Search For "income tax department"
Delhi: IT department seizes Rs. 1.25 crore, detains one
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar.25 (ANI): The Income Tax department on Saturday seized Rs. 1.25 crore in new currency notes from three vehicles in Delhi's Seelampur.
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Criminal prosecution higher than expected, says Income Tax Department
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 14 (ANI): The Income Tax department on Tuesday said that in the current financial year till January 2017, there have been in total of 570 prosecution complaints recorded before the Criminal Courts.
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I-T department identifies 235 cases of 'Benami' transactions
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 22 (ANI): The Income Tax Department has identified 235 cases for 'benami' transactions and properties till mid-February 2017.
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Expeditious issue of refunds is a high priority for CBDT
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 13 (ANI): The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) on Monday said that it has processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current financial year up to 10th February, 2017.
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Reply date for I-T queries on deposits during demonetisation extended till
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 12(ANI): The Income Tax Department has extended the date for replying to the queries on cash deposits during the demonetisation period till February 15.
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1100 searches conducted, Rs.5400 crore undisclosed income detected by inco
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb.8 (ANI): Minister of State for Finance Santosh Kumar Gangwar has informed Shimla Member Parliament Virender Kashyap and 10 other Members of Parliament in the Lok Sabha that the Income Tax Department conducted more than 1100 searches, seizures and surveys and issued mor
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Income Tax dept sends 13 lakh messages under 'Operation Clean Money&#
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 2 (ANI): Income tax department (ITD) on Thursday announced its action plan against people who have made 'suspicious' cash deposits following the Narendra Modi-led government's move to demonetise Rs. 500 and Rs. 1,000 notes.
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Income Tax Department (ITD) launches Operation Clean Money
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 31 (ANI): Income Tax Department (ITD) initiated Operation Clean Money on Tuesday. The initial phase of the operation involves e-verification of large cash deposits made during 9th November to 30th December 2016 period.
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I-T pressure prompted many to opt for PMGKY
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 21 (ANI): The pressure built up by the income tax department post-demonetisation prompted those under scrutiny to opt for the Pradhan Mantri Garib Kalyan Yojana (PMGKY). This was found out after the Pune Investigation Directorate conducted surveys and searches.
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IT Dept. prosecutes Telangana MLA over undisclosed income of over Rs 500 c
Updated : 8 years, 7 months ago IST
Hyderabad [India], Jan. 19 (ANI): A Telangana MLA is being prosecuted by the Income Tax Department for tax evasion of undisclosed income of more than Rs 500 crores.
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IT detects excess reporting of old currency by certain Cooperative Banks
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 18 (ANI): The Income Tax Department, on Wednesday, detected excess reporting of the now defunct Rs. 500 and Rs. 1000 notes to the Reserve Bank of India (RBI), by certain Cooperative Banks.
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SC to hear Common Causes plea seeking SIT probe into Sahara-Birla papers
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 17(ANI): The Supreme Court will on Tuesday hear the plea filed by NGO Common Cause, seeking an Special Investigation Team (SIT) probe into the documents allegedly recovered by the Income Tax Department in connection with raids on the Sahara and Aditya Birla groups in
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