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About 600 results for "income tax"

Gokulam Chit Fund evaded Rs 1,100-crore tax

The Income Tax Department has found that Chennai-based Sree Gokulam Chit Fund and Finance evaded tax for around Rs 1,100 crore. This was found during the searches, which were conducted for the last four days.Sources in the Department has confirmed that they ... Business Standard, 1 day ago

3,248 images for income tax, 4 days ago
Mathrubhumi, 5 days ago
Money Control, 2 weeks ago
MSN India, 4 days ago, 6 days ago
Money Today, 2 weeks ago
Business Standard, 2 weeks ago
Money Control, 2 weeks ago
Sify, 2 weeks ago
Money Control, 3 days ago

I-T department seeks Rs 30,000 cr penalty from Cairn for non-payment of tax

The Income Tax Act provides for penalties of 100 percent to 300 percent of the tax due, the official said, adding that the notice sent does not mention of the quantum of penalties the tax department is seeking. The post I-T department seeks Rs 30,000 cr ...
 First Post.com3 days ago I-T seeks Rs 30k cr penalty from Cairn for non-payment of tax  DNA3 days ago I-T seeks Rs 30,700 cr penalty from Cairn for non-payment of tax  Money Control3 days ago Cairn Energy gets Rs 10,000 crore notice from Income-Tax Department  Money Control2 weeks ago

Rs 10cr cash, 10kg gold found at UP babu's home

The income tax department on Thursday seized over Rs 10 crore in cash and about 10 kg of gold after it conducted searches at the Noida residence of a senior Uttar Pradesh bureaucrat, an official said. In a second action, the tax sleuths searched at least four premises of a former officer on special duty of Noida Authority Y P Tyagi in Noida near New Delhi as part of its crackdown against government servants on charges of alleged tax evasion, the official, who requested anonymity, said. The ...
 Rediff.com3 days ago I-T recovers Rs 10 cr cash, gold from UP officer's premises  DNA4 days ago

60,000 notices afoot as I-T spots Rs 10K cr black money

A specialised 'risk assessment wing' of the Income Tax Department has prepared a list of 60,000 people, including 1,300 so-called 'high-risk individuals', who are suspected to laundering about Rs 10,000 crore following the demonetization of high-value ...
 DNA1 week ago Coming soon: Operation Clean Money 2.0  Rediff.com3 days ago Undisclosed income of Rs 9,334 cr detected post note ban  Rediff.com1 week ago I-T dept launches 'Op Clean Money'-II; to probe 60,000 people  Business Standard1 week ago

I-T Dept raids on govt functionaries in UP, Uttarakhand

The Income Tax Department on Wednesday conducted raids at the residence and office of four government functionaries in Uttar Pradesh and Uttarakhand.
 DNA4 days ago UP government official's residence raided in Uttarakhand  DNA6 days ago Uttarakhand: IT raids at UP official's house in Dehradun  catchnews.com6 days ago

Three Tamil Nadu ministers booked for 'obstructing' Income Tax officers

Three Tamil Nadu ministers and two others were on Friday booked by police on charges of threatening and obstructing Income Tax officers from performing duties during searches, including at a minister's residence, here last week. An FIR has been filed against ...
 Zee News1 week ago 3 TN ministers booked for 'obstructing' I-T officers  Business Standard1 week ago Tamil Nadu: IT files complaint against ministers for obstructing raids at health minister's residence  catchnews.com1 week ago I-T department files complaint against AIADMK ministers for disrupting its work, criminal intimidation  India Today1 week ago

Making investment declarations? New income tax rules you should know

It is that time of the year when many of you would be giving your investment declarations for the year to your employer. Based on the investment declaration given by the employee in the beginning of the financial year, the employer deducts tax from the salary ...
 MSN India2 days ago

GST: Why small businesses may under-report income initially

Some may lose competitiveness due to higher compliance costs When the nationwide goods and service tax rolls out on July 1, it is likely that micro and small enterprises will under-report their yearly income. Firms might do so to stay in the Rs 20-50 lakh bracket so that a low tax rate of 1-2 per cent applies to them. Increased compliance under GST will benefit firms in the long run by providing them access to cheaper capital and lower input costs, in the short term, the switch from the ...
 Rediff.com3 days ago

IT raids four locations of retired Noida Authority OSD

The Noida income tax team on Thursday conducted raids at four different locations of retired Noida Authority Officer on Special Duty (OSD) Yashpal Tyagi.
 DNA4 days ago

Salary received in NRE a/c is not taxable

Overseas income of non residents is taxable in India, if "received" in India, according to the provisions of Income Tax Act
 DNA4 days ago
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