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The 12, all from the Indian Revenue Service (IRS), included seven commissioners one of the topmost ranks in the Income Tax department; one joint commissioner, three additional commissioners and an assistant commissioner. (Photo: File)

12 top tax officials told to retire amid bribe, sexual harassment...

This is the first time the government has made such a move against so many officials accused of corruption and...

11 Jun 2019 9:05 AM IST

On being asked if he was being harassed by the Income Tax officers, Gowda said, I do not know the reality behind the letter alleging harassment by the IT officials written by him. (Photo: ANI)

Siddhartha could not have taken his own life': DV Sadananda Gowda

A letter, written by Siddhartha had surfaced on July 30, in which he alleged that he was harassed by previous...

31 July 2019 1:31 PM IST

V.G. Siddhartha

Assessing situation after disappearance of chairman V G Siddhartha:...

The company said Siddhartha is not reachable since Monday evening. 'We are taking the help of concerned authorities'.

30 July 2019 9:48 PM IST

(Photo: Facebook/ Mr. Success)

Acted as per IT Act': IT dept's replies to CCD founder VG Siddhartha's...

A senior ED official familiar with the development said, Probe against him was being done by IT dept, ED probe wasn't...

30 July 2019 8:38 PM IST

Many taxpayers donate one days salary or part of their income for noble purposes but do not declare these donations in their tax returns.

No changes made in ITR forms, only software updated: CBDT

The CBDT said that the software utility for e-filing of all the ITR forms has been released long back.

24 July 2019 4:41 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Tax paying should be a pleasurable experience: CBDT chairman

Revenue collection under the direct taxes head has grown and the total tax base has also increased to over 7 crore...

24 July 2019 3:40 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Taxpayers beware! Claiming false HRA through ITR may land you in...

The format of Form-16 has been changed to make it in sync with the format of Income Tax return (ITR).

17 July 2019 2:58 PM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

If you fail to file ITR by due date, you will be penalised, even get...

In case, you fail to file your ITR, the income tax department may send you a notice and you could be jailed.

15 July 2019 2:11 PM IST

The due date for filing of Income-Tax returns for assessment year 2018-19 is 31.07.2018 for certain categories of taxpayers.

Will income tax filing deadline be extended from July 31?

Tax payers have to pay special attention this year on account of the changes in the forms.

13 July 2019 1:41 PM IST

Under FATCA income tax department received data for calendar year 2016 from 39 countries covering nearly 1.2 lakhs persons. (Photo: ANI)

I-T dept working on issuing e-PAN on real-time basis

I-T department is working on a real-time PAN-TAN centre to further reduce the time required to allot PAN.

9 July 2019 8:36 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

2 pc TDS on cash withdrawals of over Rs 1 crore from Sep 1: Tax dept

If a person has already withdrawn Rs 1 cr or more in current fiscal, the 2 pc TDS shall apply on all subsequent cash...

31 Aug 2019 10:58 AM IST

Benami assets worth over Rs 150 crore allegedly belonged to Kuldeep Bishnoi and Chander Mohan, who are the sons of late former Haryana chief minister Bhajan Lal. (Photo: ANI)

I-T dept attaches Benami asset worth Rs 150 cr belonging to Kuldeep...

Last month, the agency had conducted searches at the residence and offices of Bishnoi in Adampur, Hisar and Gurugram.

27 Aug 2019 1:35 PM IST