It Department

  • 3-member committee formed to probe CPMT papers leak June 24, 2014

    A three-member committee of the Uttar Pradesh government's IT department has been assigned to probe the Combined Pre-Medical Test (CPMT) papers leak, an official said on Tuesday. Chief Secretary Alok Ranjan has constituted the committee to be headed by Principal Secretary (IT) Jeevesh Nandan and has named Director General Medical Education...
  • Top executive of the Yash Birla group arrested for drug possession January 12, 2014

    Mumbai: A top executive of of the Yash Birla group has been arrested by Narcotics Control Bureau (NCB) for allegedly purchasing and possessing cocaine, and remanded in their custody till January 16 by a local court. Anant Pathak (31), president of corporate affairs of the group, his bodyguard Dilip Palekar...
  • CBI, other bodies to take action against NSEL: Chidambaram September 26, 2013

    The government on Thursday said the CBI, the Ministry of Corporate Affairs and the Forward Markets Commission will take action against the National Spot Exchange Ltd (NSEL), which was an unregulated entity and violated norms from day one. "The Mayaram panel report has suggested that the Central Bureau of Investigation (CBI),...
  • IT department issues notice to Mahabodhi temple over its collections September 24, 2013

    For the first time, the Income Tax department has issued notice to Bodh Gaya's Mahabodhi temple, Buddhism's holiest shrine, over its collections, officials on Tuesday said. "The IT department has issued notice to the management committee of the Mahabodhi temple and demanded that they submit details of temple's income and expenses,"...
  • Last day of filing income tax returns today August 5, 2013

    New Delhi: The last day of filing Income Tax returns is today. The earlier date of July 31 was extended by five days seeing the rush of tax-payers waiting to file their income tax returns. The e-filing of income tax returns has crossed the one crore mark with the maximum...
  • Negotiations going with investors: Kingfisher to SC January 22, 2013

    New Delhi: The Supreme Court on Tuesday deferred hearing on Vijay Mallya-owned Kingfisher Airlines's plea challenging Karnataka High Court's order to deposit around Rs 185 crore with the Income Tax Department as tax deducted at source (TDS) from its employees' wages. A bench headed by Justice DK Jain deferred the...
  • Chennai: I-T dept conducts survey on Nokia premises January 8, 2013

    Chennai/New Delhi: The Income Tax department officials on Tuesday conducted a survey operation on the premises of Finnish cellphone major Nokia in Chennai on charges of alleged tax evasion. Sources in the department said the survey operation was conducted at the company's premises in the Tamil Nadu capital (under section...
  • I-T department drags Amitabh Bachchan to SC January 8, 2013

    New Delhi: The Supreme Court on Tuesday sought the response of superstar Amitabh Bachchan on a petition by Income Tax Department which has claimed that the actor owes to it Rs 1.66 crore as taxes on his income he earned through quiz show 'Kaun Banega Crorepati' during 2001-02. A bench of...
  • Graft charges may hit BJP chief Gadkari's 2nd term hopes October 25, 2012

    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 not harassing Ramdev: CBDT chairperson September 7, 2012

    New Delhi: The CBDT on Thursday rejected the charge that it was harassing Yoga guru Ramdev against whom it has slapped a Rs 58 crore notice for alleged violation of tax exemption provisions given to his trust. "As far as allegation of harassment of Baba Ramdev has been made by you...I...
  • Ramdev alleges witch hunt by UPA government August 29, 2012

    New Delhi: Yoga Guru Ramdev has accused the UPA government of witch hunt after it was announced that his trust Patanjali Yogpeeth's charitable status will be withdrawn. Ramdev claimed that he is being targetted because of his anti-corruption movement against the UPA. "Just because we speak against corruption and blackmoney, the...
  • Kingfisher crisis: I-T dept serves notice to SBI July 13, 2012

    New Delhi: In fresh trouble for the Kingfisher Airlines, the Income Tax department has stepped in to recover tax dues from banks, eyeing the proceeds from the sale of non-core assets of the carrier. According to I-T sources, a notice was sent by the department to the lead lender, State Bank...
  • Is there more black money within India than outside? July 11, 2012

    A sting operation by IBN Network and Cobrapost has revealed the rampant use of black money in the Indian film industry. ...
  • I-T department probe Pune franchise May 23, 2012

    New Delhi: The Income Tax Department is conducting an enquiry at the office of Indian Premier League (IPL) team Pune Warriors India. The enquiry follows a sting operation where some Pune players allegedly took money to spot-fix during the IPL matches. The money is alleged to have been paid in cash...
  • Ramdev trust challenge I-T notice May 17, 2012

    New Delhi: Yoga guru Ramdev's trust have challenged the action of the Income Tax department to slap a tax demand of Rs 58 crore on their income through sales of ayurvedic medicines. "Since inception we have been doing charity in terms of providing medical relief and other such activities to...
  • Ponty Chadha reports Rs 175 cr 'undisclosed' income May 15, 2012

    New Delhi: Three months after the Income Tax department conducted searches on his businesses, liquor baron Ponty Chadha is said to have reported Rs 175 crore of 'undisclosed' income to the department. "The business group has admitted an undisclosed income of Rs 175 crore and further tax related proceedings are on,"...
  • No large scale re-opening of I-T cases: Pranab March 25, 2012

    New Delhi: The government on Sunday said it has no vindictive intention in retrospectively amending tax laws and has no plans to re-open a large number of old cases, while assuring India Inc that the I-T Department will not act like a "policeman". Interacting with industry leaders in New Delhi, Finance...
  • Vijay Mallya to present clear picture of KFA today March 20, 2012

    New Delhi: Kighfisher Airlines Chairman Vijay Mallya is expected to meet the DGCA on Tuesday to try and salvage what remains of his ailing airline. Mallya will be presenting his plans on how to revive the company. There is a high chance that the airline's licence could be cancelled. The...
  • Vodafone judgement fallout: I-T reviews 2G probe February 26, 2012

    New Delhi: In an apparent fallout of the Supreme Court's order in the Vodafone case, the Income Tax department has started a review of its probe in the 2G spectrum scam which relied heavily on the premise of capital gains generated in overseas deals by telecom firms. The Department, which has...
  • Vodafone case: Centre moves SC seeking review February 17, 2012

    New Delhi: The Centre on Friday moved the Supreme Court seeking review of its verdict holding that the Indian Income Tax Department does not have jurisdiction to levy Rs 11,000 crore as tax on the overseas deal between Vodafone International Holdings and Hutchison Group. The court had on January 20...
  • Wary about secret bank accouts, IT asks for oath January 8, 2012

    New Delhi: In order to guard against possible leakage of names figuring in the secret bank accounts lists it has received from foreign shores, the CBDT has ordered the IT department to obtain a signed undertaking from any government entity or department who demands the data for their own probe. The...
  • Madhu Koda asked to pay Rs 1,200 cr tax January 3, 2012

    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 month. According...
  • I-T dept to publish, expose names of defaulters May 30, 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...
  • 2G: I-T to file status report in SC on Tuesday May 1, 2011

    New Delhi: The Income Tax department will file its first status report on investigation into tax evasion in the 2G spectrum allocation scam on Tuesday in the Supreme Court. The department, according to sources, has reportedly traced instances of tax evasion in allocation of the new Unified Access Services (UAS) licenses...
  • Give Radia tapes tanscript to CBI, ED: SC April 27, 2011

    New Delhi: The Supreme court on Wednesday directed the Income Tax department to provide a transcript of tapped conversations of corporate lobbyist Nira Radia with corporate honchos, politicians and bureaucrats to CBI and ED which are probing 2G scam case. A bench of justices GS Singhvi and AK Ganguly passed...
  • Boss, our IT is horrible, IT guy tells Obama April 20, 2011

    Washington: US President Barack Obama's Indian-American IT guy is in full agreement with his boss that the White House is "like 30 years" behind the times when it comes to technology. "Federal IT is horrible - that's why we've made it a priority to aggressively crack down on wasteful IT spending...
  • I-T searches at Lilavati hospital April 11, 2011

    Searches are also on at two companies that loaned 14 crore rupees to the Lilavati Trust in 2002. ...
  • Hasan Ali most protected after Kasab in jail April 7, 2011

    Mumbai: Hasan Ali Khan, the Pune-based stud farm owner arrested on massive money laundering charges, is the second most secure inmate of the Arthur Road jail after Ajmal Kasab, lodged like the Pakistani gunman on death row in the high-security 'Anda cell'. Khan has been lodged in the egg-shaped cell as...
  • Government to release Rs 150 coin soon February 22, 2011

    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 denomination...
  • CWG officials come under ED, IT scanner October 19, 2010

    New Delhi: The probe into corruption in the Commonwealth Games is becoming dramatic day by day, with the Enforcement Directorate and IT department likely to issue summons to some senior Commonwealth Games Organising Committee officials. The CAG on Monday decided to complete a comprehensive audit of the projects within 90...