Search For "income tax department"
Income Tax Department conducts survey at Truecaller offices in Mumbai, Gur
Updated : 1 year, 4 months ago IST
The Income Tax Department conducted a survey at the offices of "Truecaller" in Mumbai and Gurugram on Thursday, reportedly in connection with alleged transfer pricing violations, official sources told ANI.
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Mumbai Police recovers Rs 30 lakh cash, two people taken into custody ahea
Updated : 1 year, 4 months ago IST
As the preparations for the upcoming elections to 288 Assembly seats in Maharashtra have intensified and the model code of conduct is in force, Mumbai Police have recovered Rs 30 lakh cash from a car and two people were taken into custody on Friday.
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Pune Rural Police seizes Rs 5 crore during a Nakabandi at Khed Shivapur to
Updated : 1 year, 5 months ago IST
The money seized during Nakabandi, conducted on the late evening of October 21, has been handed over to the Income Tax Department for further investigation, said Pune Rural Superintendent Pankaj Deshmukh.
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Court refuses to give directions to FSL for comparison of Signature allege
Updated : 1 year, 5 months ago IST
A Special Income Tax Court at Tis Hazari Delhi has refused to give a direction to Forensic Science Laboratory (FSL) Rohini to furnish a comparison report of hand writing regarding a signature allegedly used by an accused to open a bank account in Singapore. The court said that the applica
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CBDT issues Central Action Plan 2024-25 to resolve high-priority tax deman
Updated : 1 year, 7 months ago IST
CAP 2024-25 calls for quick resolution of high-priority tax demand cases, identification of above Rs 2 lakh cash transactions at high-risk sectors like hotels and luxury retailers and widening of the tax base.
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IT Department summons Assam Congress leader Bhupen Borah
Updated : 1 year, 7 months ago IST
An official release by the Income Tax Department stated that Bhupen Kumar Borah's attendance is required in connection with the proceedings under the Income Tax Act 1961.
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51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of t
Updated : 1 year, 7 months ago IST
The total number of ITRs for assessment year 2024-25 filed till July 31, 2024 is more than 7.28 crore, which is 7.5 per cent more than the total ITRs for assessement 2023-24 (6.77 crore) filed, a Ministry of Finance release stated on Friday. Out of the total ITRs of 7.28 crore filed, 5.27
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Over seven crore Income Tax Returns submitted on last filing day
Updated : 1 year, 7 months ago IST
The Income Tax Department of the Government of India on Wednesday informed that over seven crore Income Tax Returns (ITRs) were filed on July 31, marking the last day for submissions.
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Over 5 crore Income Tax Returns filed till July 26
Updated : 1 year, 8 months ago IST
Over 5 crore Income Tax Returns (ITRs) have already been filed for AY 2024-25 till July 26 this year as compared to July 27 last year, the Income Tax Department said on a post on the social media platform X.
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New tax proposal without indexation for real estate is beneficial in most
Updated : 1 year, 8 months ago IST
In a social media post on "X" the income tax department says the proposed new tax rate without indexation is beneficial in most cases.
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SC rejects DK Shivakumar's plea on quashing CBI's disproportionate assets
Updated : 1 year, 8 months ago IST
The Supreme Court was hearing a petition filed by the Deputy Chief Minister against the order of the Karnataka High Court, which had earlier rejected his plea.
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Robust net direct tax collection in FY25, (upto July 11) up 19.54 per cent
Updated : 1 year, 8 months ago IST
The net direct tax collection of the government registered a significant growth of 19.54 per cent in financial year 2024-25, amounting to Rs 5,74,357 crore by July 11, highlighted the data by the income tax department.
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