Search For "income tax"
I-T dept attaches Tej Pratap Yadav's property under Benami Property Act
Updated : 8 years, 2 months ago IST
Patna (Bihar) [India], Apr. 27 (ANI): Under the provision of Benami Property Transaction Act, the Income Tax (I-T) department on Friday attached 7,105 square feet of land in Patna's Sheikhpura district, registered in the name of a factory belonging to Lalu Prasad's son Tej Pratap Yadav. Read More
CBDT notifies introduction of section 112A in the Act
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr 24 (ANI): Central Board of Direct Taxes (CBDT) on Tuesday notified that the Finance Act, 2018 has withdrawn the exemption under clause (38) of section 10 of the Income-tax Act, 1961 (the Act) and has introduced a new section 112A in the Act.
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IT Dept employees directed to follow dress code
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 18 (ANI): The Income Tax (IT) department issued an order to its employees directing them to adhere to the prescribed dress code imposed through the rollout of 'Operation Dress Code.'
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Guwahati IT commissioner's Dehradun residence sealed
Updated : 8 years, 2 months ago IST
Dehradun (Uttarakhand) [India] April 14 (ANI): The Central Bureau of Investigation (CBI) and Anti-Corruption Bureau (ACB) on Saturday sealed residence of Guwahati's Income Tax Commissioner (Audit) Swetabh Suman.
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CBDT invites comments to improve transparency in tax rulings
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 14 (ANI): The Central Board of Direct Taxes on Saturday invited comments on draft notification proposing amendment to Rule 44E, Form 34C, 34D and 34DA as per Base Erosion and Profit Shifting (BEPS) Action 5, for improving transparency in tax rulings.
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Over Rs 13 cr cash seized in poll-bound K'taka
Updated : 8 years, 2 months ago IST
Bengaluru (Karnataka) [India], Apr 13 (ANI): Ahead of the upcoming Karnataka Assembly elections, authorities have cracked down on defaulters in regards to following the model code of conduct, and seized cash worth Rs 13.33 crore till date.
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ICICI loan case: CBI questions NuPower Renewables directors
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 12 (ANI): The Central Bureau of Investigation (CBI) on Thursday questioned Umanath Venkat Naik, the director of NuPower Renewables in connection with a case related to Rs 3,250 crore loan to the Videocon Group in 2012.
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CBDT facilitates seamless tax payment; notifies simplified ITR form
Updated : 8 years, 3 months ago IST
New Delhi [India], Apr. 5 (ANI): The Central Board of Direct Taxes(CBDT) on Thursday released a one-page simplified Income Tax Returns (ITR) Form-1(Sahaj) for the assessment year 2018-19, similar to that of the previous assessment year.
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CBDT amends Section 16 of Income Tax Act
Updated : 8 years, 3 months ago IST
New Delhi [India], Apr. 05 (ANI): The Central Board of Direct Taxes (CBDT) on Thursday announced that the Finance Act, 2018 has amended Section 16 of the Income Tax Act, 1961.
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IndiaFilings launches online income tax filing services
Updated : 8 years, 3 months ago IST
Chennai (Tamil Nadu) [India], Apr. 05 (ANI-BusinessWireIndia): IndiaFilings.com, the largest cloud based business services platform has launched online income tax filing services for salaried individuals.
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IT Dept sends notice to Deepak Kochhar's NuPower Renewables
Updated : 8 years, 3 months ago IST
New Delhi [India], Apr. 3 (ANI): Amid the ongoing controversy regarding a Rs.3,250 loan sanctioned by ICICI Bank to Videocon Group, the Income Tax (IT) Department on Tuesday sent a notice to NuPower Renewables, owned by the private lender's CEO Chanda Kochhar's husband Deepak.
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Navjot Singh Sidhu's bank accounts seized for nonpayment of taxes
Updated : 8 years, 3 months ago IST
New Delhi [India], Mar. 30 (ANI): The Income Tax (IT) department on Thursday seized two bank accounts of Punjab Minister Navjot Singh Sidhu for non-payment of taxes.
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