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Rs 10cr cash, 10kg gold found at UP babu's home

The income tax department on Thursday seized over Rs 10 crore in cash and about 10 kg of gold after it conducted searches at the Noida residence of a senior Uttar Pradesh bureaucrat, an official......

I-T dept seizes Rs 5.5 crore in raids against TN health minister

The Income Tax department on Friday seized cash worth about Rs 5.5 crore after searches on the premises of Tamil Nadu Health Minister C Vijayabaskar and others even as it is sending a report to the......

I-T dept warns: Like fingerprint, black money will lead you to us

The income-tax department on Thursday nudged black money holders to make "honest" disclosures under the tax amnesty scheme -- Pradhan Mantri Garib Kalyan Yojana -- warning that non-declaration......

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......

A day after I-T raids, TN chief secy replaced

Tamil Nadu Chief Secretary P Rama Mohana Rao was on Thursday replaced from the top post a day after income tax raided his house, office and other premises linked to his kin in connection with a......

Undisclosed income of Rs 9,334 cr detected post note ban

The Income Tax department will investigate over 60,000 individuals under the second phase of the 'Operation Clean Money' which was launched today with an aim to detect black money generation post......

Filing tax returns will be less painful for you from April 1

The current 3-page form is simplified version of an income tax return form after removing mandated disclosure of foreign trips and dormant bank accounts introduced two years back. A crisp Income......

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"......

Operation Clean Money gets cracking against cos

I-T heat on thousands of firms for unusual cash deposits. The income tax department is leaving no stone unturned to make the Pradhan Mantri Garib Kalyan Yojana (PMGKY), also known as the Income......

Vodafone's merger with Idea faces tax dispute hurdle

While it was technically not possible to block the deal, the tax department could resort to arm-twisting. Image: A Vodafone store in central London. Photograph: Alessia Pierdomenico/Reuters.......
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SC upholds HC view that tax may be levied on F1 event

New Delhi, 24 AprilIn a big win for the income tax department, the Supreme Court has held that the Formula One World Championship (FOWC) in motor... ...

http://www.business-standard.com/article/current-affairs/sc-upholds-hc-view-that-tax-of-hundreds-of-crores-may-be-levied-on-f1-event-117042401103_1.html
Massive Aadhaar Failure – Jharkhand Govt Website Accidentally Leaks Over 1 Million Aadhaar Data Of Pensioners

In one of the biggest failures related to Aadhaar security, a website maintained by Jharkhand Govt. has accidentally leaked more than 1 million... ...

http://feedproxy.google.com/~r/trakin/~3/A6e5gypDxY0/
Income tax dept to challenge ITAT relief to Cairn Energy in HC

I-T department is also seeking up to 300% of the principal as penalty for non-payment ...

http://www.business-standard.com/article/companies/income-tax-dept-to-challenge-itat-relief-to-cairn-energy-in-hc-117042300117_1.html
Gokulam Chit Fund evaded Rs 1,100-crore tax

The Income Tax Department has found that Chennai-based Sree Gokulam Chit Fund and Finance evaded tax for around Rs 1,100 crore. This was found... ...

http://www.business-standard.com/article/companies/gokulam-chit-fund-evaded-rs-1-100-crore-tax-117042200512_1.html
5 reasons to be wary of Aadhaar

Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.Illustration: Uttam Ghosh/Rediff.com... ...

http://www.rediff.com/news/column/five-reasons-to-be-wary-of-aadhaar/20170422.htm

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