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About 1340 results for "income tax department"

I-T dept to send 7 lakh notices to people who made big transactions without quoting PAN

I-T dept targets 7 lakh big transactions

The Income Tax department will issue seven lakh letters seeking information on high-value transactions with no PAN link. Of these, two lakh are from Karnataka and Goa Region, Nutan Wodeyar, Chief Commissioner of Income Tax, Bengaluru, said. The I-T department ... Deccan Herald, 11 hours ago

495 images for income tax department

Deccan Chronicle, 1 day ago, 3 days ago
Siasat Daily, 1 day ago
Deccan Chronicle, 1 week ago
Times of India, 1 week ago
Deccan Chronicle, 1 week ago
Financial Express, 1 week ago
Indian Express, 6 days ago
Indian Express, 1 day ago, 2 weeks ago

Revenue department, IRS officers at loggerheads

Formal resolution against revenue secretary for disciplinary rap on Income Tax officer; department livid and Jaitley issues warning on breach of conduct rules
 Business Standard11 hours ago Arun Jaitley warns income tax officials of disciplinary actions; calls it an 'act of insubordination'  First Post.com18 hours ago Jaitley warns I-T officials of action for 'insubordination'  Prokerala19 hours ago Finance Ministry warns tax officials on resolution against revenue dept  Asian Age19 hours ago

Income-tax dept to set up counters for salaried, pensioners at Bengaluru

The Income-tax Department, Bengaluru, is to set up special counters to receive the returns of income from salaried employees and pensioners in Bengaluru city. The Income-Tax Department has made arrangements at Gayatri Vihar, Palace Grounds, Bengaluru. These ...
 Business Line20 hours ago I-T department sets up special counters to file tax returns  The Hindu1 day ago Is it mandatory to file income tax returns?  Value Research Online1 day ago Now You Can File Your IT Returns At Palace Grounds  One India23 hours ago

Now, I-T raids AAP MLA house

Kartar Singh Tanwar Income - tax (IT) department sleuths on Wednesday raided the premises of AAP MLA Kartar Singh Tanwar’s residence on charges of alleged tax evasion. I-T officials carried out searches on three premises of the Chhatarpur MLA in the ...
 Asian Age1 day ago I-T raids AAP MLA's farmhouse, other properties  Deccan Herald1 day ago IT raid on AAP MLA's premises for alleged tax evasion  Business Standard1 day ago Another AAP MLA in the soup after IT raids  Rediff.com1 day ago

I-T raids at D.Y. Patil campuses

The Income Tax department on Wednesday conducted raids at various premises of the D.Y. Patil Education Society all over the State. Officials said that documents pertaining to income tax payment were seized by the I-T teams. According to sources, the raids ...
 The Hindu1 day ago I-T dept conducts searches at DY Patil Group's educational  Business Standard1 day ago

Govt fixes December 31 deadline for retro tax settlement scheme

(Representational Image) The government had asked Income Tax Department not to take any coercive action during the time the scheme is open. New Delhi: Government has fixed December 31, 2016 as the deadline for companies like Vodafone and Cairn Energy Plc to ...
 Asian Age1 day ago
The Telegraph

Black money fight intensifies

The income tax department has identified 90 lakh high-value transactions carried out without quoting PAN and would issue as many as seven lakh letters for details. "The department has details of about 90 lakh such transactions between 2009-10 and 2016-17," a ...
 The Telegraph1 week ago Income Tax department looks at 14 lakh high-value transactions made without PAN  India Today1 week ago Tax dept identifies 90 lakh high-value deals; to seek details  Business Standard1 week ago 14 lakh high value non-PAN transactions being scrutinised: I-T  Prokerala1 week ago

Declaring undisclosed income? Follow these rules

NEW DELHI: The income-tax department has said the tax payment for unaccounted assets declared under the black money scheme cannot be made out of any undisclosed income, making it clear that the money used to pay tax must be white. A tax payer will ...
 Economic Times2 weeks ago Make use of the black money window to declare unassessed income: Jaitley  Hindu Business Line2 weeks ago I-T Dept clarifies on income declaration scheme  News Today2 weeks ago No government immunity for those paying tax from from undeclared income  Economic Times2 weeks ago

Didn't quote PAN with big transactions? Here's help!

Remember, the onus is on you to prove that income has been declared and tax has been paid With the Income-Tax Department planning to issue 700,000 letters to individuals who have done high-value transactions without declaring their Permanent Account Number, many individuals may face scrutiny. The I-T department has zeroed in on transactions which included cash deposits of over Rs 10 lakh (Rs 1 million) in a bank account and sale or purchase of immovable property of Rs 30 lakh (Rs 3 million) or ...
 Rediff.com2 days ago

Retain copies before giving documents to CBI: Govt to depts

All central government departments have been asked to retain copies of documents before handing them over to Income Tax department and investigating agencies like CBI. Besides, they have been asked to obtain certified copies of officials documents ...
 Business Standard3 days ago
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