IT Department: News
Delhi resident pays ₹50,000 to settle ₹1 tax dispute
A Delhi resident, Apoorv Jain, has claimed to have paid a hefty fee of ₹50,000 to a chartered accountant (CA) to resolve an Income Tax dispute that ultimately amounted to only ₹1.
'Financial terrorism': Congress slams government in tax, bank account row
The Congress has accused the Prime Minister Narendra Modi-led government of "financial terrorism" and attempting to "cripple" its primary opposition just months before the general election.
Karnataka: Rs 3 crore seized from industrialist Ramesh Bonageri's home
The Central Crime Branch (CCB) police in Hubballi, Karnataka, seized Rs. 3 crore in cash from the residence of industrialist Ramesh Bonageri on Saturday.
#NewsBytesExplainer: New draft amendments to IT Rules, 2021
The Ministry of Electronics and Information Technology (MeitY) has published a fresh draft of amendments to the Information Technology Rules, 2021.
#KeralaGoldSmuggling: Ex-UAE Consulate employee 'main accused'; CMO links allegedly found
The customs officials at the Thiruvananthapuram international airport seized 30kgs of gold worth Rs. 15 crore during an operation on Sunday.
How to update address and other details in PAN card
Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India by the Income Tax department.
#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.
#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.
Tax evasion: IT Department raids 100 places in TN, AP
The Income Tax Department on Thursday launched multiple raids at over 100 locations in Tamil Nadu and Andhra Pradesh as part of a tax evasion probe against mining and mineral export companies.
Delhi government warns officials against uploading Aadhaar, mobile numbers online
The Delhi government has asked all Heads of Departments not to upload documents containing "sensitive" personal information like Aadhaar and mobile numbers on the websites of their respective departments.
Company Director sent to jail for Rs. 50L TDS default
A Delhi court has sentenced the Director of a real estate firm to six months' rigorous imprisonment for allegedly failing to deposit over Rs. 50L TDS (tax deducted at source) in time to Income Tax Department.
Karnataka witnessed non-PAN transactions worth Rs. 2,710 crore post demonetization
Post demonetization, numerous jewellers, petrol bunk owners, real-estate developers and contractors from Karnataka deposited more than Rs. 2.5lakh in their bank accounts till 30th December, 2016.