Latest News on It Department
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It Department - Total results - 46
Jul 23, 2017
Govt to SC: IT dept has detected undisclosed income worth Rs 71,941 crores over past three yearsMassive searches, seizures and surveys by the IT department over the last three years have led to the detection of around Rs 71,941 crore of "undisclosed income"..
Jul 08, 2017
ED raids Lalu Prasad's daughter Misa Bharti's properties in Delhi in benami land deal caseThe Enforcement Directorate (ED) conducted raids at three different places owned by RJD chief Lalu Prasad's daughter Misa Bharti in connection with an over Rs 1,000-crore benami (proxy) land deals case.
Jul 04, 2017
Income Tax department says 7.36 crore PAN holders have linked their numbers with AadhaarNearly a quarter of 30 crore PAN holders have linked their unique alphanumeric number with Aadhaar.
Apr 06, 2017
Aadhaar-PAN card mismatch is real pain for some; why linking the two was a flawed stepThe fundamental issue with the Aadhaar is that its scope is being widened by the government to areas where it was not intended to
Feb 17, 2017
EPFO extends deadline for Aadhaar number submission till March 31EPFO has already made it mandatory for pensioners as well as subscribers to submit Aadhaar for availing of benefits of the Employees' Pension Scheme.
Dec 22, 2016
IT department identifies 67.54 lakh potential non-filers for 2014-15The IT Department has conducted the fifth cycle of data matching which has identified an additional 67.54 lakh potential non-filers who have carried out high value transactions in the financial year 2014-15 but did not file return of income for the relevant assessment year 2015-16
Dec 21, 2016
Tamil Nadu: IT sleuths raid chief secretary residence, office; recover Rs 30 lakh, five kg goldThe house and office of Tamil Nadu chief secretary was on Wednesday searched by Income Tax officials who claimed to have recovered Rs 30 lakh cash in new notes and five kgs of gold besides getting "disclosure" about Rs five crore of unaccounted income.
Dec 14, 2016
Bengaluru: Flat guarded by elderly woman yields Rs 2.89 crore in new Rs 2,000 notesOn a tip-off, the investigation wing of the Income Tax (IT) department found and seized Rs 2.89 crore in unaccounted cash, mostly in new Rs 2,000 notes, from a flat in Bengaluru, an official said on Wednesday
Nov 09, 2016
Rs 500, Rs 1,000 note banned: Hold your excitement; it may just backfireWill it boost the economy? Very unlikely.
Aug 11, 2016
I-T department's selective raids on rich politicians: What's the story?Are the signs not clear enough for the I-T department to go beyond the obvious? The department conducts raids based on information received from its sources on ground, wrongdoing by a person or anomaly in income of a taxpayer.