Articles about Income Tax Department of India

News articles

25 Sep 2021

I-T department raids Gujarat diamond group, claims multi-crore tax evasion

The CBDT on Saturday said the Income Tax Department has detected tax evasion worth crores of rupees in raids on Gujarat's leading diamond manufacturer and exporter.

11 Sep 2021

'Wasn't allowed access to lawyer': Newslaundry co-founder on I-T survey

Abhinandan Sekhri, the co-founder of online media portal Newslaundry, said Income Tax Department officers spent more than 12 hours at his company's office.

10 Sep 2021

Income Tax Department conducts 'surveys' at offices of NewsClick, Newslaundry

Income Tax Department officials today visited the offices of online news portals NewsClick and Newslaundry in Delhi.

22 Aug 2021

Government summons Infosys CEO over glitches in I-T e-filing portal

The Finance Ministry has summoned Infosys MD and CEO, Salil Parekh, over the failure of the company to address issues pertaining to the glitches in the new Income Tax e-filing portal.

22 Jul 2021

I-T raids on Dainik Bhaskar group; 'attempt to stifle democracy'

The Income Tax (I-T) department is conducting raids at the offices of one of India's largest media houses, Dainik Bhaskar, along with Uttar Pradesh-based news channel Bharat Samachar.

14 Jul 2021

IT department surveys Bengaluru company; detects Rs. 880cr hidden income

The Income Tax Department has detected "concealment" of Rs. 880 crore income after it surveyed the Bengaluru premises of a leading manpower service providing company, the Central Board of Direct Taxes (CBDT) said on Tuesday.

06 Jul 2021

Government has created mess: Shashi Tharoor on new I-T portal

Attacking the central government over the glitches in the new Income Tax portal, senior Congress leader Shashi Tharoor alleged that even after spending Rs. 4,200 crore on the new I-T portal, the government had "failed" to make it user-friendly and created a "mess" instead.

03 Jul 2021

TDS rules change from this month. Check details here

In the Union Budget 2021, the Finance Ministry has introduced a fresh rule to deduct Tax Deducted at Source (TDS) at a higher rate for those who failed to file their income tax returns for the past couple of years.

30 Jun 2021

'Ridiculous,' says AAP as MLA Atishi gets income tax notice

The Income Tax Department has sent a notice to Aam Aadmi Party (AAP) MLA Atishi, she and the party said on Wednesday, slamming the Bharatiya Janata Party (BJP) over the matter.

16 Jun 2021

How to apply for PAN instantly on new Income-Tax portal

Permanent Account Number (PAN) is an important alphanumeric identity issued by the Income Tax Department to all the taxpayers in India.

08 Jun 2021

Everything you should know about I-T Department's new e-filing portal

The Indian government's Income Tax (I-T) department has started using its new taxpayer-friendly portal. The new website (www.incometax.gov.in) replaces the old one (www.incometaxindiaefiling.gov.in).

02 Apr 2021

Income Tax department searches premises of MK Stalin's son-in-law Sabareesan

The Income Tax department on Friday led raids at at least four premises of Sabareesan, the son-in-law of Dravida Munnetra Kazhagam (DMK) President MK Stalin.

31 Mar 2021

Deadline for linking Aadhaar and PAN extended till June 30

The deadline to link PAN (Permanent Account Number) and Aadhaar has been extended till June 30, 2021.

19 Mar 2021

TN: IT department seizes over Rs. 16 crore dubious cash

The Income Tax Department has seized "unaccounted" cash of over Rs. 16 crore and detected black income of about Rs. 80 crore after it raided multiple entities in poll-bound Tamil Nadu, the Central Board of Direct Taxes (CBDT) said on Friday.

06 Mar 2021

Anurag Kashyap posts message for "haters" after Income Tax raids

After Taapsee Pannu, filmmaker Anurag Kashyap has also broken his silence following the Income Tax Department's raids at their properties earlier this week.

06 Mar 2021

'Not so sasti anymore': Taapsee Pannu on Income Tax raids

Film actor Taapsee Pannu, who recently faced Income Tax raids, has opened up about the three days of search that took place at her properties this week.

05 Mar 2021

I-T Department claims to have proof against Kashyap, Pannu

The Income Tax Department has unearthed irregularities amounting to Rs. 650 crore after it conducted raids at two film production companies, two talent management companies, and properties of a leading actress.

04 Mar 2021

Income Tax raids at homes of Vikramaditya Motwane, Vijay Subramaniam

Income Tax officials on Thursday conducted searches at the residences of Vikramaditya Motwane and Vijay Subramaniam of the Kwan Talent Management Agency.

22 Jan 2021

Rs. 1,400 crore unaccounted transactions of three Jaipur firms unearthed

Unaccounted and unrecorded transactions involving a total amount of over Rs. 1,400 crore have been unearthed in a search operation conducted against three Jaipur-based firms, an Income Tax Department's spokesperson informed.

04 Jan 2021

Tax officials record Robert Vadra's statement in benami properties case

Officials of the Income Tax department on Monday recorded businessman Robert Vadra's statement at his Delhi office in connection with the benami properties case.

30 Dec 2020

ITR-filing deadline extended to January 10 for individuals: Details here

The Centre on Wednesday once again extended the deadline for individuals to file Income Tax Returns (ITRs) for FY2019-20, providing huge relief to taxpayers.

27 Dec 2020

I-T Department detects black income of Rs. 100 crore

An unaccounted income of Rs. 100 crore has been detected after the Income Tax Department raided three "leading" contractors of Northeast India based in Assam earlier this week, the Central Board of Direct Taxes (CBDT) said on Saturday.

29 Sep 2020

Alleging witch-hunt by GoI, Amnesty halts India operations

Amnesty International has decided to stop its India operations, as it has been subjected to a witch-hunt by the government of India, the NGO working for human rights said in a press statement on Tuesday.

08 Jun 2020

#CareerBytes: How to become an Income Tax Inspector in India?

Government jobs are a dream for many and are the most preferred career option for a lot of youngsters in the country.

15 Mar 2020

#FinancialBytes: Financial deadlines to watch out for in March 2020

One must stay on top of crucial financial deadlines in order to have an organized financial life and avoid penalties.

23 Dec 2019

#CareerBytes: How to become an Income Tax Inspector in India?

Government jobs are a dream for many and are the most preferred career option for a lot of youngsters in the country.

08 Dec 2019

#FinancialBytes: What is advance tax and who should file it?

Income tax accounts for a significant part of the government's revenue, and it is the responsibility of taxpayers to pay the required tax on the income they earned during a year on time.

10 Nov 2019

You'll be fined Rs. 10,000, if you give wrong PAN

You need to be extra careful while filling your Permanent Account Number (PAN), as even a minor error in spelling out the ten-digit alphanumeric identity could cost you as much as Rs. 10,000.

30 Oct 2019

Don't have PAN? You can use these two documents, instead

Permanent Account Number (PAN) is a unique, ten-digit alphanumeric identity issued by the Income Tax Department to all taxpayers in India.

28 Oct 2019

Benefits and procedure of linking PAN and Aadhaar

December 31, 2019 is the last date to link your PAN with Aadhaar. Earlier, this deadline was September 30.

24 Oct 2019

Here's how NRIs can apply for PAN in India

Permanent Account Number (PAN) is a unique, ten-digit alphanumeric identity issued by the Income Tax Department to all tax-paying individuals and organizations in India.

09 Oct 2019

Here's how to link PAN and Aadhaar via different modes

December 31, 2019 is the last date to link your PAN with Aadhaar. Earlier, this deadline was September 30.

28 Sep 2019

Deadline to link PAN with Aadhaar extended to December 31

The deadline to link Permanent Account Number (PAN) with Aadhaar has been extended by three months to December 31, 2019 according to an official notification released by the Ministry of Finance today. Earlier, this deadline was September 30.

14 Sep 2019

Mukesh, Nita and Ambani kids get Income Tax notices: Report

Reliance Industries head honcho Mukesh Ambani, his wife Nita, and their three children- Akash, Anant, and Isha, have received notices from the Mumbai leg of Income Tax Department, Indian Express reported on Saturday.

11 Sep 2019

Don't have a PAN yet? Reasons why you'd need one

Permanent Account Number (PAN) is a unique, ten-digit alphanumeric identity issued by the Income Tax Department to all taxpayers in India.

04 Sep 2019

Automatic PAN generation for taxpayers using Aadhaar to file ITR

The Income Tax department will now issue a Permanent Account Number (PAN) to taxpayers using their Aadhaar number to file Income Tax returns, as a new method to link the two databases.

30 Aug 2019

Received notice from Income-tax department? These could be the reasons

Whether favorable or not, you should never ignore a notice from the Income Tax department.

25 Aug 2019

Lost/misplaced PAN card? Here's how you can get a duplicate

Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India, that is essential for undergoing various financial transactions such as receiving taxable salaries/professional fees, sale or purchase of assets, trading of mutual funds, etc.