Though the CBDT did not identify those who were raided, sources said the businessman has links with a political party in election-bound Bihar
The income tax department has sent e-mails to 1.72 lakh assessees, including start-ups, companies and individuals, who have outstanding tax demands as well as tax refunds asking them to provide as update on the payment
I-T refunds worth Rs 4,250 cr issued in a week; to be credited in 5-7 days in taxpayer bank account: CBDT
The Income Tax department has issued over 10.2 lakh refunds worth Rs 4,250 crore within a week, the Central Board of Direct Taxes (CBDT) said on Wednesday
Election Commission appoints 22 IRS officers of I-T department as expenditure observers for upcoming Delhi Assembly polls
The Election Commission (EC) has appointed 22 IRS officers of the Income-Tax Department as expenditure observers for the forthcoming Assembly polls in Delhi, officials said on Thursday
I-T dept carries out search operation on BSE share-brokers, traders across 39 locations, seizes unaccounted cash worth Rs 1.20 crore
These brokers were involved in facilitating accommodation of profits/loss through reversal trades in illiquid stock options in equity derivative segment and also currency derivative on the Bombay Stock Exchange (BSE), said the department.
I-T Dept detects Rs 435-cr undisclosed income after raids on Tamil Nadu firm; company inflates expenditures using bogus invoices
It was found, the CBDT said, that the company would pay for such bogus expenses by cheque or RTGS and then receive the cash back.
The Supreme Court on Friday dismissed the Enforcement Directorate's plea challenging the Delhi High Court order granting bail to Karnataka Congress leader DK Shivakumar in a money laundering case
To tighten grip on black money, Centre likely to introduce more provisions in cash holding limit norms in Budget 2020-21
Top sources said the government is mulling stringent measures which could be announced during the Budget next year to cap the cash holding limit at home or in lockers.
Hours after Delhi HC grants bail to DK Shivakumar in ED money laundering case, Congress leader released from Tihar Jail
DK Shivakumar was booked along with Haumanthaiah — an employee at Karnataka Bhavan in New Delhi — and others for alleged offences under the Prevention of Money Laundering Act
DK Shivakumar gets bail in money laundering case; Delhi HC bars him from leaving country without prior permission
The Delhi High Court granted bail to Congress leader DK Shivakumar in money laundering case on a personal bond of Rs 25,000 on Wednesday
Daily Bulletin: Delhi HC verdict on DK Shivakumar's bail plea; Sourav Ganguly to take over as BCCI president today, Jay Amit Shah as secretary; day's top stories
Here are today's top stories: Delhi HC to give verdict on DK Shivakumar's bail plea; Two suspects arrested in Kamlesh Tiwari murder; and more
Delhi High Court to pronounce judgment on DK Shivakumar's bail plea today in ED money laundering case
The Delhi High Court will pronounce its judgement on Wednesday on a bail plea filed by former Karnataka minister DK Shivakumar in an alleged money laundering case.
Ahead of Assembly polls, Congress moves EC over raids at houses of party officials, claims BJP 'misusing' agencies
The Congress also gave another memorandum to the EC alleging criminal intimidation of voters in Kaithal where the party's chief spokesperson Randeep Surjewala is contesting
The I-T department is looking at the ITRs of Novel Singhal Lavasa to ascertain if her income has escaped assessment in the past or something has been concealed from tax authorities, official sources said.
Delhi court to deliver verdict on DK Shivakumar’s bail application on 25 Sep; Cong leader may influence witnesses, says ED
The Enforcement Directorate (ED) accused DK Shivakumar of committing a 'serious economic offence' and said it's a threat to national economy
The Income Tax Department has conducted a search and seizure operation in Tamil Nadu and detected an undisclosed income of Rs 700 crore
VG Siddhartha dead: Close ties with Congress leader DK Shivakumar may have landed CCD founder in trouble
Bengaluru’s business, political circles have come to believe that there are chances that Siddhartha's problems stemmed from his close ties with Shivakumar. Siddhartha’s father-in-law, SM Krishna, Karnataka’s former chief minister, who is now with the BJP was a protégé of Shivakumar.
Assessing situation after disappearance of chairman VG Siddhartha, taking help of authorities: Coffee Day
Siddhartha, in the said letter, also took sole responsibility of all financial transactions undertaken by the company.
There was no demand made by I-T Department before attaching Mindtree shares and for a “potential” tax demand of Rs 625 crore, shares worth Rs 3,000 crore were attached.
Compulsory retirement of 12 tax officials: Govt should come up with structural reforms for radical change in bureaucracy
One of the drawbacks of the compulsory retirement rules is that they apply to those who have crossed the age of 50 or completed 30 years of service.