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I-T department News

Central Bureau of Investigation

09 Jul 2022

CBI and I-T raid former NBCC officer's house in Noida

CBI and the Income Tax Department are conducting raids at the house of former NBCC officer D.K. Mittal in connection with the Prevention of Corruption Act.

Income Tax Raid

02 Feb 2022

Income tax team recovers Rs 5.77cr from ex-IPS officer's residence in Noida

The Income-tax department has recovered around Rs 5.77 crore cash It raided the premises linked to a retired IPS officer in Noida The I-T sleuths have recovered Rs 5.77 crore in cash during the search operations

Income Tax department

09 Jan 2022

I-T dept finds Rs 1 cr hidden in water container during raids on trader's home

The raid continued for 39 hours.

Income Tax department

29 May 2021

New e-filing portal to be mobile friendly, have user manuals, videos

Giving the salient features of the "e-filing 2.0 portal", the I-T Department said there will be a "all new mobile app" and taxpayers will have a step-by-step guidance with user manuals and videos. Besides, multiple options for on-portal tax payments, multiple options for login, helpdesk support and chatbot are the features in the portal. The e-filing portal is used by the taxpayers to file their income tax returns (ITRs) and also to raise complaints seeking refunds.

Lok Sabha elections 2019

16 Apr 2019

I-T Department conducts raids at residence of DMK's Kanimozhi

Just two days before the Lok Sabha election in Tamil Nadu, the Income Tax Department, along with Election Commission's static surveillance team, carried out a joint search at the Thoothukudi residence of DMK leader K Kanimozhi on Tuesday. Watch this video to know more.

Lok Sabha election 2019

09 Apr 2019

Election Breaking: I-T department detects Rs 281 cr racket of slush funds, seizes cash

The Central Board of Direct Taxes (CBDT) stated that the money trail led them to the house of a senior functionary of a political party living at Tughlaq Road. Watch this video to know more.

Lok Sabha election 2019

09 Apr 2019

I-T department detects Rs 281 cr racket of slush funds, seizes cash

The Central Board of Direct Taxes (CBDT) stated that the money trail led them to the house of a senior functionary of a political party living at Tughlaq Road. Watch this video to know more.

14 Mar 2019

Netram raided by I-T department over tax evasions worth Rs 100 crores

The IT department conducted raids at 12 locations in Kolkata, Lucknow, and Delhi in connection with misappropriation of funds by former IAS officer and Uttar Pradesh principal secretary Netram during Mayawati's tenure.

24 Jun 2018

I-T department writes to Walmart, Flipkart on tax liability

Walmart runs 21 Best Price wholesale stores in India that sell everything from fast-moving consumer goods to furniture to other retailers and institutions.

I-T dept defaulters list

29 Mar 2018

Income Tax Dept names and shames 24 defaulters owing Rs 490 crore in taxes

The notice, issued by a nodal office of the Principal Director General of Income Tax in Delhi, "advised" the named defaulters to pay their tax arrears immediately.

Navjot Singh Sidhu

29 Mar 2018

I-T Department seizes two bank accounts of Punjab minister Navjot Singh Sidhu

For failing to present bills of expenditure shown in his tax returns filed for FY15, which has dues amounting to over Rs 52 lakh against Sidhu.

direct tax collection

09 Feb 2018

Direct tax kitty grows 19% to Rs 6.95 lakh crore in Apr-Jan period

Collections for Corporate Income Tax showed a growth of 19.2% and that for Personal Income Tax came at 18.6%.

25 Dec 2017

Just over 2 crore Indians paid income tax in 2015-16: Official data

Only 1.7 percent of the total population paid income tax in the assessment year (AY) 2015-16.

27 Nov 2017

AAP gets notice from Income Tax Department, asked to explain discrepancies in donations

AAP has been asked to explain discrepancies in donations by December 7 I-T notice says AAP has not disclosed donations worth Rs 13 cr Notice comes just after AAP's 5-year celebration

14 Nov 2017

Benami assets: I-T dept scanning profiles of property registered over Rs 30 lakh

The Income Tax Department started initiating actions under the new Benami Transactions (Prohibition) Amendment Act, 2016 from November 1 last year.

19 Sep 2017

Companies may have to furnish Apr-Sept income estimates to I-T dept

The Central Board of Direct Taxes (CBDT) has come out with a draft notification seeking stakeholders' comment on filing of Form 28AA by giving details of income and advance taxes paid.

SEBI shell companies

17 Sep 2017

Sebi board to take stock of suspected shell cos on Monday

Those under scanner include over 300 listed companies as also hundreds of unlisted entities and individuals, suspected to be misusing the stock exchange platform for tax evasion, among other wrongdoings, a senior official said.

India Sluggish TDS

14 Sep 2017

Sluggish TDS growth: CBDT asks I-T dept to take urgent steps

CBDT Chairman Sushil Chandra has issued a stern directive to all the field offices of the Income Tax Department in this context and has sought an action taken report in less than a month's time.

Shell companies

14 Sep 2017

Crackdown on shell companies: Tax dept, MCA to share PAN, audit reports

The MCA is in the process of cancelling the registration of 2.09 lakh companies that have not been carrying out business activities for a long period.

30 Aug 2017

GST will also impact direct tax collection: Arun Jaitley

The Finance Minister said that even before GST was rolled out, the impact of demonetisation has expanded the number of assessees under the personal income tax.

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