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  I-T Dept to tax bitcoin trade; already issued ‘few lakh’ notices: CBDT

  Business | February 02, 2018 17:00 IST

  Finance Minister Arun Jaitley, in his Budget speech yesterday, had said that all types of crypto currencies, including bitcoins, are illegal and the government will take all measures to eliminate their use.

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  I-T department attaches Shah Rukh Khan's Alibaug bungalow under Benami Act

  India | January 31, 2018 12:15 IST

  The Income Tax Department has provisionally attached actor Shah Rukh Khan’s bungalow in Alibaug, terming it a benami property.

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  Do not donate over Rs 2,000 in cash to political parties: I-T dept

  Politics | January 23, 2018 14:17 IST

  The Income Tax Department today cautioned people against indulging in illegal cash transactions including donating more than Rs 2000 to political parties.

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  Delhi: I-T Dept seizes cash, gold worth Rs 15 cr from private vault

  News | January 05, 2018 15:29 IST

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  Moradabad doctor surrenders after Income Tax sleuths expose his illegal assets worth crores

  News | December 22, 2017 10:05 IST

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  Black money: India-Swiss deal inked, data sharing from Jan 1

  Business | December 21, 2017 21:09 IST

  It will now be possible for India to receive from September, 2019 onwards, the financial information of accounts held by Indian residents in Switzerland for 2018 and subsequent years.

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  Note Ban: 20,000 tax returns to undergo 'detailed scrutiny'

  Business | November 06, 2017 19:43 IST

  The Income Tax Department has picked 20,572 tax returns for "detailed scrutiny" suspecting discrepancies in incomes before and after demonetisation.

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  Will new benami law be given retrospective effect: HC to I-T department

  Business | October 11, 2017 23:08 IST

  The Delhi High Court today asked the Income Tax department whether it intended to examine under the new benami law all accommodation entries made prior to 2016 when it came into effect.

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  I-T raids on Cafe Coffee Day reveal Rs 650 cr undisclosed income

  Business | September 25, 2017 6:35 IST

  The Income Tax Department on Sunday concluded raids on premises linked to former Union minister S M Krishna’s son-in-law V G Siddhartha, who is also the owner of Cafe Coffee Day Enterprises

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  Bengaluru: I-T raids on S M Krishna’s son-in-law Siddhartha, owner of Cafe Coffee Day chain

  September 21, 2017 12:14 IST

  Siddhartha is the son-in-law of former Karnataka chief minister S M Krishna, who had joined Bharatiya Janata Party last year

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  Crackdown on shell companies: Government to disqualify over 1.06 lakh directors

  September 12, 2017 19:57 IST

  Further tightening the noose around black money hoarders, the government has said that more than 1.06 lakh directors will be disqualified for their association with shell companies

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  Deposits worth Rs 2.89L cr made after note ban under scanner: I-T

  August 31, 2017 19:21 IST

  The department added that 14,000 properties of over Rs 1 crore each are also under scrutiny as their owners have not filed income returns

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  Undisclosed income of Rs 71,941 cr found in 3 years: Govt to SC

  July 23, 2017 20:50 IST

  The Centre has told the Supreme Court that massive searches, seizures and surveys by the IT department over the last 3 years have led to the detection of around Rs 71,941 crore of "undisclosed income."

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  In major reshuffle, I-T department transfers 245 commissioners citing ‘performance’

  July 17, 2017 9:32 IST

  The CBDT has shifted out non-performers from significant charges, besides those officers holding a post for two years or more, and also those who are facing vigilance or other disciplinary charges

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  I-T identifies 5.56 lakh new bank accounts with suspicious deposits during demonetisation

  July 14, 2017 17:43 IST

  The Income Tax Department has identified 5.56 lakh new persons whose tax profiles were found to be inconsistent with the cash deposits made by them during the demonetisation period

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  I-T lens on foreign accounts of NRIs as govt tightens noose on money-laundering

  July 14, 2017 16:39 IST

  Tax authorities have added a fresh provision in the Income Tax Return forms that will require NRIs to furnish details of all offshore accounts

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  Income tax department in action against arrested ARTO RS Yadav

  News | June 13, 2017 18:40 IST

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  Benami land deal case: I-T slaps Rs 10,000 fine on Misa Bharti for failing to appear before it

  Politics | June 06, 2017 16:12 IST

  The Income Tax Department on Tuesday slapped a fine of Rs 10,000 on RJD chief Lalu Prasad Yadav's daughter Misa Bharti for failing to appear before it in connection with the Rs 1,000 crore alleged benami land deals and tax evasion case

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  Is NOIDA a corporation under UP law? SC to examine

  India | May 21, 2017 9:31 IST

  Supreme Court has agreed to examine a plea of the income tax department whether the NOIDA is a corporation established by the UP government under the state industrial development law or not.

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  Panama papers probe: IT dept has sent 266 requests overseas, says CBDT

  May 03, 2017 22:51 IST

  Income Tax department has sent over 260 requests overseas seeking information in connection with its tax evasion probe in the Panama papers leak case.