ADVERTISEMENT

I-T department

Rs 10L penalty for failure to disclose foreign assets, income, warns I-T dept

The department issued a public advisory as part a compliance-cum-awareness campaign launched recently by it on Saturday to ensure that such information is reported by the assessee in their Income Tax Return (ITR) for assessment year (AY) 2024-25.

17 November 2024, 06:31 IST

Rs 10L penalty for failure to disclose foreign assets, income, warns I-T dept

Rs 10L penalty for failure to disclose foreign assets, income, warns I-T dept

Rs 10L penalty for failure to disclose foreign assets, income, warns I-T dept

17 November 2024, 06:31 IST

Income Tax Act review: Government to invite suggestions from industry next month

In a meeting with industry chambers earlier this month, the government said that a functionality will be created in the Income Tax portal wherein suggestions could be made on different sections of the I-T Act with a view to simplifying the language and reducing litigation.

29 September 2024, 06:44 IST

Income Tax Act review: Government to invite suggestions from industry next month

Income Tax Act review: Government to invite suggestions from industry next month

Income Tax Act review: Government to invite suggestions from industry next month

29 September 2024, 06:44 IST

I-T Dept to confiscate Mukhtar Ansari's Rs 12-crore 'benami' asset in UP's Ghazipur

The investigation wing of the I-T Department in Lucknow issued a provisional order in April 2023 under the provisions of the Benami Transactions (Prohibition) Amendment Act of 2016 to attach this property.

11 September 2024, 16:58 IST

I-T Dept to confiscate Mukhtar Ansari's Rs 12-crore 'benami' asset in UP's Ghazipur

I-T Dept to confiscate Mukhtar Ansari's Rs 12-crore 'benami' asset in UP's Ghazipur

I-T Dept to confiscate Mukhtar Ansari's Rs 12-crore 'benami' asset in UP's Ghazipur

11 September 2024, 16:58 IST

Darshan case: Police notify I-T dept of Rs 70-lakh seizure

‘The Challenging Star’, his female friend Pavithra Gowda and 15 others have been arrested for the murder of Chitradurga native Renukaswamy.

21 June 2024, 22:15 IST

Darshan case: Police notify I-T dept of Rs 70-lakh seizure

Darshan case: Police notify I-T dept of Rs 70-lakh seizure

Darshan case: Police notify I-T dept of Rs 70-lakh seizure

21 June 2024, 22:15 IST

No search or survey of helicopter in Bengal, Abhishek Banerjee wasn't present: I-T sources

Earlier in the day, in a post on X, the TMC said the chopper was undergoing a trial run at Behala Flying Club for Abhishek Banerjee's visit to Haldia in Purba Medinipur district on Monday when a team of I-T officials arrived and extensively searched it.

14 April 2024, 16:48 IST

No search or survey of helicopter in Bengal, Abhishek Banerjee wasn't present: I-T sources

No search or survey of helicopter in Bengal, Abhishek Banerjee wasn't present: I-T sources

No search or survey of helicopter in Bengal, Abhishek Banerjee wasn't present: I-T sources

14 April 2024, 16:48 IST

Amended India-Mauritius tax treaty protocol yet to be ratified, notified: I-T dept

India and Mauritius on March 7, 2024, signed an amendment to the DTAA and included a principal purpose test (PPT) in the pact which aims to curtail tax avoidance by ensuring that treaty benefits are only granted for transactions with a bona fide purpose.

12 April 2024, 17:25 IST

Amended India-Mauritius tax treaty protocol yet to be ratified, notified:
I-T dept

Amended India-Mauritius tax treaty protocol yet to be ratified, notified:
I-T dept

Amended India-Mauritius tax treaty protocol yet to be ratified, notified: I-T dept

12 April 2024, 17:25 IST

Won't have been possible had party not fought against 'tax terrorism' before courts: Congress on relief in I-T notices matter

Won't have been possible had party not fought against 'tax terrorism' before courts: Cong on relief in I-T notices matter

01 April 2024, 16:19 IST

Won't have been possible had party not fought against 'tax terrorism' before courts: Congress on relief in I-T notices matter

Won't have been possible had party not fought against 'tax terrorism' before courts: Congress on relief in I-T notices matter

Won't have been possible had party not fought against 'tax terrorism' before courts: Congress on relief in I-T notices matter

01 April 2024, 16:19 IST

Congress protests against I-T action on party, slams BJP-led Centre in J&K

During the protest, Congress activists tried to march on the main road but were stopped by security personnel for not having the permission to hold the protest.

01 April 2024, 09:04 IST

Congress protests against I-T action on party, slams BJP-led Centre in J&K

Congress protests against I-T action on party, slams BJP-led Centre in J&K

Congress protests against I-T action on party, slams BJP-led Centre in J&K

01 April 2024, 09:04 IST

Won't take coercive step to recover Rs 3,500 crore from Congress during Lok Sabha polls, I-T department tells SC

The I-T department has also urged the court to post the matter for hearing in the month of June.

01 April 2024, 06:25 IST

Won't take coercive step to recover Rs 3,500 crore from Congress during Lok Sabha polls, I-T department tells SC

Won't take coercive step to recover Rs 3,500 crore from Congress during Lok Sabha polls, I-T department tells SC

Won't take coercive step to recover Rs 3,500 crore from Congress during Lok Sabha polls, I-T department tells SC

01 April 2024, 06:25 IST

'Not paying tax is denying benefits to poor': Assam CM Himanta attacks Congress

Sarma was reacting to the Congress stating that it has received fresh notices from the I-T Department, asking it to pay Rs 1,823.08 crore.

30 March 2024, 03:11 IST

'Not paying tax is denying benefits to poor': Assam CM Himanta attacks Congress

'Not paying tax is denying benefits to poor': Assam CM Himanta attacks Congress

'Not paying tax is denying benefits to poor': Assam CM Himanta attacks Congress

30 March 2024, 03:11 IST