Monday, Feb 06, 2023 | Last Update : 10:31 PM IST

income tax Page-5

Delhi HC rejects Rahul, Sonia's plea against tax reassessment of FY 2011-12

The court noted that the IT department has the power to reopen tax proceedings.

11 Sep 2018 12:13 PM

Publicise action against corrupt I-T officials, says Modi

The Prime Minister directed officials to sensitise their counterparts to be more people-friendly and fast-track their cases.

07 Sep 2018 1:35 AM

SC comes down hard on IT department, says court is not a 'picnic place'

"You cannot treat the Supreme Court like this," the bench said.

02 Sep 2018 3:10 PM

PNB in talks with I-T, excise departments to sell erstwhile headquarters

The lender expects to raise nearly Rs 700-800 crore from the sale of its earlier head office in the national capital.

08 Aug 2018 7:32 PM

IT Dept detects undisclosed income of Rs 125 crore under FATCA

IT Department has recommended penalties under Section 43 of the Black Money Act in over 700 cases.

02 Aug 2018 2:50 PM


Govt-approved valuers held in diamond racket

Apart from the GJEPC, the income tax department can also be a valuator.

14 Jul 2018 5:14 AM

Income of spiritual leaders under I-T lens

The venues are booked for the event for several lakhs of rupees and the decoration is also equally expensive.

07 Jul 2018 1:35 AM

Reliance Industries becomes India's largest tax payer in private sector

RIL's consolidated net profit for the fourth-quarter of fiscal 2017-18 stood at Rs 9,435 crore.

05 Jul 2018 3:47 PM

It’s time govt shows the middle class some love

The income-tax structure also reveals an implicit lower bound for middle class income.

30 Jun 2018 5:20 AM

Six rescued in fire at I-T office in Scindia House

As many as 16 fire engines were pressed into operation to douse the fire.

02 Jun 2018 1:44 AM


NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

Bhushan Steel owed its lenders about Rs 56,000 crore and was among the 12 big loan defaulters identified by the Reserve Bank of India.

30 May 2018 1:58 PM

Court: I-t dept can’t cancel registration

The organisation had complained that the IT department, had arbitrarily cancelled the organisations registration.

18 May 2018 1:28 AM

Subramanian Swamy wants I-T abolished to ease burden

He said most taxpayers are the middle class and startup entrepreneurs and it amounts to harassment for them.

12 May 2018 12:26 AM

Journalist Rai booked in extortion case: CBI

He also gave his credentials as a senior journalist to Wadhawan, who was connected to big media houses.

06 May 2018 7:34 AM

Agencies to crack down on Nirav Modi’s aides

Modi, Mehul Choksi and others are being investigated by multiple agencies after the Punjab National Bank disclosed a multi-crore fraud.

02 May 2018 2:25 AM


GST, note ban brought 1.8 mn more people into I-T net: India

GST has led to a 50 per cent increase in the number of indirect taxpayers.

27 Apr 2018 12:27 PM

HC raps IT officer for issuing notice to court administrator

The officer was let off after he tendered an apology to the court.

27 Apr 2018 2:12 AM

Central Board of Direct Taxes amends Section 16 of Income Tax Act

The pension received by a taxpayer from his former employer is taxable under the head 'Salaries'.

05 Apr 2018 2:37 PM

Plea in Delhi HC against Aadhaar requirement for e-filing returns

The Delhi Court on Wednesday sought the Centre's and tax authority CBDT's response.

04 Apr 2018 7:13 PM

LTCG tax, other Budget proposals to kick in from April 1

Presently, no tax is applicable on Rs 19,200 of transport allowance and medical expenditure of up to Rs 15,000.

30 Mar 2018 1:34 PM