Search For "income tax department"
Delhi Police crackdown: 25 locations raided in major gangster operation
Updated : 5 months, 3 weeks ago IST
According to the DCP Dwarka Ankit Kumar Singh, this raid was conducted against all wanted criminals, who were once shooters and provided logistics or financial aid to gangsters. This operation focused on the 6-7 places in Delhi NCR.
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Direct tax collections dip 3.95% due to rise in tax refunds
Updated : 7 months, 1 week ago IST
India's net direct tax collections for FY 2025-26 stood at Rs 6.64 lakh crore as on August 11, down 3.95 per cent from Rs 6.91 lakh crore collected during the same period last year, Income Tax Department data shows.
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Jane Street global trading firm not cooperating with Income Tax probe: Sou
Updated : 7 months, 2 weeks ago IST
Global trading firm Jane Street is reportedly not cooperating with the Income Tax Department in an ongoing investigation against it, according to the sources.
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Income Tax Department cracks down on bogus claims of deductions, exemption
Updated : 8 months, 1 week ago IST
The Income Tax Department initiated a large-scale verification operation across multiple locations in the country on Monday, targeting individuals and entities facilitating fraudulent claims of deductions and exemptions in Income Tax Returns (ITRs).
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Income Tax Department conducts raids all over India for false deduction un
Updated : 8 months, 1 week ago IST
The Income Tax Department is conducting raids on more than 200 locations across India, in connection with false deductions of political donations, sources told ANI on Monday.
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CBDT chief directs Faceless officers to avoid irrelevant queries in tax as
Updated : 8 months, 3 weeks ago IST
The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has issued strict directives to Faceless Assessment Officers (FAOs) to avoid raising irrelevant queries while conducting faceless assessments, emphasising the need for more focused and case-specific scrutiny procedures.
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Direct tax collections rise 4.86% in FY26 so far, net collections dip on h
Updated : 9 months ago IST
India's gross direct tax collections for the financial year 2025-26 rose by 4.86 per cent to about Rs 5.45 lakh crore as of June 19, compared to about Rs 5.19 lakh crore collected during the same period last year, according to data released by the Income Tax Department.
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CBDT notifies new ITR form 5 for 2025-26 with key updates
Updated : 10 months, 3 weeks ago IST
The Central Board of Direct Taxes (CBDT) has issued Notification No. 42/2025, dated May 1st, 2025, unveiling the new Income Tax Return (ITR) Form 5 for the Assessment Year 2025-26, the Income Tax Department said on its official X page.
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How to get Rs5,00,000 Loan on a PAN Card?
Updated : 10 months, 3 weeks ago IST
New Delhi [India], May 3: PAN, i.e. Permanent Account Number, is an identification number that provides lenders with a complete image of the credit pattern. This number is a 10-digit alphanumeric number issued by the Income Tax Department of India. It helps monitor the monetary transactions
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Taxpayers can file income tax without login, CBDT unveils 'e-Pay Tax' feat
Updated : 11 months ago IST
The Income Tax Department has introduced the 'e-Pay Tax' feature on its official online portal to facilitate the taxpayers by easing various processes, according to the Central Board of Direct Taxes (CBDT).
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"ED must be abolished": Akhilesh Yadav amid row over National Herald case
Updated : 11 months, 1 week ago IST
"In my understanding, a department like ED must be abolished. I will ask Congress to ask for the same thing. There are several institutions to look into economic offences. Having ED means that you are not even trusting your own organisations like the Income Tax department or GST," Yadav,
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Odisha: National Income Tax employees meeting to conclude today in Puri
Updated : 11 months, 2 weeks ago IST
State-level office bearers of both associations from across the country, along with their national-level leaders, are participating in the conference. During the inaugural and subject sessions, key issues concerning Income Tax Department employees, as well as broader matters related to Centr
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