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I-T attaches Rs 400 cr plot belonging to Mayawati's brother

The income-tax department has attached a 'benami' commercial plot worth Rs 400 crore in Noida belonging to Bahujan Samaj Party supremo Mayawati's brother and his wife, an official order said. ......

Kachori seller earning Rs 60 lakh a yr gets tax notice

A small roadside outlet selling kachoris in Uttar Pradesh's Aligarh has come under the scrutiny of the commercial tax department after it found that the owner of the shop, which had an annual......

PM received I-T refunds 5 times, Rahul 6 in last 18 yrs

Prime Minister Narendra Modi has got income tax refunds at least five times in the last 18 years, while Congress chief Rahul Gandhi has received six refunds during the same period. IMAGE: A worker......

Rs 1.48 cr cash seized from Dinakaran's partyman in TN

The income tax department on Wednesday said it has seized Rs 1.48 crore cash allegedly stashed to bribe voters in Tamil Nadu's Theni district, where an assembly bypoll is scheduled on Thursday.......

BJP can't prevent my success: Kanimozhi after I-T raid

Unfazed by the income tax department raids at her residence, Dravida Munnetra Kazhagam leader Kanimozhi on Wednesday said that the Bharatiya Janata Party cannot prevent her from winning in the Lok......

All communications from I-T to assessees to carry DIN from Oct 1

The CBDT has now laid down parameters specifying the manner in which any communication issued by any income-tax authority relating to assessment, appeals, orders, statutory or otherwise,......

How I-T dept plans to increase tax mop up

The government has set a target of adding 1.3 crore income tax filers in the current financial year against 1.1 crore new filers added last year. Illustration: Uttam Ghosh/ The Income......

Budget 2019: Income tax collection target 'too steep', say experts

CBDT has been given a collection target of Rs 5.69 trillion in personal income tax in the fiscal year 2019-20 - 19.2 per cent more than the Rs 4.77-crore collection in the previous year.......

No change in ITR forms, clarifies CBDT

No change has been made in income-tax return (ITR) forms, only the utility software has been updated, the Central Board of Direct Taxes said on Tuesday, quashing reports circulating on social......

Last-minute changes in ITR 2 and 3 hits taxpayers

Prasanna D Zore/ reports on the chaos facing taxpayers with the income tax department making changes to ITR 2 and 3 forms just before tax-filing deadline. IMAGE: Tax-payers fill up forms......
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I-T dept to change the way it communicates, be friendlier

The income-tax department is set to adopt a ‘non-threatening’ language that asks whether an expense has been accounted for or not rather than... ...
India Cancer Society gets income-tax tribunal relief in rent dispute case in Mu...

The tribunal said in case of a charitable trust, the I-T department cannot consider deemed income against the actual income received. mumbai... ...
Income Tax Department issues checklist to trace unaccounted demonetisation cash

A checklist has been issued to tax commissioners to track those who deposited unaccounted cash. IANS | Updated: Aug 17, 2019, 03.56 PM IST BCCL The... ...
Income Tax Return Filing Deadline 2 Weeks Away, Here's A Quick Guide

The I-T department provides various forms for income tax assessees to file their ITR or income tax return. Tax | Edited by Anshul | Updated: August... ...
SBI’S new ATM inaugurated in Income Tax Office

Bhopal, SBI has established a new ATM in Aaykar Bhawan (Income Tax Office) for the benefit of customers and staff members of Income Tax Department.... ...

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