16 lakh refunds worth crores lying unclaimed at I-T CPC

 A whopping 16 lakh refunds worth crores of rupees are lying unclaimed at the Income Tax department's central database centre for e-filing for want of "correct data from taxpayers".

Heightened vigil to check black money flow during Delhi polls

Central revenue department officials have raised vigil to check any flow of black money from air and land transit points ahead of the upcoming Assembly elections here.

Blackmoney case: Court summons Moin Qureshi, staff as accused

 Controversial businessman Moin Ahmed Qureshi was on Friday summoned as accused by a Delhi court in a black money case filed by the Income Tax Department for allegedly not disclosing his income of nearly Rs 20 crore.

CBI busts IT dept bribery scam, arrests senior officer, 3 others

Claiming to have unearthed a major bribery scandal in the Income Tax Department's Investigation Wing, the CBI on Sunday said it arrested a Chennai-based Joint Commissioner, two chartered accountants and a businessman.

Departmental proceedings against Jaya in IT case withdrawn

The Income Tax departmental proceedings against AIADMK chief Jayalalithaa and her close aide Sasikala in four cases have come to an end, as the final orders were passed by department on accepting the compounding fee.

PM's Good Governance: I-T dept to hold public meets every Wednesday

The Income Tax department will hold public meetings every Wednesday to resolve taxpayers grievances and tax issues as part of the 'Good Governance' initiative mooted by Prime Minister Narendra Modi.

IT dept raids Noida engineer's house; seizes property worth hundred crores

The Income Tax Department on Thursday raided the residence of Noida Authority's engineer-in-chief Yadav Singh and recovered over Rs 10 crore in cash and jewellery worth Rs 100 crore.

Blackmoney in polls: I-T to deploy spl teams on EC directives

 The Income Tax department will deploy special teams and minutely scrutinise bank accounts during the forthcoming Assembly polls in four states after the Election Commission (EC) recently issued fresh guidelines for ensuring financial transparency during polls.

BJP MP Giriraj Singh`s house robbed; 4 arrested, 1.14 crore cash seized

Four persons were on Tuesday arrested in connection with a burglary in BJP MP Giriraj Singh`s house in Patna and Rs 1.14 crore cash, 600 US dollars, gold and silver jewellery and six luxury watches purportedly stolen were also recovered from them.

No inquiry pending against Gadkari: IT Department

The Income Tax department has said that there is no inquiry or investigation presently pending with it against former BJP President Nitin Gadkari.

Madhu Koda`s house searched by IT

Former Jharkhand chief minister Madhu Koda`s residence was today searched by a team of Income Tax officials in West Singhbhum district head-quarters town of Chaibasa.

I-T dept website to get a face-lift, invites suggestions

The Income Tax department is set to overhaul its official website for better taxpayer interface and has invited suggestions from public in order to make the portal more user friendly.

No tax evasion angle to probe in Radia tapes: I-T to SC

The Income Tax department has found no instance of tax evasion after going through the entire range of intercepted conversations of corporate lobbyist Niira Radia on directions of the Supreme Court in connection with the 2G case.

HC to hear PIL on IPL match-fixing `in chamber` next week

A division bench of Bombay High Court on Wednesday decided to hear a public interest litigation seeking a joint probe by central agencies, such as Income Tax department, Enforcement Directorate and CBI, into the alleged nexus of cricket players and bookies in the judges` chamber.

IT dept to monitor movement of black money during Rajasthan polls

Income Tax department has formed verifications cells in all 33 districts of Rajasthan to monitor movement of black money during the upcoming Assembly election in the state.

CBI asks I-T dept to look into assets of Mulayam`s son, wife

After closing the disproportionate assets probe against Mulayam Singh Yadav, CBI has asked Income Tax department to probe into alleged benami properties acquired by the Samajwadi Party leader`s wife in the name of her son Prateek.

Vivek Oberoi is the new tax defaulter of Bollywood!

After film maker Ram Gopal Varma getting grilled by the Income Tax department for alleged tax evasion a few weeks ago, it is now the turn of film actor Vivek Oberoi.

Court sentences taxman to 2 yrs RI for forgery in I-T returns

A special CBI court in Guwahati has sentenced an Income Tax department official and another person to two years of rigorous imprisonment.

Two former officials of IT dept awarded 2 yrs RI

A CBI court on Thursday sentenced two former officials of the Income Tax department to two years rigorous imprisonment in a graft case.

Parthiv is not taking up any peon`s post in IT dept: Father

Parthiv Patel`s father Ajay Patel has vehemently denied media reports that his son is willing to take up the post of Multi Tasking Staff (MTS) with the state Income Tax department.