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Assembly elections: Over Rs 60 crore illegal cash seized in poll-bound states

Apr 18, 2016

Assembly elections: Over Rs 60 crore illegal cash seized in poll-bound states

Illegal cash of over Rs 60 crore has been confiscated from the five states facing Assembly polls, with Tamil Nadu leading the list with seizures of Rs 24.55 crore #NewsTracker #Election Commission #Income Tax Department #2016 Tamil Nadu Assembly Election #illegal cash #2016 West Bengal Assembly Election #2016 Assam Assembly Election #2016 Kerala Assembly Election
Better fix it soon: Mumbai HC asks for progress report from police in IPL spot-fixing, betting case

Mar 31, 2016

Better fix it soon: Mumbai HC asks for progress report from police in IPL spot-fixing, betting case

The Bombay High Court today asked the Mumbai police crime branch to submit a progress report in a case being probed by them into the alleged match-fixing and betting in 2013 Indian Premier League (IPL) cricket matches. #Cricket #Indian Premier League #IPL #PIL #Income Tax Department #Bombay High Court #Twenty 20 #Ketan Tirodkar
I-T Dept slaps Rs 29,000 crore tax demand notice on Cairn Energy

Mar 15, 2016

I-T Dept slaps Rs 29,000 crore tax demand notice on Cairn Energy

The Income Tax Department has slapped on UK's Cairn Energy plc a tax demand notice of over Rs 29,000 crore, including Rs 18,800 crore in back dated interest. #Narendra Modi #Vodafone #Income Tax Department #Cairn Energy #Cairn India #Hutchison #Tax demand
National Herald case: Subramanian Swamy wants court to summon financial details of Congress

Mar 01, 2016

National Herald case: Subramanian Swamy wants court to summon financial details of Congress

BJP leader Subramanian Swamy on Tuesday approached a court here seeking summoning of certain documents related to the financial details of Indian National Congress (INC), Associated Journals Pvt Ltd and Young Indian Pvt Ltd for the purpose of investigation in the National Herald case #Sonia Gandhi #NewsTracker #Supreme Court #Subramanian Swamy #Rahul Gandhi #Income Tax Department #Sam Pitroda #Oscar Fernandes #IPC #Motilal Vora #National Herald case #Suman Dubey #Indian National Congress (INC) #Ministries of Finance
I-T dept launches PAN-based litigation management system

Nov 25, 2015

I-T dept launches PAN-based litigation management system

The tax department is on a spree to ensure more and more number of people and taxpayers in the country use the PAN card. #Economy #NewsTracker #Supreme Court #Income Tax Department #Income Tax Appellate Tribunal #PAN card #National Judicial Reference System
Income tax probe against kith and kin of ex-CJI KG Balakrishnan 'yielded nothing': Centre

Nov 17, 2015

Income tax probe against kith and kin of ex-CJI KG Balakrishnan 'yielded nothing': Centre

Former Chief Justice of India KG Balakrishnan on Tuesday got a breather with the government telling Supreme Court that the Income Tax department's probe into the allegation that his kith and kin had amassed wealth during his tenure as the CJI from January 2007 to May 2010 has "yielded nothing". #India #NewsTracker #Supreme Court #CBI #Income Tax Department #CJI #KG Balakrishnan
Greater relief in store for taxpayers: Income tax department to go online all the way right upto appeal

Sep 22, 2015

Greater relief in store for taxpayers: Income tax department to go online all the way right upto appeal

Entire appeal process within the department culminating in tribunal proceedings would be a paperless, quick, efficient and corruption free exercise #Income Tax Department #CBDT #Aadhaar #Court #PAN #Taxpayers #NEFT online #capital tax gains
On FII MAT, Jaitley had said India cannot be a tax haven: Here's why he made a U-turn

Sep 02, 2015

On FII MAT, Jaitley had said India cannot be a tax haven: Here's why he made a U-turn

For the uninitiated, it all started with the income tax department issuing tax notices to FIIs in April this financial year. #Economy #FIIs #Narendra Modi #ConnectTheDots #Income Tax Department #Arun Jaitley #Retrospective Tax #Minimum Alternate Tax #AP Shah panel
 Govt to take action on Shah panel report on MAT soon: finance ministry

Jul 24, 2015

Govt to take action on Shah panel report on MAT soon: finance ministry

The panel, headed by Law Commission chairman AP Shah, included former chief economic advisor Ashok Lahiri and Chartered Accountant Girish Ahuja as other two members. #Economy #finance ministry #Supreme Court #Income Tax Department #Arun Jaitley #Bombay High Court #FII #Minimum Alternate Tax #Shaktikanta Das #Justice AP Shah Committee #Castleton #Ashok Lahiri #Girish Ahuja