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Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...- I-T dept to share data with Food Ministry to weed out ineligible PMGKAY beneficiariesThe income tax department will collaborate with the Food Ministry to eliminate ineligible beneficiaries of the Pradhan Mantri Garib Kalyan ...
- German cache lands on I-T browser; data on over 1,000 Indians with Gulf homes sentGermany has provided India with a massive amount of data on properties in the UAE owned by Indians, potentially leading to tax evasion inve...
- CBDT allows CCIT rank officials to condone delay in ITR filing for Co-operative Societies"CCIT/DGIT are required to admit all pending and new applications and decide them on merits, in accordance with the law where such a person...
- I-T surveys to be conducted only by investigation wing, TDS directorate: CBDTIn an order, the CBDT said officers in Directorate General of Income Tax (DGIT) (Investigation) and Principal Commissioner of I-T/Chief Com...
- Income Tax nets Rs 5,259 crore in Karnataka raidsKarnataka and Goa region, which is 3rd-highest contributor of I-T revenue in the country after Mumbai and Delhi, is all set to cross Rs 1 l...
- From July 1, PAN must be linked to AadhaarThe Finance Act for 2017-18 had made Aadhaar mandatory for filing income tax returns and provided for linking of PAN with Aadhaar
- Tax offices to display CBI contact numbers to check corruptionThe move is in line with the government's plans to end harassment of tax payers in tax offices and root out corruption.
- Chartered accountants with close ties to I-T official under CBI lensThe CBI gathered that one of the arrested CAs had used his connections with Jandhyala to influence the I-T investigation related to a Rs 55...
- Coal scam case: NGO seeks probe into CBI director Ranjit Sinha and meat exporter Moin Qureshi linkThe probe seeks to know alleged link between Ranjit Sinha & Moin Qureshi, who appeared to have visited former's residence 90 times in last ...
- Niira Radia's tapes: Fresh application in SC for further probeAn application has been filed in the apex court urging it to take on record reports of SFIO which after examining Radia's tapped conversati...
- Blanket ban on tax evasion cases info is not best policy: CICBlanket ban on records related to tax evasion cases is not the "best policy" adopted by the investigation wing of the Income Tax department.
- ITR-CPC becomes first ISO 15489 compliant organisation in AsiaIT Department's Centralised Processing Centre has been certified for compliance by British Standards Institution for record management.
- 'Mandatory norms needed to get information from MNCs'The government needs to put in place norms that make it mandatory for multi-national companies to provide information.
- Advisory Group on Taxation and Transfer Pricing set upThe government today announced setting up an Advisory Group on International Taxation and Transfer Pricing to be headed by Revenue Secretar...
- Decision on filing review petition in Vodafone tax case by weekendThe Finance Ministry has earlier constituted a 10-member 'core committee' comprising senior officials of the tax department to study the Su...
- Disclosure of unaccounted money in Gujarat jumps to Rs 950 crThe disclosure of unaccounted wealth during Income Tax searches in FY10-11 in Gujarat stood at Rs 950.54 cr against Rs 576.51 cr last year,...
- Radia's conversation with Tata can't be retrieved: Govt tells SCFinmin was directed to intercept Radia's phones on allegations that she was indulging in anti-national activities.
- SC notice on spectrum allocation deepens Raja’s woesThe Supreme Court on Monday issued a notice to telecoms minister A Raja giving him 10 days to respond to allegations that mobile telephony ...
- Returns of foreign cos claiming big refunds to come under I-T scannerThe I-T department wants to target foreign companies NRIs claiming hefty refunds. For the first time, it has decided to bring tax returns f...
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