IT department unearths Rs 400 crore-dairy farming scam, searches over 30 premises in six cities
In a separate case, the IT department conducted searches at the premises of a real estate group in Mumbai and Navi Mumbai in connection with tax evasion on payments to the tune of Rs 300 crore.
Dec 02, 2021, 15:32 PM IST
Income Tax Dept raids Gujarat-based real estate group, unearths Rs 100 crore unaccounted income
The Income Tax Department raided over 20 premises of a Gujarat-based group engaged in the manufacturing of chemicals and the development of the real estate.
Nov 21, 2021, 16:08 PM IST
Rickshaw puller in Uttar Pradesh’s Mathura gets Income Tax notice for Rs 3 crore, claims fraud
A resident of Amar Colony in Mathura, submitted a complaint at the Highway police station, claiming fraud, after he received the notice from the IT department.
Oct 28, 2021, 10:09 AM IST
Tax Department issues refunds worth Rs 1,02,952 cr to 77.92 lakh taxpayers
CBDT has issued refunds of over Rs 1,02,952 crore to more than 77.92 lakh taxpayers.
Oct 27, 2021, 18:22 PM IST
Mammoth I-T raid on two real estate groups reveals Rs 184 crore unaccounted income
The Department further said that the suspicious flow of funds has taken place with the “involvement of an influential family of Maharashtra”.
Oct 15, 2021, 16:52 PM IST
Maharashtra Deputy CM Ajit Pawar confirms raids on his sisters' homes, says ‘central agencies are being misused’
"It is true IT has raided a few firms related to me. It is their right... I don’t know whether they were conducted for political purposes or they want more information as we have been paying taxes on time," said Ajit Pawar.
Oct 07, 2021, 13:54 PM IST
I-T officials raid residence of sugar mill Directors in Maharashtra
Income tax raids have been carried out by the Income Tax officials at the houses of the directors of private sugar factories in Pune district.
Oct 07, 2021, 11:52 AM IST
Income Tax Department Recruitment 2021: Last day to apply for Income Tax Inspector, Tax Assistant, Multi-Tasking Staff posts, check details
The interested candidates can apply for the positions by September 30, 2021.
Sep 30, 2021, 08:31 AM IST
Sonu Sood tax evasion case: Actor and his associates evaded Rs 20 cr tax, violated FCRA
"The total amount of tax evaded unearthed so far, amounts to more than Rs 20 crore," the statement and official sources said about Sonu Sood.
Sep 18, 2021, 14:01 PM IST
There is no statement from IT Dept on Sonu Sood's investigation so far, doubts over Sood Charity Foundation's funds
Sources said that the Income Tax Department on Wednesday raided the offices of actor Sonu Sood in Mumbai and a company linked to him in Lucknow. People from the IT department arrived at the actor's premises on Wednesday afternoon, who daily get hordes of people seeking help at his doorstep.
Sep 16, 2021, 20:12 PM IST
Cyber criminals emptying your account in the name of Income tax return!
A report by McAfee has revealed that cybercriminals have created Elibomi malware-less fake iMobile app to dupe the public in the name of submitting their IT returns. To download it, he has started the work of trapping unknown citizens in his trap through SMS.
Sep 10, 2021, 18:30 PM IST
VK Sasikala’s property in Chennai outskirts attached by Income Tax Department under Benami Act
Located in Payyanoor village, the property of VK Sasikala, the aide of former Tamil Nadu Chief Minister J Jayalalithaa, attached by the Income Tax department spans 3 acres and 52 cents.
Sep 08, 2021, 22:35 PM IST
CBDT allows taxpayers to file applications by September 30 for settlement of pending cases
To dispose of the pending settlement applications as of January 31, 2021, the government had constituted the Interim Board for Settlement. The taxpayers, in the pending cases, have the option to withdraw their applications within the specified time and intimate the assessing officer about such withdrawal.
Sep 08, 2021, 10:29 AM IST
New Income Tax Return Rule: Senior Citizens above 75 years exempted from ITR filing
They will now be exempted from filing the income tax returns (ITR) for fiscal year 2021-22.
Sep 06, 2021, 22:10 PM IST
CBDT refunds over Rs 45,000 crore to 21 lakh Indian taxpayers in ongoing fiscal
The Income Tax India posted, "CBDT issues refunds of over Rs. 45,896 crore to more than 21.32 lakh taxpayers between 1st April 2021 to 2nd August 2021. Income tax refunds of Rs. 13,694 crore have been issued in 20,12,802 cases & corporate tax refunds of Rs. 32,203 crore have been issued in 1,19,173 cases."
Aug 07, 2021, 18:28 PM IST
IT officials raid at 19 locations of Kanpur-based SNK Pan Masala maker, unearth Rs 100 crore fraud
The Kanpur-based tobacco manufacturer illegally routed the funds to its real business via 115 shell companies.
Jul 30, 2021, 16:36 PM IST
Looking to file Income Tax Return? Check all the precautions while filing ITR
The Finance Ministry had further extended the date of filing income tax returns for the Assessment Year 2021-22 by two months, i.e. postponed from July 31, 2021 to September 30, 2021.
Jul 30, 2021, 15:08 PM IST
Income Tax raids on Bharat Samachar reveals Rs 200 crore of unaccounted transactions
The IT department said that the group devised a complex strategy of earning “huge unaccounted income through the creation of sophisticated financial layers of dubious and bogus entities spread across multiple States, to route this unaccounted money back into the main businesses without paying any taxes”.
Jul 25, 2021, 11:22 AM IST
Dainik Bhaskar group evaded Rs 700 crore tax over six years: IT Department
The IT department searched 20 residential and 12 business premises spread over nine cities including Mumbai, Delhi, Bhopal, Indore, Noida and Ahmedabad on July 22.
Jul 25, 2021, 10:06 AM IST
Honest taxpayers deserve to be recognised for paying due share of taxes: Nirmala Sitharaman
In her message to the I-T Department on the 161st anniversary of Income Tax Day, Nirmala Sitharaman complimented the department for continuing to work towards simplifying its procedures and processes, and making its functioning hassle-free, fair and transparent.
Jul 24, 2021, 18:13 PM IST
