Tag archive for ‘Income Tax department’
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By Manish Sen On Thursday, April 4th, 2019
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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...

By Manish Sen On Wednesday, March 27th, 2019
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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...

By Manish Sen On Wednesday, March 20th, 2019
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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...

By Manish Sen On Tuesday, March 19th, 2019
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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...

By Manish Sen On Tuesday, March 12th, 2019
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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...

By Manish Sen On Thursday, February 28th, 2019
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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...

By Manish Sen On Thursday, February 7th, 2019
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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...

By Manish Sen On Sunday, January 6th, 2019
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CBDT directs taxman to maximise collection efforts as growth rate not satisfactory

New Delhi: With growth in direct tax collections sluggish, the CBDT has directed income tax department officials to “maximise” their efforts and conduct targeted surveys and file court cases against More...

By Manish Sen On Thursday, January 3rd, 2019
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CBI arrests Income Tax officer in bribery case

New Delhi: The CBI has arrested an Income Tax officer and two others for allegedly seeking Rs 50,000 from a person who had not filed his income tax returns, officials said Thursday. CBI has arrested an Income Tax More...

By Manish Sen On Thursday, January 3rd, 2019
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I-T dept grills Karnataka minister Shivakumar in tax evasion

Bengaluru: Senior Karnataka minister D K Shivakumar was Thursday grilled for about three hours by the Income Tax department for alleged tax evasion, officials said. Senior Karnataka minister D K Shivakumar was Thursday More...