Indian Income Tax Department

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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 sends notices to two NGOs run by Kiran Bedi

The income tax department has sent notices to the two NGOs run by Team Anna member Kiran Bedi to find out whether they are engaged in commercial activities. "We are not targetting any particular......

Kejriwal seeks more time on income tax notice

Team Anna member Arvind Kejriwal did not comply with the income tax department notice asking him to pay over Rs 9 lakh in dues, saying he needed more time to decide on the issue as he was given......

Cabinet gives nod to hire 20,750 staff for I-T Dept

The Income Tax Department will get 20,751 additional hands, which would help it increase tax collections by over Rs 25,000 crore (Rs 250 billion) a year. The Cabinet on Thursday approved a proposal......

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 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......

LG India gets tax demand on high advertising spend

The Income Tax department has got a shot in the arm, with a special bench constituted by the Income Tax Appellate Tribunal ruling that consumer electronics major LG Electronics India is liable to......

'I-T diktat to illegal HSBC a/c holders not enough'

Tax lawyers said on Friday the income tax department’s directive, asking 700 Indians allegedly holding illegal accounts in HSBC Bank’s Geneva branch to surrender their rights under......

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

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/

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

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

CAG Seeks Details on 3G Intra-Circle Roaming Pacts

The national auditor has turned its attention towards the 3G and BWA spectrum auctions conducted three years ago. Having accused the government of... ...

http://www.convergenceplus.com/policy.html

Finland to take up Nokia tax issue with Anand Sharma

Finnish telecom company Nokia's taxation problem in India is likely to be taken up by Finland's economic ministers in their meeting with Commerce... ...

http://www.thehindubusinessline.com/industry-and-economy/info-tech/finland-to-take-up-nokia-tax-issue-with-anand-sharma/article4827341.ece

Much ground covered, much remains to be covered

At best India today has islands of electronic governance. So no one can convincingly dispute the need for an integrated nationwide approach of... ...

http://www.observerindia.com/cms/sites/orfonline/modules/analysis/AnalysisDetail.html?cmaid=53407&mmacmaid=53408

Income Tax officials raid SRM group

Cabinet nod to 20,751 new Income Tax posts Odisha orders judicial probe into chit fund scam Indians in UAE accused of being bogus cops... ...

http://news.taaza.com/news/1150404-income-tax-officials-raid-srm-group.html

Babulal Marandi to meet President Pranab Mukherjee to demand dissolution of Jhar ...

News — NDTV Popular from News Attack on school in northeast Nigeria, 11 dead Tribal girl raped in moving bus in Odisha Drizzle in Delhi, more... ...

http://www.inooz.in/article/view/1457994/babulal-marandi-to-meet-president-pranab-mukherjee-to-demand-dissolution-of-jharkhand-assembly/062013

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