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Monday, July 13, 2020

Income tax (I-T) department


I-T says stamp duty evasion by family of EC Ashok Lavasa

December 27, 2019 11:19 am

The IT Department has flagged “discrepancies” between the income tax returns of Novel Lavasa for the financial year 2017-18 and registered transfer deeds of the Gurgaon property to Haryana’s Additional Chief Secretary and Financial Commissioner.

In hawala probe, I-T notice to Congress for funds from Hyderabad firm

December 04, 2019 4:49 am

Officials said the notice was sent as part of the post-search verification following multiple raids conducted in Delhi, Mumbai and Hyderabad last month.

Rs 5 crore cash seized in I-T raids against former Karnataka Dy CM, senior Congress leaders

October 11, 2019 9:45 pm

"The I-T raids on Dr Parameshwara, RL Jalappa and others are politically motivated with mala fide intention. They are only targeting Congress leaders,” former chief minister Siddaramaiah said.

Info on overseas black money confidential, share with ED, CBI only after permission: CBDT to I-T dept

September 19, 2019 5:32 pm

The directive issued by the tax board has also asked the I-T department to guard against the disclosure of such matters as they are "serious" in nature.

Last date to file Income Tax Return may be extended. Here's what we know

July 25, 2019 7:16 pm

The reason for the supposed extension is the problems faced by people due to the change in the format of filing tax returns and the tax deducted at the source (TDS) certificates issued by employers.

Rs 9 crore in cash seized from premises linked to DMK veteran: I-T officials

April 02, 2019 2:38 am

The raids were conducted under the supervision of Madhu Mahajan (retired IRS officer of 1982 batch), who is the Election Commission’s Special Observer assigned to oversee election expenditure in Tamil Nadu and Karnataka.

I-T dept releases Coffee Day's MindTree shares; attaches VG Siddhartha's partial stake in Coffee Day

February 14, 2019 3:16 pm

Last month, Income Tax Department had attached 74.90 lakh shares of Mindtree, in which 22.20 lakh shares belonged to Coffee Day Enterprises and 52.70 lakh shares belonged to its promoter Siddhartha.

Tax evasion: I-T department raids 74 locations across Tamil Nadu

January 29, 2019 2:35 pm

The raid has been carried following a complaint on tax excavation and hoarding of unaccounted money.

IT raids Kannada actors, popular food joints in Tamil Nadu

January 03, 2019 3:27 pm

They said the raids are being carried out at 32 locations of companies like Saravana Bhavan, Hot Bread, Anjappal and Grand Sweets.

Raids in Delhi: I-T dept unearths Rs 215-crore undisclosed cash transactions

May 23, 2018 2:00 am

The department is now scrutinising the list of the wealthy and high-net worth individuals who were investing their black money into these land and farmhouse investments near the Yamuna floodplains in the national capital region.