MNCs may have to disclose details of HQ ops to I-T dept

Multinational companies operating in India will soon have to disclose details of their operations at the country of residence and their revenue income to the Income Tax authorities.

I never threatened I-T officials: Nitin Gadkari

Nitin Gadkari Sunday denied he had threatened income tax authorities.

'Banks sharing data with IT dept will help deter tax evasions'

Banks agreeing to share data with the income tax authorities will help in checking accumulation of black money and keep tax evaders at bay, industry body Assocham said on Thursday.

I-T authorities can dissect any takeover deal: SC

The Supreme Court on Thursday said income-tax (I-T) authorities can go behind a deal to ascertain whether it is a genuine and legal transaction or something else dressed up as a business deal.