Income Tax department

Income Tax department News

Our accounts dept staff raided by Income Tax, vendetta, claims Congress

Sources in the Congress said the house of Mathew Varghese, a cashier in the accounts department at 24, Akbar Road, in Chottanikkara in Kerala was among those raided on Saturday.

Karnataka: IT raids underway at Congress leader Parameshwara’s residence

Reacting to the raids, Parameshwara said, “Let the IT department go through all the documents and take any action if they find anything illegal."


Income Tax serves notices to Reliance First Family under Black Money Act

Responding to questions sent by The Indian Express on the notices and the key allegations, a Reliance spokesperson replied: “We deny all the contents of your email including receipt of any such notice.”

SC/ST employees complain of discrimination, I-T dept denies

At a press conference held in Ahmedabad Saturday by the SC/ST Uplift Union, where several aggrieved employees were present, a common issue that was raised was the rampant discrimination many of SC and ST employees face.

ITR filing: Here's how to check Income Tax refund status online

Income Tax (ITR) Refund Status Online 2019-20: Once the Income Tax is filed, the IT department will undertake a series of actions to process the ITR. If a refund is due, it informs the tax payee via SMS or email.

ITR filing: How long does it take to get an income tax refund online

Income Tax Return (ITR) Filing 2019-20 Refund Status Online: The Income Tax Department will “only” issue refunds via e-mode into bank accounts of taxpayers and they should link PAN with their accounts.


Income Tax Department raids residence of NCP leader Hasan Mushrif

The raids are being conducted at the senior leader's house in Kagal taluka of Kolhapur district, and at the Sarsenapati Santaji Ghorpade mill which is being managed by his family in the district.

74 Gujarat MLAs get I-T letters seeking asset info

More letters have been issued to MLAs from the BJP to determine “discrepancies” in their affidavits with regard to the I-T returns filed by them during the elections, official sources said.

I-T dept searches business, residential premises in Jammu and Kashmir

Sources attributed the ongoing IT raids to recently unearthed alleged irregularities into the affairs of Jammu Kashmir Bank.

CBDT directs I-T dept to share assets, accounts info of loan defaulters with banks

It said the order has been issued in public interest after a number of such requests were received by it from public sector banks (PSBs) seeking information of immovable assets of a loan defaulter to effect recovery from them.

Income Tax department Videos

Government Suspects Tax Evasion In Deposits In Banks Post Demonetisation

As it analyses bank deposits post-demonetisation, the government has found that an estimated Rs 3-4 lakh crore of tax-evaded income could have been deposited during 50-day window provided to get rid of junked Rs 500/1000 notes. A senior official said Income Tax Department has been asked to scrutinise details and send notices to depositors of […]