It Department
It Department News

Unexplained deposits of Rs 2,000 notes likely to attract IT dept's notice; Check details
Significant deposits after RBI's withdrawal decision is expected to draw the income tax department's attention

Income Tax Dept enables e-Pay service for THESE banks; know how to pay tax online
Through the IT Dept's e-Pay tax service, customers of these 24 banks can pay their taxes online. RBL Bank is the latest one to enable the service

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

ED moves SC against Delhi High Court order granting bail to Congress' DK Shivakumar in money laundering case
ED has filed an appeal in the Supreme Court against the Delhi High Court order granting bail to Congress leader DK Shivakumar in alleged connection with a money-laundering case being probed by the agency

Delhi court extends DK Shivakumar's judicial custody till 15 Oct, allows ED to interrogate Congress leader in jail
A Delhi court on Tuesday extended till 15 October the judicial custody of Congress leader DK Shivakumar, arrested in a money laundering case by the ED.

I-T Department attaches bungalow, funds worth $40 million belonging to Kamal Nath's nephew Ratul Puri
This is the second such I-T action against Ratul Puri, who is being probed on money laundering charges in relation to the AgustaWestland VVIP choppers case.

Delhi chief minister Arvind Kejriwal's 2015 promise of free Wi-Fi across city remains a distant dream
Even after four years of Kejriwal government free Wi-Fi remains mere lip-service as many parts of the city still to get it

Chandrababu Naidu claims govt uses CBI, I-T dept to harass rivals, says TDP allied with Congress 'in national interest'
Accusing the NDA government of harassing political rivals through agencies like the CBI and the Income Tax Department, TDP Chief N Chandrababu Naidu on Saturday said he joined hands with Congress president Rahul Gandhi and other Opposition leaders to work in national interest.

CBI vs CBI is a sign that things are beginning to fall apart because of criminal drift in governance over the decades
The infighting among the top echelons of the CBI is just a symptom of the malaise that has crippled governance at a deeper level

Trouble mounts for Jet Airways as Income Tax Department finds evidence of inflated expenditure by airline
The Mumbai Directorate of Income-Tax investigation wing had conducted the survey at four business premises of Jet Airways in Mumbai and Delhi

Black money case: Madras High Court reserves verdict on pleas by P Chidambaram's family against I-T Dept action
The black money case against the Chidambaram family pertains to alleged non-disclosure of overseas assets and bank accounts, according to the I-T Department.