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Saturday, May 28, 2022

Income Tax department


Delhi: SDMC property tax collection at an all-time high of over Rs 1,000 crore

April 04, 2022 12:42 am

The SDMC was also able to raise Rs 917 crore as transfer duty, which is also the all-time highest, said officials.

Multi-crore heist case: Gurugram court allows I-T department to record accused’s statements

March 24, 2022 4:55 pm

The theft, reported on August 21, 2021, was initially suspected to be Rs 50 lakh. The police probe so far has found that on the intervening night of August 3 and 4, 2021, at least Rs 30 crore was stolen from the office-cum-flat of Alpha G, the complainant company.

I-T Appellate Tribunal refuses to stay tax demand against juice startup

February 17, 2022 2:51 am

The income tax (I-T) demand pertains to additions made by the department on issuance of shares by Raw Pressery to a few Mauritius-based companies and actor Jacqueline Fernandes at high premium, ranging from Rs 2,401 to Rs 2,786, on shares of Rs 100 each even as the company was making losses.

IT dept detects Rs 250 crore unaccounted cash transactions after raids on Neyveli based group

December 22, 2021 11:13 am

🔴 The searches were carried out on December 16, and 30 premises of the unidentified group, also engaged in real estate and finance business, in Neyveli (Cuddalore district), Coimbatore, Nilgiris and Chennai were covered.

IT dept detects multi-crore tax evasion after raids on 2 Tamil Nadu groups

December 08, 2021 10:57 am

🔴 The searches were carried out on December 1 at the showrooms of the unidentified groups in Chennai, Coimbatore, Madurai and Tirunelveli.

Income Tax Department detects Rs 500-crore black income after raids on Jaipur jewellery, gems group

December 01, 2021 4:43 pm

Around fifty premises were searched by the department during the raids launched on November 23.

IT dept detects Rs 400 crore black income after raids on two Delhi-NCR realty groups

November 24, 2021 12:45 pm

Certain instances of non-genuine claim of expenses by way of bogus purchases by connected parties from non-existent suppliers have also come to notice, the statement said.

Cane growers in a fix over I-T dept’s action on Jarandeshwar mill

November 05, 2021 8:23 am

Attachment of properties ‘linked’ to Deputy Chief Minister and NCP leader Ajit Pawar.

I-T moves to attach assets ‘linked’ to Ajit Pawar family

November 03, 2021 7:38 am

However, Pawar's lawyer said in a statement that no assets have been seized or any notice issued, and that the IT Department has only "sought clarifications on some issues".

Deshmukh arrest, assets linked to Ajit Pawar attached action politically motivated, to scare MVA leaders, say ruling allies

November 03, 2021 8:01 am

Deshmukh’s arrest is unfortunate... The man who has made the allegations against him has run away... An officer of his rank can leave the country only with the active connivance of central agencies...”— Sanjay Raut Shiv Sena MP