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  Himachal High Court Quashes Circular of Income Tax department

  India | October 16, 2014 6:58 IST

  Shimla: The Himachal High Court yesterday quashed a circular of Income Tax department regarding deduction of income tax on the award and interest accrued on them by court in Motor Accident Claims cases.Passing the orders

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  Income Tax Department launches secure email system for staff: Report

  October 12, 2014 16:32 IST

  New Delhi: To curb misuse of official cyber tools and attempts of phishing, the Income Tax department has rolled out a secure email system for all its employees and officers.The department, official sources said, has

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  I-T department launches secure email system for staff to curb frauds

  October 12, 2014 9:21 IST

  New Delhi: To curb misuse of official cyber tools and attempts of phishing, the Income Tax department has rolled out a secure email system for all its employees and officers.The department, official sources said, has

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  Bodh Gaya temple gets IT notice

  India | October 11, 2014 13:38 IST

  Patna: The Income Tax Department has issued notice to Bodh Gaya's Mahabodhi temple, Buddhism's holiest shrine, for not filing annual return of its income of over Rs.100 crore through donations, an official said Saturday.Deputy Commissioner

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  India making all efforts to get Swiss banks a/c holders' list

  India | July 18, 2014 17:11 IST

  New Delhi: Government today said it was making all efforts to procure the list of illegal bank account holders in Switzerland and was collecting evidence in this regard.Finance Minister Arun Jaitley also said in Lok

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  Income Tax Department detects black money worth Rs.1 lakh crore

  India | July 17, 2014 9:09 IST

  New Delhi: The Income Tax Department has detected undisclosed income worth Rs.1 lakh crore in the financial year 2013-14, which is more than double the figure seized by the tax sleuths during raids to unearth

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  Income Tax department probing alleged violations by American school

  India | February 09, 2014 12:13 IST

  New Delhi: Income Tax department has begun a “discreet” probe into alleged tax violations by the elite American Embassy school here even as the External Affairs Ministry awaits a response from their officials on the

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  Taxmen assert first claim to recover dues from Kingfisher

  December 14, 2013 22:07 IST

  Bangalore: Asserting its primary claim, the Income Tax Department has maintained that dues to it will have to be settled first by Vijay Mallya-led Kingfisher Airlines Limited, in the wake of a lender consortium of

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  IT dept order asking TASMAC to pay little over Rs 1,236 cr tax quashed

  India | September 14, 2013 8:24 IST

  Chennai: The Madras High Court yesterday quashed an Income Tax department's order which asked Tamil Nadu government-run liquor shops to pay a little over Rs 1,236 crore as income tax in 20 equal instalments at

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  Firms raided by I-T not ours, says Purti group

  Politics | January 22, 2013 21:05 IST

  New Delhi, Jan 22 : The Purti group today said that some of the companies about which the Income Tax department carried out on-field inquiries in Mumbai today are not part of its family but

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  Now file your I-T returns at a kiosk, mobile van near you

  India | June 25, 2012 18:51 IST

  New Delhi, Jun 25: For the first time, the Income Tax department has decided to set up special ‘tax kiosks' in residential areas and localities for facilitating a host of taxpayer related services in view

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  FY'13 to be turnaround year for economy, says Pranab Mukherjee

  June 11, 2012 14:28 IST

  New Delhi, June 11: Dismissing concerns that India's growth rate may drop below 6.5 per cent, Finance Minister Pranab Mukherjee today said 2012-13 would be the turnaround year for the economy.Addressing a conference of top

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  I-T may approach Swiss authorities in Abhishek Verma case

  India | June 10, 2012 17:03 IST

  New Delhi, Jun 10: Income Tax department authorities may soon approach the Swiss government to obtain fresh information on the investments and finances of arms dealer Abhishek Verma for its probe against him and his

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  Kingfisher Flights Cancelled For Second Day

  India | February 19, 2012 14:17 IST

  New Delhi, Feb 19: Flight schedules of Kingfisher Airlines was disrupted for the second day today as it cancelled a large number of flights with the Income Tax department freezing some of its accounts.As many

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  Eleven Bank Lockers Of Ponty Chadha Sealed

  India | February 03, 2012 20:58 IST

  New Delhi/Lucknow, Feb 3: Eleven bank lockers of liquor baron Ponty Chadha were sealed today by the Income Tax department which claimed to have seized cash and jewellery worth Rs 15 crore during searches carried

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  EC Teams Seize Rs 19 Crore Cash, 36 Lakh ML Liquor In Punjab

  India | January 15, 2012 9:46 IST

  Chandigarh, Jan 15 : Surveillance and Income Tax department teams, deployed for checking black money and narcotics in poll-bound Punjab, have seized close to Rs 18.84 crore cash and confiscated over 36 lakh ML of

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  Delhi Trader Discloses Rs 73 Cr Stashed Abroad

  January 06, 2012 17:07 IST

  New Delhi, Jan 6: In the biggest ever disclosure of black money stashed abroad, a Delhi-based businessman has disclosed and surrendered Rs 73 crores to the Income Tax department and also gave details of lockers

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  Google India Gets Income Tax Notice

  India | December 08, 2011 7:40 IST

  Mumbai, Dec 8:  The Income Tax department has sent a notice to the Indian arm of Google saying it has not given the complete picture of the businesses showing its entire income for taxation, reports

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  Income Tax Crackdown On MPs, Industrialists Having Accounts In HSBC Bank, Geneva

  India | November 01, 2011 8:36 IST

  New Delhi, Nov 1: The Income Tax department is reported to have launched a crackdown on undisclosed account holders who have parked their money in HSBC Bank, Geneva.In a first of its kind crackdown against

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  IT Notice Sent To Kiran Bedi

  India | October 02, 2011 0:02 IST

  New Delhi, Oct 1: The Income Tax department has sent notices for scrutiny to two NGOs associated with former IPS officer and Team Anna member Kiran Bedi.The IT notices, according to sources, pertain to certain