An EPIC or Aadhaar document will now be enough for any individual to obtain PAN card as the Income Tax Department has relaxed the cumbersome procedure of having multiple documents to prove one's own identity.
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.
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.
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.
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.
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.
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.
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.
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.