I-T dept revises format of TDS certificate issued by employers
New Delhi: The Income Tax department has revised Form 16 by adding various details, including income from house property and remuneration received from other employers, thereby making it more comprehensive to help More...
I-T dept seeks legal action against K’taka CM, Dy CM for intimidating officers
Bengaluru: The Income Tax department has written to the Chief Electoral Officer seeking legal action against Chief Minister H D Kumaraswamy, Deputy Chief Minister G Parameshwara and a host of his cabinet colleagues More...
Enforcement actions always taken irrespective of political affiliation: Revenue Dept to EC
New Delhi: Amid continuing Income Tax Department raids on persons considered close to opposition parties, Union Finance Ministry has told the Election Commission that enforcement actions by its revenue department More...
1.07 cr new taxpayers added, dropped filers down at 25.22 lakh in FY18: CBDT
New Delhi: The Income Tax department said Thursday it added 1.07 crore new taxpayers while the number of dropped filers’ came down to 25.22 lakh in 2017-18, showing the positive impact of demonetisation. Pramod More...
I-T dept attaches Lutyens bungalow worth Rs 208-cr in benami case against ex-UP engineer
New Delhi: The Income Tax department Wednesday attached a bungalow worth Rs 208 crore, belonging to a former UP government engineer, in the posh Lutyens zone of the national capital, officials said. File photo: More...
I-T Dept deploys surveillance teams in NE states for LS polls
Guwahati: The Income Tax Department has deployed surveillance teams and set up control rooms in seven north eastern states, to deal with any reported movement of unaccounted money ahead of the Lok Sabha elections More...
IT dept to attach 20 properties of Mayawati’s former aide Netram in disproportionate assets case: IT sources
New Delhi: The Income Tax (IT) department will attach around 20 properties of retired IAS officer Netram, a former secretary of BSP supremo Mayawati, in connection with a disproportionate assets case, IT sources More...
I-T dept searches premises linked to retired IAS officer who served as Mayawati’s secy
New Delhi: The Income Tax Department Tuesday searched a dozen properties in Delhi and Lucknow linked to a retired IAS officer of Uttar Pradesh cadre, who served in top positions during Mayawati’s chief ministership, More...
Link your PAN with bank for refunds: I-T to taxpayers
New Delhi: The Income Tax Department will “only” issue refunds via the e-mode into bank accounts of taxpayers beginning next month and they should link PAN with their accounts, the taxman said in its More...
I-T Dept to soon decide on startups to be exempt from angel tax
New Delhi: the Income Tax Department will soon decide on the kind of startups that can be exempted from angel tax, a top official said Thursday. CBDT Chairman Sushil Chandra said that they have received several More...
