IT department

After Misa Bharati, IT department attaches Lalu son Tejashwi Yadav’s Rs 40-crore Delhi house

After Misa Bharati, IT department attaches Lalu son Tejashwi Yadav’s Rs 40-crore Delhi house

The income tax (IT) department on Monday attached yet another Delhi-based property belonging to RJD chief Lalu Prasad Yadav's son Tejashwi Yadav in the benami assets case. 

Sep 12, 2017, 08:14 AM IST
File income tax returns by July 31, no plans to extend deadline: I-T department

File income tax returns by July 31, no plans to extend deadline: I-T department

The department requests taxpayers to file their return in time," the official said.

Jul 30, 2017, 19:05 PM IST
IT department may soon have a CPC for scrutiny cases

IT department may soon have a CPC for scrutiny cases

A senior revenue department official said the department wants to reduce interface between taxpayers and the department officers and is planning to set up a CPC.

Jul 30, 2017, 17:01 PM IST
Demonetisation: RBI processing old notes to verify numerical accuracy, says Arun Jaitley

Demonetisation: RBI processing old notes to verify numerical accuracy, says Arun Jaitley

The old 500 and 1,000 rupee notes are being reconciled and processed by the RBI for verifying numerical accuracy and authenticity and the progress is being closely monitored, Finance Minister Arun Jaitley said on Tuesday.

Jul 25, 2017, 18:32 PM IST

Verify online deposits made post demonetisation, income tax department asks taxpayers

Verify online deposits made post demonetisation, income tax department asks taxpayers. Watch the full segment for more details.

Feb 03, 2017, 00:01 AM IST
Taxmen can dig in past 10 years of returns to unearth black money

Taxmen can dig in past 10 years of returns to unearth black money

In a significant move to check blackmoney, Income Tax Department can now scrutinise income tax returns of previous 10 years if any search leads them to undisclosed deposits or property of over Rs 50 lakh.

Feb 02, 2017, 23:24 PM IST

18 lakh taxpayers to get Income Tax notices to explain large deposits

18 lakh taxpayers to get Income Tax notices to explain large deposits. Watch the full segment for more details.

Jan 31, 2017, 22:06 PM IST
Operation 'Clean Money': Crackdown begins; 18 lakh people to get IT notice if deposits don't match income

Operation 'Clean Money': Crackdown begins; 18 lakh people to get IT notice if deposits don't match income

The Income Tax department has identified 18 lakh people who have made 'suspicious' cash deposits post demonetisation, including those having deposited over Rs 5 lakh, and will send emails and SMSes seeking explanation about their source of funds.

Jan 31, 2017, 18:03 PM IST
Tax dept leans on Big Data to mark out multiple PAN holders

Tax dept leans on Big Data to mark out multiple PAN holders

To plug tax loopholes, the I-T department will use Big Data analytics to track down evaders by collecting information such as common address, mobile number and e-mail to establish relationship between their multiple PANs.

Jan 29, 2017, 12:17 PM IST

IT department tracing the cash deposited during note ban

IT department tracing the cash deposited during note ban. Watch this special segment and get to know more here.

Jan 19, 2017, 23:36 PM IST
Check out new design of PAN card with effect from January 1

Check out new design of PAN card with effect from January 1

Are you aware that income tax department has prescribed certain changes in the existing design of the PAN Card?

Jan 13, 2017, 15:03 PM IST
Note ban: I-T detects Rs 4,807 crore black income, seizes Rs 112 crore of new notes

Note ban: I-T detects Rs 4,807 crore black income, seizes Rs 112 crore of new notes

In what could be considered a huge success following the demonetisation move, the Income Tax department has so far detected Rs 4,807 crore in black income and even seized Rs 112 crore in new notes since November 8.

Jan 08, 2017, 20:09 PM IST

Big relief to housewives from IT department

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Jan 02, 2017, 23:52 PM IST
Jan Dhan Account deposits double to Rs 87K cr, I-T department dissects deposits movement

Jan Dhan Account deposits double to Rs 87K cr, I-T department dissects deposits movement

Deposits in Jan Dhan account have more than doubled to Rs 87,000 crore in 45 days post demonetisation, prompting the tax department to "dissect" information relating to such deposits, a top government official said.

Jan 01, 2017, 11:51 AM IST
I-T dept begins process of analysing deposits post note-ban

I-T dept begins process of analysing deposits post note-ban

The I-T department has begun the process to examine bank deposits and transactions to check possible black money instances and said once the last opportunity to declare funds in old notes under the PMGKY scheme ends it will be very tough for hoarders.

Dec 28, 2016, 22:57 PM IST

IT Department to take action against 67 lakh people for tax fraud

IT Department to take action against 67 lakh people for tax fraud . Watch the full segment for more details.

Dec 23, 2016, 15:47 PM IST

IT Department to take action against 67 lakh people for tax fraud

IT Department to take action against 67 lakh people for tax fraud . Watch the full segment for more details.

Dec 22, 2016, 23:16 PM IST
Demonetisation: Income Tax department seizes Rs 3,185 crore black money, Rs 86 crore in new notes

Demonetisation: Income Tax department seizes Rs 3,185 crore black money, Rs 86 crore in new notes

Waging war against black money hoarders, the Income Tax department has uncovered more than Rs 3,185 crore of black money and seized Rs 86 crore worth new notes in its country-wide drive since the demonetisation of high denomination Rs 500 and Rs 1,000 notes on November 8.

Dec 20, 2016, 20:10 PM IST

IT department sends notice to Axis bank branch over fake accounts case

IT department sends notice to Axis bank branch over fake accounts case. Watch the full segment for more details.

Dec 16, 2016, 23:34 PM IST
Massive IT raids across country: New, old currency seized in Bengaluru, Panjim, Faridabad, 4 arrested

Massive IT raids across country: New, old currency seized in Bengaluru, Panjim, Faridabad, 4 arrested

India is witnessing massive raids by the Income Tax Department post note ban decision by the government in order to arrest fake and black money holders.

Dec 14, 2016, 11:01 AM IST