Tag: Income Tax department

IT dept attaches Rs 400 crore ‘benami’ plot of Mayawati’s brother, wife

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NEW DELHI: The Income-Tax Department has attached a ‘benami’ plot worth Rs 400 crore in Noida belonging to BSP supremo Mayawati’s brother and his wife, an official order said. The… Read more »

Supreme Court comes down hard on Income Tax department,says court is not a “picnic place”

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NEW DELHI: The Supreme Court of India has slammed the Income Tax department for making “misleading statement” about pendency of an appeal while making it clear that the apex court… Read more »

Income Tax Department to wait till September 7 for Walmart to pay tax on Flipkart deal

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NEW DELHI: The Income Tax Department will wait till September 7 for settlement of withholding tax by Walmart on payments made to about 44 shareholders exiting e-commerce firm Flipkart before… Read more »

Sitharaman will be appointed Income Tax Department lawyer, Chidambaram hits back

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NEW DELHI: Former Union Finance Minister P Chidambaram hit back at Defence Minister Nirmala Sitharaman today with a tongue-in-cheek tweet, saying that there was a buzz she would be removed… Read more »

Income Tax Department issued notices to 1 lakh crypto currency investors: CBDT chairman

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NEW DELHI:The Income Tax Department has issued about one lakh notices to people who have invested in crypto currencies like Bitcoin and have not declared it in their income tax… Read more »

Income Tax department identifies 18 L people with suspicious deposits

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NEW DELHI (INDIA): The Income Tax department has identified 18 lakh people who have made ‘suspicious’ cash deposits post demonetisation, including those having deposited over Rs 5 lakh, and will… Read more »