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Indian Income Tax Department

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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......

We are not hawala operators, say Mumbai's Angadias

A day after the income tax department and the National Investigation Agency seized 102 bagful of cash and jewellery, it was business as usual at the offices of Angadias at Bhuleshwar, Opera House,......

No amnesty scheme to check black money: Govt

The Income Tax Department has not recommended 'amnesty scheme' to deal with the issue of black money, the government said on Wednesday. In a written reply to the question if the Central Board of......

Kripa assets case: Police may seek help of I-T dept, ED

Mumbai police is likely to take assistance of the Income Tax department and the Enforcement Directorate for probe into the disproportionate assets case involving senior Congress leader Kripashankar......

I-T repatriates Kejriwal's wife, posts her in Delhi

The income tax department has repatriated Sunita Kejriwal, senior Indian Revenue Service officer and wife of Team Anna member Arvind Kejriwal who was recently in the midst of a row with the......

I-T dept loses Rs 18,000 cr case against Shell

On the heels of it losing a similar case against telecom major Vodafone, the Income Tax department lost its Rs 18,000-crore (Rs 180 billion) transfer pricing cases against oil major Shell India at......

Mr Jaitley, why is the income tax department hiding data?

Our income tax department should bring out monthly bulletins as well as annual reports providing insights into the nature of our direct tax segments, says R Vaidyanathan. Palaniappan Chidambaram,......

IT dept to prosecute 300 bank account holders abroad

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

I-T dept restrains Cairn Energy from selling India stake

The Income Tax department, which is probing Cairn Energy plc's transfer of India assets, has asked the UK-based company not to dispose of its 10.3 per cent holding in Cairn India. Cairn Energy was......

Income Tax department eyes foreign gold buyers

Financial details of Indians bringing in gold from abroad after duty payment will be shared by customs authorities with Income Tax department to check suspicious ferrying of the yellow metal into......

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......

IPL stars may lose one-fifth of earnings as tax

The Income Tax department which is probing all financial transactions of the Indian Premier League (IPL) has advised all foreign players to obtain PAN cards, failing which they will have to pay......

Lalit Modi on underworld hit list: Police

Former Indian Premier Leaguecommissioner Lalit Modi, who is under the scanner of the Income Tax department for suspected financial irregularities in the bidding process of the Twenty20......

IT summons: BCCI officials submit IPL documents

Responding to the Income Tax department's summons, the BCCI on Friday furnished before it complete details, including share holding pattern, player auction and bidding process of all eight original......

  People speak for indian income tax department

  • QNA
Iqbal Seth
Q. how did arvind kejriwal get information about black money invested in swiss banks ?
Iqbal Seth:  A.  more

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

raj sharma
Q. if corporate are expending money on cricket team, indian Income tax must not allow such expenses as permissible expenses for computing taxes , do you agree is amendment of law necessary ?
Raj Sharma:  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/if-corporate-are-expending-money-on-cricket-team-indian-inco/22315066/answers/24444071

venkatesaldevarajan
Q. The names of Indians holding Swiss bank accounts may be revealed by WikiLeaks sometime next year, its founder Julian Assange said today. - Do you think it is well timed ?
Venkatesaldevarajan:  A. yes u r rightIncome tax department shd control all these things more

http://qna.rediff.com/questions-and-answers/the-names-of-indians-holding-swiss-bank-accounts-may-be-reve/21299759/answers/22315104

  Web results for Indian Income Tax Department
Highlights

Union Finance Minister P. Chidambaram presents Budget 2013-14 in the Lok Sabha on Thursday. TOPICS Tax credit of Rs. 2,000 for income upto Rs.... ...

http://www.thehindu.com/business/Economy/budget-201314-highlights/article4461680.ece?utm_source=MostPopular&utm_medium=Economy&utm_campaign=WidgetPromo
Pillars to sustainable success, to build the Dream India

The pillars to success may be a sharp rise in the GDP or a steep fall in the fiscal deficit, but for 'sustainable success' a robust and stable... ...

http://www.merinews.com/article/pillars-to-sustainable-success-to-build-the-dream-india/15902908.shtml
Indian Muslim Mushawarat's CC deliberates on milli, national and international issues

All India Muslim Majlis-e Musahwarat's Central Committee deliberates on milli, national and international issues New Delhi, 20 December, 2014:... ...

http://www.milligazette.com/news/11444-indian-muslim-mushawarats-cc-deliberates-on-milli-national-and-international-issues
FIPB CLEARS HDFC BANK AND RATNAKAR BANK FDI PROPOSALS

New Delhi: HDFC Bank and Ratnakar Bank (now known as RBL Bank) on Friday got clearance from the Foreign Investment Promotion Board (FIPB) for their... ...

http://www.ipanewspack.com/newsplus/financial-sector/fipb-clears-hdfc-bank-and-ratnakar-bank-fdi-proposals/
DIFF 2014 opens here, Ghai gets lifetime achievement award

Press Trust of India | New Delhi December 20, 2014 Last Updated at 15:55 IST With director Subhash Ghai being given the prestigious lifetime... ...

http://www.business-standard.com/article/pti-stories/diff-2014-opens-here-ghai-gets-lifetime-achievement-award-114122000298_1.html

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