Latest News on I T
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I T - Total results - 24
Aug 17, 2018
Income Tax collection at record Rs 10.03 lakh cr during 2017-18; 6.92 cr I-T returns filed , says CBDTCBDT said that during 2017-18, a record number of 6.92 crore I-T returns were filed, which was 1.31 crore more than 5.61 crore returns filed in 2016-17
Apr 13, 2018
Unravelling PNB rot: Hong Kong module in over Rs 13,000 cr scam comes under India scannerThe Firstpost investigation revealed that PNB's board, audit committee and banking regulator, Reserve Bank of India (RBI) had approved little-known Chinese audit firms
Mar 27, 2018
Income Tax dept freezes Cognizant's bank accounts in Chennai, Mumbai after firm failed to pay Rs 2,500 cr DDTCognizant's accounts were frozen a week back and it had approached the High Court against the tax department
Jan 31, 2018
Budget 2018: Will Arun Jaitley offer a surprise income tax cut to salaried employees?In the upcoming budget, the overall exemption limit available to salaried employees under various sections of Income Tax Act needs a re-look to broaden the scope for savings
Dec 14, 2017
Bitcoin rally: Income tax sleuths conduct surveys on 9 major exchanges, detect HNI entriesSleuths detected a number of high net worth individuals (HNIs) and customer IDs in these databases and prima facie about 20-25 lakh such entities have been traced.
Nov 05, 2017
Karnataka minister DK Shivakumar, family summoned by Income Tax Department for tax evasionThe Income Tax Department (I-T)has summoned Karnataka energy minister DK Shivakumar and his family members to appear before it on Monday in connection with searches conducted at his properties in August for alleged tax evasion.
Jun 21, 2017
Benami land deal: Lalu Prasad's daughter Misa Bharti quizzed by I-T officials for five hours in DelhiRashtriya Janata Dal (RJD) chief Lalu Prasad Yadav's daughter Misa Bharti on Wednesday appeared before the Income Tax Department officials in Delhi in connection with over Rs 1,000-crore benami (proxy) land deals case, an official said.
Jun 20, 2017
I-T dept slaps benami transaction charges on Lalu Prasad Yadav, family in land deal caseThe I-T Department has charged family members of RJD chief Lalu Prasad, including his wife, son and daughters, under the Benami Transactions Act in connection with its probe into land deals worth Rs 1,000 crore and tax evasion.
May 10, 2017
I-T dept sends notice to AAP over alleged tampering of donation recordsThe Income Tax department on Tuesday issued a notice to the AAP asking why it should not be prosecuted for alleged falsification of account books.
Mar 21, 2017
I-T sleuths unearth Rs 21,454 crore undisclosed income in last 2 fiscal yearsAs part of enforcement measures and based on credible evidence of tax evasion and other serious violations of provision of the Income-tax Act, the Income Tax Department (ITD) conducts searches on various persons including companies and individuals