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VVIP chopper scam: ED seeks assets details from MoD, income tax department

In an attempt to crack the suspect name codes and the alleged kickbacks paid in the VVIP choppers deal, the Enforcement Directorate has sought information from the defence ministry, Income Tax......

Chidambaram slams government's 'malicious onslaught' as firm linked to son is searched

Officials of the Income Tax department and the Enforcement Directorate on Tuesday conducted searches at “some places” of business associates connected with Congress leader Karti......

Taxman comes knocking at AAP's door over donations

The Income Tax department on Wednesday said it has issued notices to 50 entities in Delhi, which includes the Aam Aadmi Party and Congress, to check alleged tax evasion by fake companies which......

IT to prosecute 300 account holders in black money list

The Income Tax department is likely to initiate prosecution against close to 300 people whose names have been submitted to the Supreme Court on Wednesday in connection with the probe into alleged......

Over Rs 2500 crore seized from 4 trucks in Mumbai

The Income Tax Department and National Investigation Agency personnel have seized cash worth Rs 2,500 crore, and gold and diamond jewellery from four trucks in Mumbai and detained 47......

Black money declarants cannot pay tax from undeclared income

A four-month window starting from June 1 has been provided to persons holding undeclared income and assets to come clean by paying a tax of 30% and interest and penalty of another 7.5% each,......

I-T refunds worth Rs 1.22 lakh cr issued in FY'16

In 2015-16, more than 94 per cent of income tax returns were filed online and 4.14 crore returns were processed by the Central Processing Centre. The Income Tax department has issued 2.10 crore......

Tax planning: Time to rush

If your employer's deadline has passed, you can still claim deductions while filing Income Tax returns With March 31 approaching fast, most employees should ideally have given all their tax......

Vijay Mallya: The reluctant poster boy of bad debt

Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when......

Is the move to tax interest on EPF a good proposal?

Sandeep Shanbhag, a chartered accountant and director of Wonderland Consultants, a tax and financial advisory firm, discussed the impact of Budget proposals in a chat with’s......

Assets of Rs 30 cr found with Mohanlal, Mammootty

Income tax raids on residences and business establishments of Malayalam actors Mammootty and Mohanlal have revealed undisclosed assets worth about Rs 30 crore, a top I-T official said.  ......
  Web results for Directorate Of Income Tax
Depositors prefer asset diversification as bank deposit rates fall

IANS Kolkata, Oct 23 (IANS) With falling bank deposit rates hitting time deposits hard, people are turning to financial instruments like shares,... ...
EC team to arrive in Punjab today

A nine-member Election Commission led by Chief Election Commissioner Nasim Zaidi will arrive here on Sunday on a three-day visit to undertake group... ...
Sugar baron's distillery licence revoked

The sugar baron, considered close to the current BJP-led government, may even face criminal charges in the matter, confirmed top sources.... ...
ED chargesheet

New Delhi, Sept 6: The Enforcement Directorate (ED) on Tuesday filed a chargesheet against LIC agent Anand Chauhan in the disproportionate assets... ...
This Diwali, it's D-Day for environment campaigners across Delhi & Gurgaon

Air pollution woes in Delhi and other cities refuse to go away. Especially so in the month of October — the month of festivities for almost all... ...

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