India's income tax department has recovered ₹36,000 crore from outstanding tax demand in the current fiscal, including ₹27,000 crore from c...

Three dozen counting machines have been deployed by the tax department. Since the machines are of a limited capacity, the counting is progr...

“Many real estate deals are happening at distressed valuations, and at times deals are happening even below the stamp duty valuation rates,...

A senior official said the board has inputs that a number of these companies possibly indulged in tax crimes.

The taxman had swooped down on a dozen premises linked to 1979-batch Indian Administrative Service officer Net Ram.

The government, last year, had struck off over 2.26 lakh firms for engaging in illegal activities and as part of Modi government's drive ag...

Bhandari, against whom the department conducted searches in April last, is likely to be summoned for detailed questioning "as early as next...

The CBDT believes that the appeals for "restoration" of these firms are required to recover tax dues and "protect the legitimate interests ...

The Kanpur-based group is being probed by the CBI and the ED in connection with the alleged swindling of Rs 3,695 crore of loan funds.

The move assumes significance as startups in the recent past had flagged their grievances to the government regarding 'angel tax' provision...

ED said it has seized the properties "in lieu of undisclosed assets held abroad by him" and the action has been carried out under section 3...

Karnataka energy minister DK Shivakumar is in charge of looking after 44 MLAs from Gujarat who have been lodged at the resort after they la...

The tax sleuths also raided at least four premises of a former OSD of Noida Authority in Noida near here as part of its black money crack d...

The letter, accessed by PTI, said the arrear demand, as against the target of collecting Rs 53,983 crore, only Rs 29,811 crore has been col...

The department seized the alleged undisclosed assets, as part of its raids against black money hoarders post demonetisation, from the resid...

The taxman does not have claim over the bank overdraft facility of a defaulter since the lender does not owe money, but has promised a loan...

Companies with tax demands locked up in litigation can expect more visits from the revenue department this fiscal. The income-tax departmen...