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Friday, Sep 25, 2020
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Income tax department

Dec 17, 2019 16:21
Taxmen have been told that the corporate tax relief worth Rs 1.45 lakh crore should not be taken as an excuse for lesser direct tax collection target. read more
Dec 11, 2019 16:27
The income tax department has extended the deadline of linking PAN cards with Aadhaar for the seventh time to December 31, 2019, from September 30, 2019. read more
Dec 09, 2019 19:49
The IT department imposed a 77% tax penalty on the total amount deposited by the temple administration after demonetization in November and December 2016. It asked the temple management to deposit Rs 2 crores with the department, said an IT officer. read more
Dec 04, 2019 05:42
The loans push is part of the government’s efforts to revive demand in a slowing economy. Data released on Friday showed that the economy expanded by 4.5% in the second quarter (ending September 30) of 2019-2020, the lowest rate of growth since March... read more
Dec 03, 2019 20:23
The CBDT said the Centralized Processing Center (CPC) of the Income Tax Department has been at the forefront of the strategy to ensure highest priority to issue of refunds in an automated manner without any interface with the taxpayer. read more
Nov 24, 2019 21:58
They said the incident occurred on Saturday evening at the Barakhamba station when Thakur Dilip reached with a bag to board a train to Chandni Chowk station. read more
Nov 18, 2019 11:45
The Income-Tax Department on Monday said its search teams have seized unaccounted cash of Rs 32.6 crore and about 10 kilograms of gold jewellery from a Tamil Nadu-based firm, which is in the business of manufacturing specialised materials supplied to... read more
Nov 07, 2019 19:53
Vipin Kartik’s main accomplice was his mother, who also posed as an information service officer and she was arrested last week, police said. They added that they belong to Thalassery in Kannur district. read more
Oct 31, 2019 22:05
The CBDT order also said the ITRs filed by individual taxpayers, post the set deadline of August 31, will also be considered valid as part of the latest order. read more
Oct 31, 2019 16:27
The clarification comes amidst media report indicating the government move to launch amnesty scheme that will allow individuals and entities to declare their unaccounted gold holding without risk of being prosecuted. read more
Oct 28, 2019 08:30
Shivakumar was arrested by the Enforcement Directorate on September 3 in an alleged money laundering case and was in judicial custody at the Tihar Jail. read more
Oct 24, 2019 03:11
According to the company’s website, Alankit has collaborated with the State Bank of India and the Bank of Baroda to enable people to access a range of banking facilities through internet-enabled kiosk outlets of the two banks. read more
Oct 21, 2019 21:53
The raids on the self-styled godman’s ashram and premises which began on Wednesday across three southern states ended on Sunday. read more
Oct 18, 2019 21:54
The top body of the income tax department said no bank or provider of a digital payment system shall “impose any charge on a payer making payment, or a beneficiary receiving payment” through electronic modes. read more
Oct 18, 2019 12:47
The order to refund Rs. 788.39 crore arose was issued last week. The dispute has its origin in the assessment order of March this year for 2017-18, the financial year in which the company had suffered huge losses in excess of Rs 6,600 crore. read more