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Directorate Of Income Tax

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Undisclosed incomes of Rs 3,651 cr detected after note ban

The Income Tax department on Friday said it has detected over Rs 3,651 crore of undisclosed income while more than Rs 98 crore in new notes has been seized as part of its country-wide operations......

At TN officer, son's premises, I-T officials find Rs 30 crore, 5 kg gold

Continuing its crackdown on black money post demonetisation, the Income Tax department on Wednesday searched 11 locations linked to Tamil Nadu Chief Secretary P Rama Mohana Rao, including his......

20 fake accounts, Rs 60 crore found in I-T raid on Axis branch in Noida

On a trail of a jeweller who allegedly sold bullion worth Rs 600 crore, the Income Tax Department on Thursday unearthed Rs 60 crore from the accounts of 20 shell companies in a raid at an Axis......

Money, old and new, comes tumbling out as raids continue

Raids are being carried out across the country by the Income Tax department in the wake of the burgeoning fake currency racket post demonetisation, as currencies both new and old have been seized......

I-T dept seizes over Rs 4 cr in new notes in Bengaluru

In the biggest seizure of cash in new currency post demonetisation, the income tax department on Thursday confiscated over Rs 4 crore during searches in a dozen premises in Bengaluru and other......

Countdown has begun: Evaders may have to pay 137% tax post March 31

The department said that total confidentiality is ensured to those who declare their black assets and funds The Income Tax department on Friday warned black money holders that it has "information"......

Mining baron, 2 others held under PMLA for concealing Rs 142 cr income

The Enforcement Directorate has arrested sand mining baron J Sekhar Reddy and his two alleged associates in connection with a money laundering case registered post demonetisation. Officials......

It's difficult to escape the taxman now!

With big data analyses, your investments, spends and big purchases are being tracked more closely now by the income tax department, warns Tinesh Bhasin.Illustration: Uttam Ghosh/Rediff.com With......

New rules may allow confiscation of absconder's assets

The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final......

Demonetisation: Rs 3-4 lakh crore tax-evaded income deposited in banks

It has come to light that Rs 25,000 cr cash was deposited in dormant bank accounts while nearly Rs 80,000 cr of repayment of loans was done in cash since November 8 As it analyses bank deposits......

'The Income tax raids will not affect Baahubali 2'

Baahubali scriptwriter K V Vijayendra Prasad says the income tax raid on the film’s producers Shobhu Yarlagadda and Prasad Devineni will not hamper the shooting......
  Web results for Directorate Of Income Tax
I-T offers to waive Vodafone, Cairn India’s interest liability

The income tax (I-T) department has once again offered an olive branch to corporates like Vodafone Plc and Cairn India, locked in disputes over... ...

http://www.mydigitalfc.com/news/i-t-offers-waive-vodafone-cairn-india%E2%80%99s-interest-liability-155
54 CAs under I-T scanner

Almost 54 chartered accountants and company secretaries have come under the radar of the Income Tax department and the Enforcement Directorate over... ...

http://www.msn.com/en-in/news/other/black-money-54-chartered-accountantscompany-secretaries-under-i-t-scanner-in-new-delhi/ar-BByFITb?srcref=rss
Evaders may have to pay 137% tax post March 31

The department said that total confidentiality is ensured to those who declare their black assets and funds The Income Tax department on Friday... ...

http://www.rediff.com/money/report/countdown-has-begun-evaders-may-have-to-pay-137-tax-post-march-31/20170324.htm
CBDT forms committee to check absconding I-T dept officers

The CBDT has constituted a committee to identify those IRS and other junior-rank officers of the Income Tax department who are on unauthorised... ...

http://www.business-standard.com/article/pti-stories/cbdt-forms-committee-to-check-absconding-i-t-dept-officers-117032400219_1.html
How a border tax could divide Boeing and its suppliers

By Alwyn Scott SEATTLE (Reuters) - A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers... ...

http://www.sify.com/finance/how-a-border-tax-could-divide-boeing-and-its-suppliers-news-economy-rdylf4biidffb.html

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