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I-T dept detects Rs 7 cr evasion in Gadkari's companies

The income tax department has detected alleged tax evasion to the tune of Rs 7 crore in the business transactions of Purti group of companies related to former Bharatiya Janata Party president......

SC sets up special team to examine Radia tapes

A six-member special team comprising five from the Central Bureau of Investigation and one from the Income Tax department was on Thursday constituted by the Supreme Court to examine the contents of......

After lavish wedding amid drought, IT raids NCP minister

The income tax department has conducted searches at the premises of Nationalist Congress Party Minister Bhaskar Jadhav in Maharashtra -- after he came under the scanner over the extravagant......

Nitin Gadkari questioned by I-T officials

Former Bharatiya Janata Party president Nitin Gadkari was on Thursday questioned for over four hours by income tax authorities in connection with the probe into alleged dubious investments in Purti......

Never threatened I-T dept, it's a conspiracy: Gadkari

Former Bharatiya Janata Party president Nitin Gadkari on Sunday denied he had threatened income tax officials but insisted that the raids conducted on some companies, allegedly associated with his......

How the salaried are getting tax relief

The Income Tax department has trained its guns on the wealth of high net worth individuals. And the start has been made by seeking more information from more professionals, owners of......

Taxman calls on MS India for understating income

After Nokia and Royal Dutch Shell, the Income Tax department has sent a demand notice to software giant Microsoft's Indian arm, which said it has challenged the same. IT department reportedly......

I-T dept to 'name & shame' habitual tax evaders

The Income Tax department has decided to name and shame “chronic” tax defaulters by publicising their names and addresses. It is in the process of finalising the procedures of compiling......

Inflated phone bill may invite income-tax notice

If your annual phone bill is higher than your income tax submissions or if your passport has multiple visas in the past couple of years, then the Income Tax Department may come knocking at your......

I-T serves Rs 2,000-cr notice to Nokia

The Income Tax department has served a Rs 2,000-crore (Rs 20-billion) demand notice on Finnish mobile firm maker Nokia for alleged evasion of taxes in its business transactions in the country.The......

PIX: Income Tax raid at Ekta Kapoor's office, home

Income Tax officials conducted a raid at Balaji Telefilms' facilities and the residence of its promoters -- producer Ekta Kapoor and her actor-father Jeetendra -- on April 30 for suspected tax......

'Disclose documents on tax exemption given to ICC WC'

The Central Information Commission has directed the Income Tax department to make public documents related to tax exemption given to the ICC World Cup held last year in the country. Information......

I-T gives clean chit to banned IPL players

The Income Tax department has given a clean chit to the five banned domestic cricketers, who were involved in the IPL spot-fixing fiasco, from any financial misconduct or receiving kickbacks in......

I-T dept conducts surveys in offices of IPL franchises

Income Tax authorities conducted surveys at the offices of Indian Premier League team franchises Pune Warriors in Pune and Mumbai and Royal Challengers Bangalore offices in the southern city as......

Special unit to handle BCCI-IPL tax cases

The Income Tax department has created a special audit team to bring together the scattered assessment and investigation proceedings of the BCCI and the IPL spread across the country. Tax......

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People speak for department of income tax

QNA

Q. income tax walo ka toll free number kya hai, maine PAN ke regarding kuch puchna hai
Sunidhi: A. more

http://qna.rediff.com/questions-and-answers/income-tax-walo-ka-toll-free-number-kya-hai-maine-pan-ke-reg/24498121/answers/

Q. how did arvind kejriwal get information about black money invested in swiss banks ?
Iqbal Seth: A. The Income Tax Department Toll Free number you have searched for is listed below. This toll free service from Income Tax Department gives you, the...... more

http://qna.rediff.com/questions-and-answers/how-did-arvind-kejriwal-get-information-about-black-money-in/24444026/answers/24498159

Q. Are past Income tax returns directly linked to one's PAN number. Is there no need to keep the Acknowledgement receipt now with oneself, as in the past to know when tax return was filed with IT department.
Arpita: A. The issue of black money stashed in foreign banks took centre- stage again on Friday with Arvind Kejriwal 'revealing' big names like Mukesh and...... more

http://qna.rediff.com/questions-and-answers/are-past-income-tax-returns-directly-linked-to-ones-pan-numb/24435480/answers/24444071

Q. Tomorrow you may need Rs. 1000 but what would you do with the extra Rs. 500 or more?
Chanakya: A. we need to mention our PAN along with any IT return filling ......... it is mandatory to mention along with form 16 in case of salarised one ........ more

http://qna.rediff.com/questions-and-answers/tomorrow-you-may-need-rs.-1000-but-what-would-you-do-with-th/23712849/answers/24435515

Web results for Department Of Income Tax

Cabinet approves revamp of the income-tax dept

The Cabinet on Thursday approved revamp of the income-tax department, paving way for recruitment of over 20,000 tax officials across the country in... ...

http://economictimes.feedsportal.com/c/33041/f/537910/s/2c5406c0/l/0Leconomictimes0Bindiatimes0N0Cnews0Ceconomy0Cpolicy0Ccabinet0Eapproves0Erevamp0Eof0Ethe0Eincome0Etax0Edepartment0Carticleshow0C20A2359780Bcms/story01.htm

Over 20,000 new posts to be created in I-T dept

The Union Cabinet on Thursday approved the creation of 20,751 new posts in the Income-Tax Department. These include 1,349 new Indian Revenue... ...

http://www.thehindubusinessline.com/economy/over-20000-new-posts-to-be-created-in-it-dept/article4743263.ece

FM on Spot-Fixing

Finance Minister P Chidambaram today said agencies like Income Tax Department and Enforcement Directorate will start probing IPL spot-fixing... ...

http://news.outlookindia.com/item.aspx?798869

Cabinet nod to 20,751 new Income Tax posts

The Cabinet Thursday approved creation of 20,751 additional posts in the Income Tax department, at a cost of Rs.449.71 crore, to help it collect... ...

http://www.business-standard.com/article/news-ians/cabinet-nod-to-20-751-new-income-tax-posts-113052301042_1.html

Cabinet okays extra 20,750 staff for income tax dept

The Income Tax Department will get 20,751 additional hands which will help it increase tax collections by over Rs 25,000 crore a year. The Cabinet... ...

http://www.business-standard.com/article/economy-policy/cabinet-okays-extra-20-750-staff-for-income-tax-dept-113052301002_1.html

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