Quick links to download printable Income Tax return forms for the Assessment Year 2011-12 in PDF format:a. ITR-1 (Sahaj) - For Individuals having Income from Salary & Interest [Download]b. ITR-2 - For Individuals & HUFs not having Income Business or Professionfrom [Download]c. ITR-3 - For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship [Download]d. ITR-4 - For Individuals & HUFs having income from...
03:47 PM, Jul 25, 2011
Chennai: The Income-Tax department has recovered over Rs 20 lakh from Malayalam superstar Mammootty's house in Kochi, according to sources. Documents related to land dealings were recovered from both actors' homes. Mammootty's statement was recorded at his residence on Saturday. The actor was questioned for nearly seven hours on Friday till early Saturday morning by the I-T officials. Large number of Mammootty fans had gathered at the airport to express...
11:08 AM, Jul 23, 2011
Kochi: Income Tax officials, who had conducted raids at the residence and business establishments of Malayalam superstar Mammootty, questioned him for nearly seven hours till early Saturday morning. The actor who returned from Chennai around 9 pm on Friday night was questioned by I-T officials at his residence at Panampilly Naagar in Kochi till 3 am on Saturday, top I-T sources said. Mammootty "cooperated fully with the officials", the sources...
10:45 AM, Jul 23, 2011
Chennai: The Income Tax department on Friday conducted raids at the homes and offices of Malayalam superstars Mohanlal and Mammootty. The raids were conducted at their homes and offices in Kochi, Bangalore, Thiruvananthapuram and Chennai. Sources have said that the stars had no prior information of the raids. It remains to be seen as to what comes out of the raids after the Income Tax department will talk to the...
09:16 AM, Jul 22, 2011
![Soumyadip Choudhury]( "Soumyadip Choudhury")
This is scary. If I know a little about you, I can hack into your Income Tax account. What is scarier is that this process ...
04:31 PM, Jul 18, 2011
Hyderabad: After coming under the Income Tax Department scanner over the dubious manner in which he amassed wealth, YSR Congress president and MP-elect YS Jaganmohan Reddy will now face a tougher probe by the CBI on the same charges, based on a directive from Andhra Pradesh High Court. The High Court, which treated a letter written by senior Congress MLA and current minister P Shankar Rao as a writ petition,...
11:59 PM, Jul 12, 2011
Chennai: Tamil Nadu government on Monday revised tax rates on certain products in order to generate additional revenue of Rs 3,900 crore per annum. The revised tax rates would be effective from from Tuesday, Finance Secretary K Shanmugam said in a release. Value Added Tax (VAT) on certain articles was increased to five per cent from the present four per cent, it said. Textile and textile products which were under...
11:49 PM, Jul 11, 2011
New Delhi: The Supreme Court will take up on Tuesday Tata Group Chairman Ratan Tata's plea on the right to privacy after the leakage of his telephonic conversations with corporate lobbyist Niira Radia tapped by the Income Tax Department. A bench headed by Justices GS Singhvi will examine the issues raised by Tata, including the questions of right to privacy and right to freedom of speech and expression as envisaged...
09:14 PM, Jul 11, 2011
Jaipur: Income Tax department conducted raids at 14 premises and surveys at six places belonging to private doctors here for suspected tax evasion, officials said on Thursday. The raids launched on Wednesday were being carried out till late last night and are likely to end on Thursday, they said. The raids and surveys were carried out at private hospitals, homes and offices of nine doctors in Lal Kothi, Malviya Nagar,...
11:36 AM, Jun 09, 2011
New Delhi: The Finance Ministry is bringing under one umbrella the intelligence and criminal investigation units of the Income Tax department to enhance prosecution powers to counter terror financing and check transactions that pose threat to national security. The department will now train and designate its officials in the rank of Inspectors as 'Special Agents' and 'Agents' (Criminal Investigation) while the newly-created Directorate of Criminal Investigation will be headed by...
03:26 PM, Jun 08, 2011
New Delhi: Tax defaulters beware! With tax recovery to the tune of more than Rs 1 lakh crore held up for lack of information about the whereabouts of defaulters, the Income Tax(I-T) department is working on plans to publish their names in newspapers. The problem has been further compounded with several of the tax defaulters having created 'benami' assets to escape the dragnet. The I-T department is embarking on this...
06:40 PM, May 30, 2011
New Delhi: The country's third-largest software exporter Wipro on Monday said it has got a scrutiny notice from the Income Tax Department for the assessment year 2008-09. "As a part of regular assessment proceedings for assessment year 2008-09, we have received a notice from the Tax Officer seeking details," the company said in a statement. Though Wipro did not provide details of the notice, it said the company is subject...
05:54 PM, May 23, 2011
New Delhi: The Supreme Court on Monday pulled up the Income Tax department for not taking timely action against the companies involved in the 2G spectrum scam and said had it not intervened, the officials would have "slept over it" and the oversees probe would not have proceeded. The court said despite the department coming to know about tax evasion cases in 2008, it started taking action only after March...
03:14 PM, May 16, 2011
Chennai: DMK MP Kanhimozi, an accused in the 2G scam, was on Thursday questioned by the Income Tax dept in Chennai. Kanimozhi and Kalaignar TV MD Sharad Kumar were summoned for clarification on the Rs 200 crore transfer to Kalaignar TV, said the I-T sources. Though Kanimozhi and Sharad Kumar had the option to send an authorised person, they chose to appear in person before Deputy Director, Investigations, I-T. The...
02:27 PM, May 12, 2011
Thiruvananthapuram: Former Chief Justic of India KG Balakrishnan does a U-turn on disclosing his assets. Justic Balakrishnan has informed the Inecome Tax Department that he does not want to disclose his assets because it is not related to public welfare in any way. Under intense pressure, former CJI and the current NHRC chief had early this month agreed to publicise details of his assets. The ex-CJI has faced allegations that...
01:41 PM, Apr 18, 2011
Searches are also on at two companies that loaned 14 crore rupees to the Lilavati Trust in 2002. ...
10:04 AM, Apr 11, 2011
Thiruvananthapuram: Under intense pressure, former Chief Justice of India (CJI) and the current NHRC chief Justice KG Balakrishnan has agreed to publicise details of his assets. He had earlier asked the Income Tax Department not to reveal details of his assets. The ex-CJI has faced allegations that he has wealth that is disproportionate to his known sources of income. His relatives, including his son-in-law and brother, are facing investigations. Justice...
03:43 PM, Apr 05, 2011
The ex-CJI has faced allegations that he has wealth that is disproportionate to his known sources of income. ...
03:27 PM, Apr 05, 2011
Ramanathapuram: In yet another haul of unaccounted cash in poll-bound Tamil Nadu, election and police officials on Monday seized Rs 40 lakh from a roadside tea shop in Therunali and arrested its owner, police said. The tea shop owner Ponnuswamy claimed that the money was meant for distribution to voters on behalf of DMK, police said. Income Tax (Investigation) Department officials on Sunday seized unaccounted cash of about Rs 37...
11:14 AM, Apr 05, 2011
Mumbai: Rheema Khan, the wife of Pune-based stud farm owner Hasan Ali, would be present in the Supreme Court on Monday when the Enforcement Directorate would submit a status report of the probe into his alleged money-laundering activities. "Hasan Ali's wife would appear before the Supreme Court tomorrow," said Khan's lawyer, advocate IA Bagadia in Mumbai. Bagadia also said she had faxed a letter to ED, saying she would appear...
10:05 AM, Mar 27, 2011
