Noida engineer Yadav Singh domesticate pigeons worth lakhs

The Income Tax Department has recently 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.

IT helpline on movement of large cash fails to make impact

The control room set up by Income Tax Department to enable citizens to report suspicious transactions or movement of large sums of money has evoked lukewarm response, and in one particular instance the facility was used out of personal enmity.

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.

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.

Act against cos which raised money through ponzi schemes: BJP

A ponzi scheme is a fraudulent investment operation that gives returns to its investors from their own money and not from profits of the operating companies.

Multiple agencies crackdown on Ponzi schemes, Saradha Group

Investigating wings Sebi, RBI, IT Department and Enforcement Directorate cracked down on Ponzi schemes and initiated action against Saradha Group under Prevention of Money Laundering Act (PMLA).

`Open inquiries` by IT at companies that invested in Gadkari`s Purti

The Income Tax department today conducted "open inquiries" at the premises of companies which invested in Purti Sugar and Power run by beleaguered BJP chief Nitin Gadkari and found many of their directors were people with small means like security guards and labourers.

IT search at premises of builders and jewellers

Income Tax department carried out search operations at premises of builders, jewellers and financers in Junagadh.

Einstein`s love letters, documents go online

A website launched by a university in Israel has catalogued more than 80,000 of Albert Einstein`s collected papers and notes and personal correspondence, including love letters.

IT department asks for over Rs 413 crore as tax from BCCI

The income tax department has demanded over Rs 413 crore as tax from the world`s richest cricket body, the BCCI as per its income assessment for the year 2009-10 of which only Rs 41 crore have been paid, an RTI reply has said.

IT to examine `ghost employees` in CWG OC

In fresh trouble for CWG Organising Committee, the IT department has sought details of appointment of over 2,000 people.

IT to examine `ghost employees` in CWG OC

In fresh trouble for CWG Organising Committee, the IT department has sought details of appointment of over 2,000 people.

Reddy bros’ acquaintance’s mining firm under I-T scanner

A 5 member team of IT department
officials on Tuesday probed transaction of bank accounts of a
private mining firm at Hospet, whose owners are said to be
close to mining magnate and Karnataka Minister G
Janardhana Reddy.

IT department to check PAN card details in Koda case

The Income Tax department,
investigating allegations of hawala transactions and
investments by former Jharkhand chief minister Madhu Koda, is
verifying details of PAN cards found during searches in
connection with the probe.