income tax department

Chennai, March 27 – A special CBI court in Chennai on Friday convicted and sentenced seven individuals, including a former senior tax assistant of the Income Tax Department, to four years of rigorous imprisonment along with a total fine of Rs 2.4 lakh in a tax refund fraud case, officials said...

New Delhi, March 27 NIIT Learning Systems Ltd (NIIT MTS), a corporate training solutions provider, has received a demand notice of ₹14.93 crore from the Income Tax Department for the assessment year 2023-24, according to a regulatory filing on Friday."The Assessment Unit of the Income Tax...

Jaipur, March 26 – A roadside potter who received a staggering tax notice of nearly Rs 9 crore from the Income Tax Department last year is once again in extreme distress, as the department has issued another staggering tax demand of nearly Rs 9 crore from the poor man, leaving his family in...

Mumbai, March 26 According to official documents, the Maharashtra government had sanctioned over Rs 1 crore for development works at a temple linked to the arrested self-proclaimed godman and rape accused, Ashok Kharat, in the Nashik district in 2018.The funds were approved on March 31, 2018...

A quarterly UT-level Joint Coordination Committee (JCC) meeting for Jammu and Kashmir and Ladakh was held in a hybrid format at the BSF Frontier Headquarters in Jammu to strengthen coordination between agencies in the areas of narcotics intelligence and enforcement.The meeting was chaired by...

Mumbai, March 24 The Special Investigation Team (SIT) investigating cases against self-proclaimed godman and rape accused Ashok Kharat has uncovered assets worth Rs 1,500 crore and 100 objectionable videos, a senior police official said on Tuesday.With the discovery expanding the scope of the...

New Delhi, March 23 The Income Tax department on Monday said its e-filing portal will facilitate compliance under the old and Income Tax Acts, and all assessments, appeals, and other proceedings relating to earlier years will continue to be conducted under the old Act until their final...

New Delhi, March 23 The income tax department has imposed a tax of ₹4,009.64 crore on undisclosed foreign income and assets under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax, 2015, over the nine months of the current fiscal year until December 2025.During the...

In New Delhi, on March 20, Nirmala Sitharaman emphasized that taxpayers are not adversaries and urged income tax officers to simplify compliance for honest taxpayers while leveraging technology to combat willful tax evasion.Addressing the "PRARAMBH 2026: Nationwide Awareness Campaign on the...

Observers appointed by the Election Commission reviewed the preparations for the Puducherry Assembly elections at a meeting held at the District Collectorate yesterday. General and Expenditure Observers, along with election officials, police officers, and coordination officers, participated in...

New Delhi, March 18 Edtech firm Physicswallah has received a notice from the Income Tax Department demanding Rs 263.34 crore for the assessment year 2023-24.The demand was raised after the Income Tax Department treated the funds received by the company from investors, including funds from...

Chennai, March 18 – The Income Tax (I-T) Department informed the Madras High Court on Wednesday that it had initiated an independent investigation into allegations of income suppression, misrepresentation, and unlawful enrichment against K. Navas Kani, a Member of Parliament from Ramanathapuram...

Bangalore, March 18 A 59-year-old man was arrested for allegedly defrauding an Income Tax department official by posing as a "parrot astrologer" and promising career growth and a better life through rituals, police said on Wednesday.Following the arrest of the accused astrologer, Shekar...

Chennai, March 18 – The Election Commission of India (ECI) has seized unaccounted cash and goods worth ₹23.28 crore across Tamil Nadu in just two days, as intensified surveillance measures come into effect ahead of the Assembly elections.According to a statement issued by Chief Electoral...

Guwahati, March 17 The Income Tax department has established a 24-hour control room in Assam to monitor the use of illicit funds during the upcoming state assembly elections, an official statement said on Tuesday.It urged citizens to contact the control room with any credible information...

New Delhi, March 15 A parliamentary panel has asked the income tax department to set up an 'Expert Litigation Committee' to review tax dispute cases before filing appeals in the High Courts or the Supreme Court, and has called for a "paradigm shift" in the department's approach to litigation...

Jaipur, March 13 – The Rajasthan Cricket Association (RCA) has sparked a fresh controversy after applying for registration as a public trust with the state’s Devasthan Department, with the Opposition questioning the timing and legality of the move.According to documents submitted to the...

New Delhi, March 12 A parliamentary panel on Thursday asked the Income Tax department to conduct "rigorous stress and load testing" of its e-filing portal and the entire IT infrastructure to ensure that there are no glitches when the new Act comes into effect from April 1.The Income Tax...

New Delhi, March 9 The Income-Tax Department has detected under-reporting of sales worth Rs 408 crore after it conducted a nationwide survey of restaurants on charges of tax evasion, the CBDT said on Monday.Following the action of visiting their business premises on Sunday, the taxman is now...

New Delhi, March 5 The Central Information Commission (CIC) has advised the Income Tax Department to "establish a taxpayer-friendly mechanism", highlighting that taxpayers are often forced to "run around" in order to resolve their grievances.This observation came in an order passed by...