Commissioner Of Income Tax

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1 killed in Delhi income tax office blaze; officials say no data loss in fire

A 46-year-old income tax officer died while six people were rescued after a massive fire broke out at the Income Tax CR Building at ITO in central Delhi Tuesday afternoon, the police said. IMAGE:......

Men posing as RBI officials stop cash van, flee with Rs 7 cr

In perhaps the first such incident in Bengaluru, unidentified men allegedly posing as Reserve Bank of India officials intercepted a ATM cash van and fled with about Rs 7 crore on Wednesday, police......

What Democrats Can Learn From Zohran Mamdani

His victory means that his party will have to learn from him, because after the rise of Donald Trump, the Democrats have been in disarray. They have had no real answer to the Trump phenomenon and......

Fire at Income Tax office in south Mumbai

A fire broke out on the sixth floor of the IncomeTaxBuilding in Marine Lines area in south Mumbai tonight but there were no report of casualties. Ten fire engines have been rushed to the spot, fire......

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

The Enforcement Directorate and Income Tax department are likely to join the Assam police in investigating alleged organised financial crimes and acquisition of benami properties by event manager......

Budget wishlist: Industry seeks easier tax rules, dispute fixes

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.......

Tax forms for charitable institutions set for overhaul

As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions.......

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and......

HUL gets Rs 963 cr Income Tax demand notice

Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax Department and will go in for an appeal against the order. Photograph: Philippe......

1 in 3 Decade-Old Tax Cases Still Unheard

'Tax cases are technical in nature... Many high courts do not have a tax bench, which also contributes to the delay.' Illustrations: Dominic Xavier/Rediff A food product company in Andhra......

HC grants relief to Big-B in 2002-03 tax case

Observing that review under the garb of reassessment was not permissible in law, the Bombay High Court has granted relief to mega star Amitabh Bachchan by dismissing an appeal filed by the Income......

Lalit Modi, Vijay Mallya's Karaoke Duet Goes Viral

IMAGE: Lalit Modi karaokes with Vijay Mallya during a party at his residence in London. Photograph and Video: Kind courtesy Lalit Modi/Instagram Former IPL commissioner Lalit Modi hosted a lavish......

Here's how much Dhoni paid in taxes this year

IMAGE: India's Mahendra Singh Dhoni during a media conference. Photograph: Swapan Mahapatra/PTI Former India captain Mahendra Singh Dhoni has become the highest individual income tax......