Income Tax Department | The Asian Age

Thursday, Apr 25, 2024 | Last Update : 09:46 AM IST

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A senior I-T Department official said the public list is aimed to make people aware so that they can help the department in nabbing these defaulters.

I-T Department publicly names defaulters owing Rs 490 cr taxes

Some of the defaulters on the list have not paid their taxes for the assessment year 1989-90.

29 Mar 2018 4:10 PM

Cognizant will continue to vigorously defend itself and will pursue all available legal remedies.

Paid all applicable taxes, I-T dept's position without merit: Cognizant

Company believes that the positions taken by the Indian Income Tax Department are contrary to law and without merit.

28 Mar 2018 2:41 PM

Cognizant said it had paid all applicable taxes due on the transaction. (Representational Image)

Accounts of Cognizant in Chennai, Mumbai frozen over tax irregularities

Cognizant failed to pay the tax of more than 25 billion rupees in 2016-17, the Hindu reported, citing officials from the tax department.

28 Mar 2018 9:41 AM

The advertisement said it was the final call for taxpayers who have to file belated or revised ITRs for assessment years 2016-17 and 2017-18.

ITR filing: Income Tax Department has a message for taxpayers

Non-filing or incorrect filing of return of income may result in penalty and prosecution.

23 Mar 2018 10:57 AM

Scheme would be launched in all the cities where the I-T department had an officer of the rank of principal commissioner. (Photo: PTI)

I-T e-assessment: CBDT notifies new communication scheme

A machine-readable device kept at the CCC will receive the responses from the taxpayers.

27 Feb 2018 11:04 AM

As per PMLA, all NBFCs have to appoint a principal officer in financial institutions and report all suspicious and cash transactions of over 10 lakh rupees to FIU. (Photo: ANI)

Finance Ministry puts out list of high-risk finance companies

FIU released list on its website showing the names of NBFCs which have been found non-compliant to the PMLA rules.

26 Feb 2018 1:05 PM

Singhvi, meanwhile, refuted the allegations made against his family and described the action as 'harassment' being meted out to him as he belonged to an opposition political party. (Photo: File)

I-T issues notice to Cong leader Singhvi’s wife for purchases from Nirav Modi

I-T questions that Rs 1.5 cr was paid by cheque for the purchase of the jewellery, while about Rs 4.8 cr was paid in cash by Anita Singhvi.

20 Feb 2018 7:21 PM

I-T department also cautioned eligible trusts, political parties and associations to file their income tax returns by this final deadline. (Photo: PTI)

DeMo depositors, all companies should file ITRs by Mar 31: I-T

Non-filing or incorrect filing of return of income may result in penalty and prosecution.

09 Feb 2018 1:38 PM

The department had conducted pan-India surveys at these exchanges in December last year.

I-T will tax bitcoin trade, has issued few lakh notices: CBDT

The government in December cautioned investors to be wary of virtual currencies like bitcoin.

02 Feb 2018 4:07 PM

The CBDT chief said a number of steps were taken since the last budget to reduce the cash share in the economy, so that the generation of black money was curbed. (Representational Image)

I-T department has technology to track suspicious transitions, black money: CBDT chief

With the help of technology, the I-T department was tracking the tax evaders and consolidating its measures in this regard.

02 Feb 2018 10:16 AM

Gross collections (before adjusting for refunds) have increased by 13.5 per cent to Rs 8.11 lakh crore during April, 2017 to January 15, 2018.

Direct tax mop-up jumps 19 pc to Rs 6.89 lakh cr this fiscal

Collections till January 15, 2018 represent over 70 pc of Rs 9.8 lakh crore revenue target from direct taxes.

17 Jan 2018 5:32 PM

The assets allegedly belong to some high net worth individuals from Delhi like a builder, a gutka trader and some businessmen based in the national capital. (Photo: Representational | PTI)

Delhi: I-T department seizes Rs 85 cr in cash, bullion from illegal vault

Assets worth more than Rs 61 crore were seized by the department over the week from multiple lockers located in the private vault in Delhi.

13 Jan 2018 3:16 PM

Department had set up 24 dedicated Benami Prohibition Units (BPUs) under its Investigation Directorates all over India in May, 2017.

I-T dept attaches benami properties worth Rs 3,500 crore

Benami Act defines a benami transaction as a transaction where a property is held by or transferred to a person.

11 Jan 2018 1:37 PM

In the corresponding period of the last fiscal, I-T collections had been Rs 25,500 crore against a target of Rs 35,500 crore for 2016-17. (Photo: PTI)

I-T collection up 13 pc in Bengal and Sikkim in April-January

Target for 2017-18 is Rs 41,891 crore and the department has been able to collect 69 per cent of the target till now.

11 Jan 2018 12:44 PM

Department started initiating action under the new Benami Transactions (Prohibition) Amendment Act, 2016 from November 1, 2016.

Taxman alert: Keep away from benami transactions

Tax department attached benami assets worth Rs 1,833 crore across country from Nov 1, 2016 to Oct 2017.

10 Jan 2018 1:39 PM

Taxpayers use the e-filing portal of the department to file their income tax returns (ITRs) and perform other income tax related tasks on the web portal: https://www.incometaxindiaefiling.gov.in. (Photo: PTI)

New helpline for income tax e-filing

Department has separate helpline numbers to take questions and queries on various other issues that a taxpayer faces.

01 Jan 2018 3:03 PM

The Income Tax department raided the house of Nationalist Congress Party (NCP) corporator and Ajit Pawar’s close aide Baburao Chandere on Tuesday.

IT raid at NCP leader Baburao Chandere’s house in Pune

A exuberant wedding ceremony of his son a few months ago in which crores of rupees were allegedly spent had grabbed eyeballs.

20 Dec 2017 6:28 AM

Inter-Disciplinary Committee to take stock of present status of VCs both in India and globally and suggest measures for dealing with such currencies.

I-T dept conducts surveys at Bitcoin exchanges country-wide

Bitcoin is not regulated in country and its circulation has been a cause of concern among central bankers.

13 Dec 2017 12:55 PM

According to sources, a team of the CBI and I-T officials reached Ms Jayanthi’s residence in Chennai and handed over the records to the IT sleuths. (Photo: PTI)

CBI hands over Jayanthi forest land case to IT dept

Sources said the tax authorities had requested the CBI to hand over the files to the former for their probe into the case.

13 Dec 2017 2:21 AM

Swaraj India leader Yogendra Yadav also noted that the notice was indeed a political vendetta against the Aam Aadmi Party. (Photo: PTI)

AAP kept double accounts, concealed info, dodged tax authorities: Yogendra Yadav

Yadav and Prashant Bhushan, former AAP leaders, had questioned the funding of the AAP before they were ousted from the party in April 2015.

29 Nov 2017 12:58 PM

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