I T

  • CBI working with 'crazy logic', ignoring facts: former SEBI chief 19-03-2014 01:51 PM

    Mumbai: Hitting back at the CBI for launching an enquiry against him on the basis of an I-T probe that has already been disposed of, former SEBI chief CB Bhave has said that the agency was working with a "crazy logic" and has ignored the fact that the tax department...
  • Monitor illegal flow of money, liquor in Delhi: EC 10-03-2014 11:53 PM

    New Delhi: The Election Commission (EC) on Monday directed the excise and the income-tax departments to strictly monitor the flow of illegal alcohol and flow of money in the national capital prior to the Lok Sabha polls. Delhi's seven constituencies go to polls on April 10. In a clear instruction,...
  • I-T dept puts stringent rules for allotment of new PAN cards 29-01-2014 07:46 AM

    Mumbai: The I-T department has put in stricter rules to curb misuse of PAN card. It has notified new procedures for verifying personal and proprietary data of an individual or entity for allotment of new PAN cards. Stringent proof of identity will be required from now on. It will also...
  • Rs 13 lakh recovered in EC, I-T raid on ex-legislator 16-10-2013 11:18 AM

    Jaipur: In a joint operation here ahead of the December 1 polls in Rajasthan, Income Tax, Collectorate and Election Commission officials today found over Rs 13 lakh in cash in possession of a former MP. Responding to an anonymous tip-off received by election officials, the joint team surveyed the hotel...
  • Last date for filing income tax returns extended to August 5 31-07-2013 02:20 PM

    New Delhi: The government on Wednesday extended the last date for filing of income tax returns by five days to August 5. The due date, which was Wednesday, has been extended in wake of "unprecedented surge" in number of I-T returns being filed electronically. "As a measure of taxpayers convenience,...
  • I-T dept issues notices to ICICI, Axis, HDFC banks 28-05-2013 09:59 PM

    New Delhi: Income Tax department has issued notices to three top private lenders in the country - ICICI Bank, Axis Bank and HDFC Bank - in connection with alleged money laundering charges levelled by online portal Cobrapost. The department has asked these banks to produce documents for verification as part...
  • Chidambaram to meet top I-T brass later in May 19-05-2013 09:55 AM

    New Delhi: Finance Minister P Chidambaram will inaugurate a two-day conference of top Income Tax department and CBDT officers later this month in the national capital and discuss efforts to maximise revenue collection. The annual conference of Chief Commissioners and Directors General of the I-T department will be held on...
  • Karnataka polls: I-T dept raids JDS MLA's premises 03-05-2013 01:16 PM

    Bangalore: The Income Tax department has conducted searches on the premises of Janata Dal Secular candidate and former minister A Krishnappa and seized Rs 2.6 crore in cash, besides jewellery worth Rs 1.88 crore. "Rs 2.65 crore has been seized from the premises of A Krishnappa, an MLA after I-T...
  • Ekta Kapoor's Balaji Telefilms owes Rs 30 cr to I-T dept 03-05-2013 01:00 PM

    Mumbai: Film and television producer Ekta Kapoor's production house Balaji Telefilms evaded tax to the tune of Rs 30 crore by inflating bills, said the Income Tax Department sources on Friday. Ekta has, however, now agreed to pay the remaining amount, added the sources. I-T officials had conducted raids at...
  • Graft charges may hit BJP chief Gadkari's 2nd term hopes 25-10-2012 08:11 PM

    New Delhi: As more details of the web of shell companies associated with Bharatiya Janata Party (BJP) president Nitin Gadkari's Purti Group emerged, the Income Tax department swung into action. Sources in the I-T department confirmed they were probing the source of funds of the 18 odd companies that are...
  • I-T department probe Pune franchise 23-05-2012 12:23 PM

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  • Madhu Koda asked to pay Rs 1,200 cr tax 03-01-2012 10:30 AM

    New Delhi: Former Jharkhand chief minister Madhu Koda has been slapped a Rs 1,200 crore recovery notice by the Income Tax department. The assessment wing of the I-T department found that Koda amassed assets worth of Rs 3,300 crore. Koda has been asked to pay up the amount within a...
  • It's not proper to target people: Anna Hazare 04-09-2011 08:27 PM

    Anna Hazare has spoken out defending members of his team who have been slapped with privilege motions and I-T notices. ...
  • Kejriwal was issued notices even in 2007, 2008 03-09-2011 06:11 PM

    New Delhi: Team Anna has slammed the timing of the Income Tax department notices to one of its top members, Arvind Kejriwal, asking him to pay his dues but similar notices were issued to him in 2007 and 2008 too. Kejriwal, who is in the midst of a controversy over...
  • I-T dept asks Kejriwal to pay dues of Rs 9 lakh 02-09-2011 09:03 AM

    New Delhi: In more embarrassment coming for Team Anna, reports have emerged that Anna Hazare's aide Arvind Kejriwal was slapped a notice by the Income Tax department last month. The Income-Tax notice slapped on the Magsaysay Award winner asked him to pay dues of more than Rs 9 lakh. The...
  • I-T Dept conducts searches at IRB Infra premises 21-07-2011 09:45 PM

    Mumbai/Nagpur: Investigation Wing of the Income Tax Department on Thursday conducted searches on premises of toll-road firm IRB Infrastructure across Maharashtra. The I-T sleuths said they suspected that the company used to transact using inflated bills. "We conducted searches on around 40 premises of IRB and its subsidiaries across Mumbai,...
  • Mumbai I-T Commissioner takes bribe, arrested 09-07-2011 05:16 PM

    Mumbai: The CBI has arrested the Commissioner Income Tax (Appeal) of the Mumbai Circle RP Meena on charges of corruption. A case has been filed against Meena for demanding and accepting a bribe of Rs 2.2 lakh from a complainant seeking a closure report on a file. The CBI has...
  • I-T sleuths search Lilavati Hospital premises 11-04-2011 10:01 AM

    New Delhi: The Income tax department on Monday conducted searches at Mumbai's Lilavati hospital. Searches are on at the finance, purchase, biomedical and pharma departments of the Lilavati Trust Hospital. Computers of all the four departments have been seized to analyse the hard disks. The Heads of these departments are...
  • Modi protests I-T notice to his govt over Guj Summit 26-03-2011 07:51 PM

    Gujarat Chief Minister Narendra Modi on Saturday protested with the Prime Minister over the notice from Income Tax Department to the state government over MoUs signed during the Vibrant Gujarat Summit. ...
  • Modi protests I-T notice to Gujarat govt 26-03-2011 07:26 PM

    New Delhi: Gujarat Chief Minister Narendra Modi on Saturday protested with the Prime Minister over the notice from Income Tax Department to the state government over MoUs signed during the Vibrant Gujarat Summit. The notice had sought details of all such MoUs signed during the Summit in January, where companies...
  • Government to release Rs 150 coin soon 22-02-2011 09:24 PM

    New Delhi: For the first time in the country's minting history, government will issue coins of Rs 150, marking the number of years of taxation in India. The special coins, to be released by Finance Minister Pranab Mukherjee before his Budget speech, will also be brought out in Rs 5...
  • Will not reveal I-T returns: Ex-CJI Balakrishnan 15-02-2011 12:17 PM

    New Delhi: Former Chief Justice of India KG Balakrishnan who had earlier opposed the disclosure of the judge's assets, has now asked the Income Tax Department not to reveal his I-T returns. A Kochi-based RTI activist had filed a petition in January seeking information on Balakrishnan's tax returns. Balakrishnan who...
  • I-T raids on Priyanka Chopra, Rs 7.5 cr seized 27-01-2011 07:15 PM

    New Delhi: The Income Tax department on Thursday recovered Rs 7.5 crore from raids on actor Priyanka Chopra's residence. Sources have told CNN-IBN that Priyanka and her father failed to account for the Rs 7.5 crore seized from actor's residence during the income tax raids. The income tax raids were...
  • Onion traders in Delhi go on strike 11-01-2011 05:07 PM

    A day after Nashik onion traders went on strike, Delhi's onion traders also went on strike following I-T raids. ...
  • MP Lokayukta raids tainted IAS couple's house 10-12-2010 11:14 AM

    Bhopal: Madhya Pradesh Lokayukta raided the house of tainted IAS couple Arvind and Tinu Joshi on Friday. The IAS couple was suspended after the Income-Tax (I-T) department recovered cash worth Rs 3 crore from their residence apart from documents related to benami property. The I-T department claims to have seized...
  • I-T raid at 'Dabangg' producer Arbaaz's office 13-10-2010 08:40 AM

    Mumbai: The Income Tax (I-T) department conducted raids at actor and producer Arbaaz Khan's office in Mumbai. This is over the money earned from the superhit film ‘Dabangg’. The raid that started on Tuesday evening continued till 2 am on Wednesday. Arbaaz played down the incident and said: “It's a...
  • IPL taint, inept selection, Asian games fiasco: Is India's cricket admin headed for a collapse?

    The IPL taint, inept selection of players for the Tri-series, the BCCI's fiasco at the Asian Games -- Indian cricket has more bad news than...
  • I don't fear I-T probe: Shilpa Shetty 26-04-2010 10:39 PM

    Shilpa Shetty talked to CNBC-TV18's Anuradha SenGupta. ...