Income Tax Department of India: News
02 Apr 2021
Tamil NaduIncome 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
Aadhaar CardDeadline 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
Central Board of Direct Taxes (CBDT)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 KashyapAnurag 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
Anurag Kashyap'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
BollywoodI-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
BollywoodIncome 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
JaipurRs. 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
Robert VadraTax 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
CoronavirusITR-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
AssamI-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.
08 Jun 2020
India#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
Aadhaar Card#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
India#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.
10 Nov 2019
Aadhaar CardYou'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
IndiaDon'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
IndiaBenefits 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
IndiaHere'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
Aadhaar CardHere'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.
14 Sep 2019
MumbaiMukesh, 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
IndiaDon'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
IndiaAutomatic 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
FinanceReceived 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
IndiaLost/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.
23 Aug 2019
Aadhaar CardWhat is PAN card with QR code? Everything to know
It is illegal for individuals in India to have more than one PAN card, per Income Tax (I-T) Act rules.
22 Aug 2019
IndiaPAN card verification: How to verify your PAN online
Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India by the Income Tax department.
02 Aug 2019
Supreme Court Of IndiaProtect your Aadhaar data: Here's how to lock/unlock Aadhaar number
In a bid to strengthen the privacy and security of Aadhaar, the Unique Identification Authority of India (UIDAI) has introduced a feature that enables users to lock/unlock their Aadhaar number.
28 Jul 2019
IndiaIncome Tax: How salaried individuals can file their I-T return
August 31, 2019 is the last date to file Income Tax return for FY 2018-19.
23 Jul 2019
Aadhaar Card#FinancialBytes: How to check your Income Tax refund status online
Once you are done with the filing and verification of your I-T returns, you can easily keep track of the refund status.
16 Jul 2019
India#FinancialBytes: List of documents needed to file Income Tax returns
July 31, 2019 is the last date to file Income tax returns for FY 2018-19.
01 Jul 2019
IndiaFinancial Bytes: Five reasons why filing income tax is beneficial
Filing income tax returns (ITRs) on time every year is very important and individuals having an annual income of Rs. 2.5 lakh or more have to file ITRs mandatorily.
01 Jul 2019
Bengaluru#FinancialBytes: Five ways to verify your Income tax returns
You might think that filing your Income Tax return on time is all you have to do.
20 Jun 2019
IT Department#FinancialBytes: Filing income-tax returns? Here are some mistakes to avoid
Filing income tax returns (ITRs) on time every year is very important. However, the process of filing ITRs can be quite daunting for many individuals.
30 May 2019
Tax Deducted at Source (TDS)#FinancialBytes: Latest ITR-1 changes taxpayers need to be aware of
Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers.
15 May 2019
India#FinancialBytes: How to file income tax returns (ITRs) online?
Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers in the country.
01 May 2019
IndiaApplying for PAN card offline? Avoid these mistakes
Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India by the Income Tax department.
28 Apr 2019
India#FinancialBytes: 5 lesser-known facts about PAN card everyone should know
The Permanent Account Number (PAN) card has become one of the most essential documents to have.
21 Apr 2019
KarnatakaKarnataka: Cash worth Rs. 2.3 crore found inside spare tire
The Income Tax Department on Saturday seized cash worth Rs. 2.3 crore in Karnataka from a car, which was transporting the cash to Shivamogga and Bhadravathi from Bengaluru.
17 Apr 2019
Tamil NaduDMK leader Kanimozhi's house raided; I-T Department says 'false tip'
The Income Tax Department in Tamil Nadu on Tuesday evening conducted raids at DMK leader Kanimozhi's house to "verify" allegations of "lots of cash" being stashed on the first-floor of her Thoothukudi residence.
16 Apr 2019
Tamil NaduLS elections in Vellore likely to be cancelled: Sources
The Lok Sabha polls in Vellore constituency in Tamil Nadu is likely to be canceled over excessive use of money power, sources aware of the development said yesterday.
