at its Headquarters in connection with alleged loan default of Rs 3,695 crore... ...

http://www.deccanherald.com/content/660658/cbi-begins-questioning-rotomac-owner.html
I-T revenue on rise in first month of the year

In a change of fortune, income-tax collection in Rajasthan has improved in the first month of this year. Till November, the state was trailing in... ...

http://www.dnaindia.com/jaipur/report-i-t-revenue-on-rise-in-first-month-of-the-year-2586978
I-T slaps fresh charges against Nirav Modi under new anti-black money law

The Income Tax department had last week slapped sections of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015... ...

http://www.moneycontrol.com/news/business/i-t-slaps-fresh-charges-against-nirav-modi-under-new-anti-black-money-law_10543181.html
Banking frauds | Congress, Opposition to raise questions in Parliament

The multi-crore PNB bank fraud and the Rotomac issue is set to rock the second leg of Parliament's Budget Session with the Congress saying it would... ...

http://www.dnaindia.com/india/report-banking-frauds-congress-opposition-to-raise-questions-in-parliament-2586860
I-T department raids 20 premises linked to Choksi, Gitanjali group

The Income Tax Department raided 20 premises on Tuesday linked to Gitanjali Gems promoter Mehul Choksi and associated firms in connection with a... ...

http://www.dnaindia.com/business/report-pnb-fraud-i-t-department-raids-20-premises-linked-to-choksi-gitanjali-group-2586790

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