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I-T dept detects Rs 19,000 crore black money in ICIJ, HSBC cases

I-T dept detects Rs 19,000 crore black money in ICIJ, HSBC cases

Finance Minister Arun Jaitley said investigations into information, put into public domain by the ICIJ, pertaining to about 700 Indian persons allegedly linked to offshore entities based in no tax or low tax jurisdiction, have led to detection of more than Rs 11,010 crore of credits in undisclosed foreign accounts.

Nitish Kumar should come back to NDA for Bihar's development: LJP

Talking to ANI, LJP leader Chirag Paswan said, "If we want development of Bihar, it's very important for Nitish Kumar to come back to NDA and give us a Lalu and family free Bihar.

Demonetisation: I-T dept identifies another 5.56 lakh individuals under Operation Clean Money

Demonetisation: I-T dept identifies another 5.56 lakh individuals under Operation Clean Money

The information in respect of the cases and accounts identified has been made available in the e-filing window of the PAN holder in the e-filing portal of the I-T department.

Find out potential taxpayers; focus on smaller cities: CBDT to taxmen

Find out potential taxpayers; focus on smaller cities: CBDT to taxmen

Data from the intelligence and criminal investigation wing of the department and from the operation clean money should also be used, he said, to send "request letters" to all potential taxpayers expeditiously and in a time-bound manner.

Money Guru: You need to disclose these details while e-filing IT return

This segment of Money Guru tell about the details that you need to disclose while e-filing Income Tax return (ITR). You need to disclose the amount, above Rs 2 lakh, deposited in the bank account during demonetisation. Watch full video to know more.

Money Guru: Know how you can e-file your IT return

This segment of Money Guru explains how you can file your Income Tax return online without the help of a charted accountant. The last day for filing ITR is July 31. Watch full video to know more.

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Now track TDS, pay taxes and apply for PAN via 'Aaykar Setu'

Now track TDS, pay taxes and apply for PAN via 'Aaykar Setu'

The new initiative is a step by the I-T department to directly communicate with the taxpayers on a range of multiple informative and useful tax services aimed at providing tax information at their fingertips.

Aadhaar mandatory for social schemes? Supreme Court ruling to come today

Aadhaar mandatory for social schemes? Supreme Court ruling to come today

The Supreme Court on Friday is likely to pass an order whether or not Aadhaar Card is mandatory for availing government social benefit schemes.

High Court seeks Income Tax department reply on Delhi Minister Satyender Jain's plea

Justice Vibhu Bakhru issued notice to the income tax department and directed it to file an affidavit on Jain's plea and listed the matter for hearing on October 11.

Credit card bill payment exempt from cash dealing limit of Rs 2 lakh

Credit card bill payment exempt from cash dealing limit of Rs 2 lakh

Restrictions on cash dealings of Rs 2 lakh or more will not apply to credit card bill payments, business correspondents appointed by banks and issuers of prepaid instruments, the revenue department has said.

Gutkha 'payout' row rocks Tamil Nadu Assembly, Opposition walks out

DMK members, waving newspaper clippings, raised slogans demanding a debate, but Speaker P Dhanapal ruled that matters based on media reports cannot be discussed.

Lalu Prasad's daughter Misa Bharti joins Income Tax probe, day after department attached 'benami' properties

Lalu Prasad's daughter Misa Bharti joins Income Tax probe, day after department attached 'benami' properties

On Tuesday, the Income Tax Department charged six family members of Lalu Prasad, including wife, son and daughters, under the new and stringent Benami Transactions Act.

Cairn tax dispute: I-T dept orders recovery of Rs 10,000 crore

Cairn tax dispute: I-T dept orders recovery of Rs 10,000 crore

The Income Tax Department has ordered coercive action against Cairn Energy Plc to recover Rs 10,247 crore of retrospective tax after the British oil firm lost a challenge to the move before an international arbitration panel.

Income tax mop-up begins on strong footing, up 26.2% till date

Income tax mop-up begins on strong footing, up 26.2% till date

Net income tax collection till June 15 grew at a healthy 26.2 percent to Rs 1,01,024 crore from across the country as of June 15 from Rs 80,075 crore in the year ago period.

Money laundering row: Lalu Yadav's daughter Misa Bharti to appear before IT Department today

Money laundering row: Lalu Yadav's daughter Misa Bharti to appear before IT Department today

Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav's daughter Misa Bharti will be appearing before the Income Tax department on Monday, in connection with the money laundering case registered against her.

I-T's just a click away; tax scrutiny reply set to get easier

I-T's just a click away; tax scrutiny reply set to get easier

Replying to income tax scrutiny notices with supporting documents will soon be just a click away.

Aadhaar must for ITR filing, new PAN from July 1: CBDT

Aadhaar must for ITR filing, new PAN from July 1: CBDT

If the PAN is cancelled, then a person cannot do his normal banking and financial operations and hence this relief is given.

Cairn approaches international panel for injunction against I-T dept

Cairn approaches international panel for injunction against I-T dept

Cairn Energy plc has approached an international arbitration panel seeking an injunction against Indian income tax department initiating proceedings to recover Rs 10,247 crore in retrospective tax.

Money laundering case: IT Dept. issues show cause notice to Misa Bharti

Money laundering case: IT Dept. issues show cause notice to Misa Bharti

Bharti and her husband were summoned by the Income Tax Department in connection with a 'benami' assets case.

Lucknow: Baba Saheb Bhimrao Ambedkar University professor lands in soup over 'unaccounted money'

Lucknow: Baba Saheb Bhimrao Ambedkar University professor lands in soup over 'unaccounted money'

A professor BBAU and his assistant have been sent to 14-day judicial custody for demanding Rs. 50,000 in the name of getting a contract renewed.