Tag archive for ‘Income tax’
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By Manish Sen On Wednesday, March 20th, 2019
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Mayawati’s ex-Secy, Retd IAS officer Netram’s Rs 225 crore properties attached in DA case

New Delhi: The Income Tax Department has attached assets worth Rs 225 crore of retired IAS officer Netram, a former secretary of BSP supremo Mayawati, in connection with a disproportionate assets case. BSP supremo 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 Friday, March 8th, 2019
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AAP MLA Naresh Balyan detained in property case

New Delhi: Aam Aadmi Party (AAP) MLA Naresh Balyan has been detained by the Income Tax Department sleuths for questioning after their team surveying a builder here on Friday found over Rs 2 crore cash allegedly More...

By Manish Sen On Wednesday, February 27th, 2019
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Panel to overhaul Direct Tax law seeks 3 months extension

New Delhi: The task force set up to draft a new direct tax law to replace the existing Income Tax Act has sought 2-3 months extension from Finance Minister Arun Jaitley to submit its report. Finance Minister Arun More...

By Manish Sen On Monday, February 11th, 2019
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I-T sleuths unearth Rs 20,000-crore hawala racket in Delhi

New Delhi: The Income Tax Department on Monday claimed to have busted a nexus of hawala operators who were running a money laundering racket in the national capital estimated to be worth Rs 20,000 crore. Representative More...

By Ila Choudhary On Friday, February 1st, 2019
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Govt doubles tax exemption limit to Rs 5 lakh

New Delhi: In a major relief to the middle-class, Finance Minister Piyush Goyal Friday proposed to double the threshold tax exemption limit to Rs 5 lakh and increased the standard deduction to Rs 50,000 from Rs More...

By Manish Sen On Saturday, January 19th, 2019
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I-T dept to issue notice for cash transaction above Rs 20,000 in property purchase

New Delh: Be ready to receive the I-T department’s notice if you have made above Rs 20,000 cash transaction in a property purchase in Delhi. I-T department will be sent notices to both the seller and the purchaser More...

By Manish Sen On Monday, January 7th, 2019
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IT employees’ federation’s Ghaziabad unit to join 2-day strike

Ghaziabad: The Income Tax Employees’ Federation of Ghaziabad region will join the nationwide two-days general strike on January 8 and 9. Representative Image The nationwide strike has been called to press More...

By Manish Sen On Monday, December 10th, 2018
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IT inspector arrested for accepting bribe in Rajasthan

Jaipur: An income tax inspector was arrested here on Monday after he was caught red-handed accepting a bribe of Rs 40,000, a Central Bureau of Investigation (CBI) official said. CBI today arrested IT inspector Abhishek More...

By Manish Sen On Wednesday, December 5th, 2018
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I-T dept working on pre-filled income tax return forms: CBDT chief

New Delhi: Income tax payers will soon get pre-filled ITR forms that will make the process of filing returns easier, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra has said. “Income tax payers More...