Search For "income tax department"
IT Dept detects undisclosed income of Rs. 125 Cr under FATCA
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Income Tax Department (IT) has detected undisclosed income worth Rs. 125 Crore under the Foreign Account Compliance Act (FATCA).
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Deadline for filing ITR extended
Updated : 7 years, 8 months ago IST
New Delhi [India], July 27 (ANI): The income tax department has extended the last date for filing tax returns by one month.
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RBI should prove credibility of demonetisation: VP
Updated : 7 years, 8 months ago IST
New Delhi [India], July 23 (ANI): Vice President M Venkaiah Naidu on Monday urged the Reserve Bank of India to prove credibility of the money deposited in banks after the Centre's demonetisation move at the earliest in order to maintain the credibility of the reform.
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IT sleuths to prosecute EO involved in converting Black Money into white
Updated : 7 years, 8 months ago IST
New Delhi [India], July 10 (ANI): The Income Tax Department has made a list of 100 Entry Operators (EO) who were found converting black money into white on commission basis. IT sources said these people have accepted that they took commission of 3-5 per cent and routed the money through t
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IT Dept. expedites clearance of pending issue of refunds
Updated : 7 years, 8 months ago IST
New Delhi [India], July 4 (ANI): The Income Tax Department on Wednesday notified that processing of more than 99 percent of refund under the income-tax returns has been cleared with effect and rectification.
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DK Shivakumar accused of operating hawala network
Updated : 7 years, 9 months ago IST
Bengaluru (Karnataka)[India], June 21 (ANI): Congress leader DK Shivakumar has been accused of operating a hawala network by the Income Tax department on Thursday.
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IT Dept detects Rs.10, 767Cr undisclosed income during fiscal 2017-18
Updated : 7 years, 9 months ago IST
New Delhi [India], June 16 (ANI): The Income Tax Department has detected undisclosed income of over Rs. 10,000 crore in fiscal 2017-18, thus recording a 20 percent surge over the previous fiscal.
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Akhilesh-bungalow row: What was hidden behind the walls you broke, asks BJ
Updated : 7 years, 9 months ago IST
Lucknow (Uttar Pradesh) [India], Jun 13 (ANI): The Bharatiya Janata Party (BJP) on Wednesday questioned former Uttar Pradesh Chief Minister and Samajwadi Party (SP) chief Akhilesh Yadav, why he damaged the walls of the official bungalow allotted to him when he was in power.
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Rs 1-cr reward scheme becomes headache for IT Dept
Updated : 7 years, 9 months ago IST
New Delhi [India], June 8 (ANI): After raising the reward for the people informing about the tax evasion, the Income-Tax Department is now being bombarded with calls, couriers and emails by the informants.
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CBDT dedicates June 1 to 15 for expeditious disposal of pending appeal eff
Updated : 7 years, 9 months ago IST
New Delhi [India], June 7 (ANI): The Central Board of Direct Taxes (CBDT) has dedicated a fortnight, from June 1 to June 15, for expeditious disposal of pending appeal effect and rectification matters.
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IT Dept revises the 'Income Tax Informants Reward Scheme'
Updated : 7 years, 9 months ago IST
New Delhi [India], June 1 (ANI): The Income Tax department on Friday announced the issue of the Income Tax Informants Reward Scheme, 2018, that will serve the objective of obtaining people's participation in the Income Tax Department's efforts to unearth black money and reduce tax evasion.
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IT Dept. extends date for sending suggestions on new direct tax
Updated : 7 years, 10 months ago IST
New Delhi (India), May 28 (ANI): The Income Tax Department's Task Force has extended the date for sending suggestions or feedback on existing Income-Tax Act, 1961 and drafting a new direct tax law till June 15.
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