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Principal Commissioner For Income Tax

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Madras HC issues notice to AR Rahman in tax evasion case

The Madras high court on Friday issued notice to music composer A R Rahman on a petition filed by the Income Tax department alleging that he used a foundation in which he is the managing trustee as......

CEC Sunil Arora's big test

'The EC is a sacred institution.''In the last few years, more than once, we have found the EC bending over backwards to accommodate the government.'Archis Mohan reports. IMAGE: Sunil Arora is the......

Do not donate over Rs 2k in cash to political parties: I-T dept

The Income Tax Department on Tuesday cautioned people against indulging in illegal cash transactions including donating more than Rs 2000 to political parties. In a bid to clean up election......

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......

CBI arrests 2 top officers for graft

The Central Bureau of Investigation on Tuesday arrested two senior All India Services officers for corruption. B L Agrawal, a principal secretary in the Chhattisgarh government, was arrested for......

Govt accepts Cairn's offer on retro tax

Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC's undertakings which would allow for the......

Charitable entity status cannot be denied to BCCI, rules tax tribunal

The Income Tax Appellate Tribunal has accepted BCCI’s submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective,......

Cairn officially withdraws cases to get Rs 7,900 cr tax refund

UK-based Cairn Energy PLC on Wednesday said it has agreed to drop litigations to seize Indian properties in countries ranging from France to the UK as it has accepted the Indian government's offer......

Faceless Assessment Scheme To CHANGE?

The finance ministry has initiated an internal survey of the faceless regime to examine its effectiveness.Shrimi Choudhary reports. Illustration: Uttam Ghosh/Rediff.com   The department......

Do we need so many income tax staffers?

The preliminary processing of tax returns is already undertaken with the help of technology.There is now greater scope of using more technology to reduce the human interface even further, notes A K......

Devgn doesn't clobber a single soul in Raid

'His portrayal of Income Tax Commissioner Amay Patnaik relies on his firm footing as a man of consequence to pitch itself as a tribute to the IT department's unsung heroes.''It's the most I've......

Timeline: IPL spot-fixing scandal

India pacer Shantakumaran Sreesanth and his Rajasthan Royals team mate Ankeet Chavan and Ajit Chandila were on Sunday cleared of charges by a Delhi court in the spot-fixing and betting scandal in......

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