Searched for
INCOME TAX DEPT
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix this- Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him relief
- Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claim
- Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...14 May, 2026, 12.52 PM IST
- 'Clarified my statement in Chennai': Mallikarjun Kharge on 'terrorist' remark against PM ModiCongress President Mallikarjun Kharge on Wednesday addressed the ongoing controversy regarding his recent remarks against Prime Minister Na...22 Apr, 2026, 03.27 PM IST
- Income Tax Dept tightens disclosure norms under presumptive taxation schemeStarting from the assessment year 2026-27, a new mandate will compel taxpayers utilizing the presumptive taxation system to reveal their ba...15 Apr, 2026, 12.40 AM IST
- Taxpayer deposits Rs 20 lakh in NRE bank account, skips ITR; income tax dept issues notice but he wins in Gujarat High Court for this reasonAn Indian expatriate successfully challenged an income tax notice for Rs 20 lakh deposited in his NRE account. The Gujarat High Court ruled...09 Oct, 2025, 09.05 AM IST
- 53% interest to be paid by Income Tax dept to an individual’s tax refund of Rs 6.42 lakh; Delhi High Court orderThe Delhi High Court has ordered the Income Tax Department to pay Mr. Goel Rs 3.55 lakh in interest on a Rs 6.42 lakh tax refund. This sign...08 Oct, 2025, 07.53 AM IST
- CBDT extends deadline for registration by charitable, religious trusts till Sept 30The Central Board of Direct Taxes (CBDT) in a circular said the due date for furnishing the application by the charitable or religious trus...24 May, 2023, 10.19 PM IST
- Vodafone retro tax case: All you need to knowIn 2012, Indian govt amended the Income Tax Act retrospectively.25 Dec, 2020, 09.02 AM IST
- I-T dept unearths tax evasion and unexplained investments amounting to Rs 50 cr in J-KThe operation conducted on a prominent hotelier led to seizure of incriminating documents showing unexplained investments in immovable prop...17 Sep, 2020, 03.17 PM IST
- Jet Airways may have evaded taxes worth Rs 650 cr: Income Tax deptI-T officials said the matter came to light five months ago when they carried out a survey on Jet Airways.26 Feb, 2019, 08.45 AM IST
- Income Tax department detects Rs 13,715 crore undisclosed income last fiscalLast fiscal, the income tax department conducted searches at 5,102 premises of 1,152 groups during which undisclosed income of Rs 15,496 cr...08 Aug, 2017, 08.11 PM IST
- U'khand jeweller gets 2-year jail for hiding Swiss bank accountI-T department had received a written complaint in 2012 which claimed that Verma had a personal account in HSBC's Geneva branch in Switzerl...19 Apr, 2017, 01.15 PM IST
- Nokia tax case: HC defers hearing on plea of Income Tax deptThe Delhi High Court today deferred the hearing to January 20 on the pleas of Income Tax department seeking "directions/clarifications" on ...17 Jan, 2014, 08.49 PM IST
- Over 4,600 public grievances pending with Income Tax departmentMore than 4,600 public grievances are pending with the Income Tax department, the government said today.30 Aug, 2012, 04.02 PM IST
- Vodafone tax case: Income-Tax dept files review petition in SCThe I-T dept has sought the review on the grounds the judgement on the Vodafone tax case suffered from errors and failed to consider its su...18 Feb, 2012, 11.32 AM IST
- Income Tax department unearths Rs 15.5 crore tax evasion by private firmTax evasion to the tune of Rs 15.5 crore has been unearthed during an I-T raid at the offices of a city-based private firm, officials said ...22 Sep, 2011, 04.58 PM IST
- Income tax dept to open 10 overseas I-T unitsThe Income Tax Department has begun opening overseas tax units in countries with low tax.14 Dec, 2010, 07.41 PM IST
- Tax officials on month-long strike on outsourcing contract to InfosysAn outsourcing contract to Infosys, has resulted in an unexpected reprieve for those with income to hide.Irked by the contract, officials o...26 Aug, 2010, 05.46 AM IST
Load More
