Tuesday, April 16, 2024

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Income Tax Department

Government junks report by IRS officials that suggested tax hike, orders probe against concerned officers for violation of code of conduct

As per the 43-page report, the Government can earn up to ₹18,000 crores by implementing the suggested proposals.

NDTV claims it ‘won’ the undisclosed income case in Supreme Court, but troubles are not over for them: Here is how

The Supreme Court quashed the case against NDTV on technical grounds, allowing I-T dept to proceed under proper sections of I-T Act

Priyanka selling Rajiv Gandhi painting to Yes Bank’s Rana Kapoor could be ‘proceeds of crime’, says ED

Indian Express has also cited ED officials as saying that Priyanka could be summoned for questioning over the sale of the MF Hussain painting of her father the former PM Rajiv Gandhi to the Yes Bank founder after the current summons of major debtors and industrialists are over.

Income Tax Department clarifies that PM Narendra Modi was correct when he said only 1.5 crore people pay income tax

To dispel false allegations against PM, the Income Tax department has clarified that only 1.5 crore people paid income tax

Tax Evasion Case: Madras HC judge who worked as a lawyer for Karti Chidambaram‘s law firm agrees to step aside

Madras HC Justice Samanth had previously worked as a lawyer for Karti Chidambaram’s firm Advantage Strategic Consulting Pvt Ltd.

I-T dept issues show cause notice to Congress over Rs 175 crores black money allegedly received through Hawala

Congress allegedly received unaccounted money as donation from Hyderabad-based infrastructure company through hawala.

Crackdown against corruption: Centre orders compulsory retirement for 21 tainted tax officials

21 Income tax officers facing charges of corruption and bribery have been sacked by the central government.

DK Shivakumar has hit a triple century, has acquired 300 properties with disproportionate funds: ED tells court

Pleading to the court for granting bail, Shivakumar's lawyer and Congress leader Abhishek Manu Singhvi stated that the former Karnataka minister has already spent 45 days inside the jail.

Read the details of Enforcement Directorate’s case against Congress leader D K Shivakumar

Unaccounted cash worth Rs.8.59 crore was found in flats belonging to Shivakumar in Delhi

Income Tax department dismisses rumours of another extension of due date for Tax filling

The CBDT had already provided an extension to the filing of Income Tax returns by one month and declared August 31, 2019, as the due date for submitting the returns.

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