income tax department

Lucknow, April 10 Samajwadi Party chief Akhilesh Yadav on Friday alleged irregularities in the Special Intensive Revision (SIR) of electoral rolls in Uttar Pradesh, accusing the BJP of "hiding behind institutions" when it faces electoral challenges.Yadav's remarks came during an interaction...

Lucknow, April 10 Uttar Pradesh BJP president and Union Minister Pankaj Chaudhary responded to Samajwadi Party (SP) chief Akhilesh Yadav on Friday, stating that his allegations regarding irregularities in the Special Intensive Revision (SIR) of electoral rolls are "completely baseless" and an...

Lucknow, April 10 Samajwadi Party chief Akhilesh Yadav on Friday accused the BJP of "hiding behind institutions" when it faces electoral challenges, alleging irregularities in the Special Intensive Revision (SIR) of electoral rolls in Uttar Pradesh.Yadav's remarks came during an interaction...

New Delhi, April 9 The Delhi High Court on Thursday upheld a trial court's order declaring UK-based arms consultant Sanjay Bhandari a "fugitive economic offender" in connection with a money laundering case."The appeal is dismissed," Justice Neena Bansal Krishna said.On July 5, 2025, the...

Jaipur, April 9 – A major financial fraud has come to light in Ajmer after the Income Tax Department issued a notice to a roadside clothes presser over transactions exceeding ₹598 crore linked to diamond trading.The presser, Jitendra Kumar, who operates an ironing cart in the Ramnagar area...

Kannur/ Malappuram (Kerala), April 6 Congress leader Priyanka Gandhi Vadra on Monday alleged that the CPI(M)-led LDF has struck a “secret deal” with the BJP to protect its leadership and remain in power, accusing both the state and the Centre of “compromising” and suppressing dissent...

Chennai, April 6 – The Madras High Court on Monday quashed the criminal prosecution initiated by the Income Tax Department against filmmaker Gautham Vasudev Menon, in connection with the alleged failure of a Chennai-based production company to file income tax returns.Justice G.K. Ilanthiraiyan...

Kannur (Kerala), April 6 Congress leader Priyanka Gandhi Vadra on Monday alleged that the CPI(M)-led LDF has struck a "secret deal" with the BJP for the April 9 Assembly polls in Kerala.She also accused both the state and the Centre of "suppressing dissent and targeting minorities"...

Kolkata, April 5 – Ahead of the West Bengal Assembly elections, the Kolkata Police and the Static Surveillance Team (SST) seized a large sum of unaccounted cash during a routine check operation in the Netaji Nagar Police Station area on Sunday.According to police, the seizure took place at...

Kolkata, April 5 Police recovered approximately ₹38 lakh in cash from a vehicle in the Tollygunje area of Kolkata on Sunday, officials said.The cash was seized from an SUV parked near Plywood House More on N S C Bose Road in the Netajinagar area, a senior Kolkata Police officer said.The...

Thiruvananthapuram/Kollam, April 2 Congress MP Priyanka Gandhi accused the ruling LDF in Kerala and Chief Minister Pinarayi Vijayan of being Prime Minister Narendra Modi's "B-team" and of secretly joining hands with the BJP, in a desperate attempt to remain in power in the state.Speaking at a...

Thiruvananthapuram, April 2 Congress MP Priyanka Gandhi on Thursday launched a scathing attack on Prime Minister Narendra Modi, accusing him of being a "coward" who handed over the country's energy security to the US and signed a trade deal that was "unfair" to farmers in order to protect...

New Delhi, Apr 1 The Income Tax Act, 2025, which came into effect on Wednesday, marks a new chapter in India's tax administration and is an important step towards Viksit Bharat, the Central Board of Direct Taxes (CBDT) said.The new Act replaced the six-decade-old Income Tax Act, 1961, and...

Kolkata, April 1 – The Income Tax Department has seized a large sum of foreign currency in Kolkata, an official said on Wednesday, adding that three individuals have been detained.A large sum of foreign currency – approximately ₹ five crore in Indian currency – was seized during a raid in the...

Shimla, March 31 Himachal Pradesh Chief Secretary Sanjay Gupta on Tuesday dismissed the allegations related to the Chester Hill housing project in Solan as baseless, asserting that the truth will prevail once the investigation is completed.Gupta was speaking at a press conference a day after...

New Delhi, March 31 The Income Tax Department has signed a record 219 Advance Pricing Agreements (APAs) with Indian taxpayers in the current fiscal year to enhance ease of doing business by providing tax certainty.This includes Unilateral APAs (UAPAs) and Bilateral APAs (BAPAs), the Central...

New Delhi, March 31 The Income Tax Department has signed a record 219 Advance Pricing Agreements (APAs) in the current fiscal year ending March 31.This brings the total number of APAs signed so far to 1,034."The CBDT has signed a record 219 Advance Pricing Agreements in FY 2025-26, the...

New Delhi, March 31 The state-owned Central Bank of India announced on Tuesday that it has received a demand notice of ₹296.08 crore from the Income Tax Department for a shortfall in tax payments for the fiscal year 2025."The bank has received an assessment order under Section 143(3) read with...

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...