It Department

After Atiq Ahmed, spotlight turns on Mukhtar Ansari as IT Department serves notice for benami property worth Rs127 crore

The Income Tax Department has served notice to mafia-turned-politician Mukhtar Ansari regarding a plot of land worth Rs127 crore in UP's Ghazipur

Income Tax officials continue to survey BBC offices in India: What does this mean and is it different from a raid?

Income Tax sleuths continue their survey at the BBC offices in India for a second day to investigate the alleged tax evasion. Though #ITraid started trending since then, officials have pointed out that their operations are different from an I-T raid. But what exactly is the difference?

Income Tax department detects Rs 224-crore undisclosed income after raiding start-up firm Infra.Market

The searches were launched on 9 March at the firm's 23 premises in Maharashtra, Karnataka, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh

Income Tax officials seize properties worth Rs 1,000 crore belonging to Ajit Pawar

The authorities have seized Jarandeshwar Sahakari Sugar Karkhana in Maharashtra, a resort in Goa as well as an office at Nirmal Tower in south Mumbai

More than two crore ITRs filed on new income tax portal; CBDT urges taxpayers to file returns at earliest

Asking taxpayers to file their income tax returns (ITRs) for fiscal 2020-21 (April 2020-March 2021) at the earliest, the Central Board of Direct Taxes (CBDT) said all ITRs have been made available for e-filing.

Income tax dept moves Madras HC against AR Rahman for alleged tax evasion

The Income Tax department found discrepancies in AR Rahman's tax filing for the fiscal year 2011-12

Bhupesh Baghel writes to Narendra Modi over ‘politically motivated’ I-T raids in Chhattisgarh, says action is affont to cooperative federalism

Chhattisgarh chief minister Bhupesh Baghel on Monday wrote to Prime Minister Narendra Modi over the ongoing "politically motivated" raids in parts of the state by the Income Tax department, terming the action as an affront to the idea of cooperative federalism.

Cash still rules: Builders continue to ask for money for property purchases in smaller cities, says report

Despite the Income Tax Act introducing some changes for the realty sector to curb generation of black money, builders continue to ask for cash for property purchases.

National Herald case: In a setback for Rahul Gandhi, I-T Tribunal rejects plea to recognise Young Indian Ltd a charitable trust

While Rahul and his mother Sonia Gandhi hold 76 percent of the company’s shares, the remaining 24 percent are held by Congress leaders Motilal Vora and Oscar Fernandes.

Congress leader DK Shivakumar accorded tumultuous welcome from supporters in Bengaluru after getting bail in money laundering case

DK Shivakumar was arrested by the Enforcement Directorate on 3 September in a money laundering case