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  • income tax department detects black money worth rs.1 lakh

    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

  • income tax department probing alleged violations by

    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

  • taxmen assert first claim to recover dues from kingfisher

    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

  • it dept order asking tasmac to pay little over rs 1 236 cr

    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

  • firms raided by i t not ours says purti group

    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

  • now file your i t returns at a kiosk mobile van near you

    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

  • fy 13 to be turnaround year for economy says pranab

    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

  • i t may approach swiss authorities in abhishek verma case

    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

  • kingfisher flights cancelled for second day

    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

  • eleven bank lockers of ponty chadha sealed

    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

  • ec teams seize rs 19 crore cash 36 lakh ml liquor in punjab

    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

  • delhi trader discloses rs 73 cr stashed abroad

    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

  • google india gets income tax notice

    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

  • income tax crackdown on mps industrialists having accounts

    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

  • it notice sent to kiran bedi

    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

  • haryana panchayat offers to pay up rs 9 lakhs for kejriwal

    Haryana Panchayat Offers To Pay Up Rs 9 Lakhs For Kejriwal's Dues

    India | September 05, 2011 14:33 IST

    Meham, Rohtak, Sept 5 : A panchayat of senior persons from Meham Chaubisi on Sunday decided to pay up Rs 9 lakh dues within 24 hours on behalf of Team Anna activist Arvind Kejriwal in

  • no returns filed by 300 political parties finds i t probe

    No Returns Filed By 300 Political Parties, Finds I-T Probe

    India | July 17, 2011 16:32 IST

    New Delhi, Jul 17:  A country-wide probe conducted by the Income Tax department has found that close to 300 registered political parties have never filed their tax returns and the Election Commission has now asked

  • jagan to face cbi probe

    Jagan To Face CBI Probe

    Politics | July 13, 2011 15:09 IST

    Hyderabad, Jul 13  :  After coming under the Income Tax Department scanner over the allegedly dubious manner in which he amassed wealth, YSR Congress president and MP-elect Y S Jaganmohan Reddy will now face a

  • 19 kolkata companies under i t scanner for funding

    19 Kolkata Companies Under I-T Scanner For Funding Kalaignar TV

    India | July 11, 2011 18:13 IST

    New Delhi, July 11 :  The money trail in the 2G telecom spectrum scam has led the Income Tax Department to 19 “non-genuine” companies in Kolkata allegedly used by Kalaignar TV to return Rs 230

  • 5 ias ifs officers amass wealth worth rs 491 cr

    5 IAS, IFS Officers Amass Wealth Worth Rs 491 Cr

    India | May 08, 2011 13:55 IST

    New Delhi, May 8 : The Income Tax department has submitted to the Finance ministry names of four senior IAS officers and one IFS officer who have amassed a huge wealth of nearly Rs 491

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