New Delhi [India], May 27 (ANI): Criminal prosecution by the Income Tax Department has witnessed a sharp increase of more than 100 percent during the last three years of Prime Minister Narendra Modi-led Government.
New Delhi [India], May 24(ANI): The Income Tax department on Wednesday conducted raids at the residences of top bureaucrats at over 15 locations on the suspicion of concealment of income.
New Delhi [India], May 16 (ANI): Dismissing former Bihar chief minister Lalu Prasad Yadav's claims of allegedly being pressurised by the Bharatiya Janata Party (BJP)-backed government, Union Law Minister Ravi Shankar Prasad while defending the Centre said it has no intentions to 't
New Delhi [India], Apr. 14 (ANI): In the wake of the raids carried out earlier this month in Chennai and other areas, the Income Tax Department on Friday summoned Tamil Nadu Health Minister C Vijayabaskar and educationist Geethalakshmi to appear in person for enquiries on April 17.
New Delhi [India], Jan. 31 (ANI): The Income Tax (IT) Department has recently attached properties under Prohibition of Benami Property Transactions Act, 1988, and issued 87 notices out of which 42 properties have already been attached in the last few days, sources state.
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.
New Delhi [India], Dec. 23 (ANI): Post demonetisation, the Income Tax Department has made over 760 searches and seizures amounting to Rs. 505 crores, out of which more than 93 crore was new currency.
New Delhi [India], Dec. 14 (ANI): The Income Tax (IT) Department and Inter State Crime Cell of the Delhi Police in a joint action on Wednesday seized unaccounted cash worth Rs. 64,84,000, of which Rs. 11,34,000 was in Rs. 2000 denomination.
Jaipur (Rajasthan) [India], Dec. 12 (ANI): The Income Tax (IT) Department on Monday seized Rs. 1.56 crore notes from various branches of the Integral Urban Co-Operative Bank Ltd here.
New Delhi, July 20 (ANI): In the last decade, the Income Tax Department embarked on an ambitious computerization plan, which developed voluminous databases of IT returns, IT forms, TDS/TCS statements, Annual Information Return (AIR) etc.