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Radia tapes: Ratan Tata, Cyrus Mistry to be examined

Last Updated: Thursday, April 03, 2014, 20:29

Ratan Tata and Cyrus Mistry will be examined by CBI in connection with Radia tapes.

Madhu Koda`s house searched by IT

Last Updated: Wednesday, April 02, 2014, 22:18

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 signs APAs with 5 MNCs, more pacts in offing

Last Updated: Sunday, March 30, 2014, 13:52

Seeking to reduce litigations and promote foreign investments, the Income Tax department has signed Advance Pricing Agreements with 5 multinational firms and plans to enter into more such pacts.

CBI arrests top I-T officer, husband, two others for bribery

Last Updated: Saturday, March 29, 2014, 18:29

A deputy commissioner of Income Tax department has been arrested along with her husband, a BJP leader, and two others by CBI here for allegedly accepting a bribe of Rs 10 lakh from a complainant.

IT Dept surveys Sesa Sterlite offices on tax refund claims

Last Updated: Friday, March 21, 2014, 21:13

The Income Tax Department on Friday conducted 'survey' at different offices of Sesa Sterlite, the main operating company of London-listed Vedanta Resources, in connection with about Rs 1,500 crore tax refund claimed by the company.

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

Last Updated: Friday, March 21, 2014, 17:57

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.

I-T dept creates 56 new ASK offices for taxpayers

Last Updated: Wednesday, March 19, 2014, 16:39

In order to create better facilities for taxpayers, the Income Tax department has created 56 new outreach centres across the country during this financial year.

CBI working with 'crazy logic', ignoring facts: Bhave

Last Updated: Wednesday, March 19, 2014, 13:45

Hitting back at CBI for launching an enquiry against him on the basis of an already disposed of I-T probe, former Sebi chief C B Bhave says the agency was working with a "crazy logic" and has ignored the fact that the tax department itself found no merit in the case years ago.

Advance tax: Banks, cement cos falter, but IT firms payout up

Last Updated: Tuesday, March 18, 2014, 23:04

The ongoing gloom on economic front has led to concerns on advance tax collections from banking and cement sectors, but information technology companies seem to be delivering well, Income tax officials said Tuesday.

Cairn Energy suspends share buyback due to tax dispute

Last Updated: Tuesday, March 18, 2014, 16:11

Cairn Energy had in October last year announced a USD 300 million programme to buy-back shares for cancellation.

IT raids on three business houses, recovers Rs 60 cr

Last Updated: Saturday, March 01, 2014, 00:55

Income Tax department has recovered Rs 60 crore of undisclosed income from three business houses following a raid at 35 places in the state, sources said.

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

Last Updated: Sunday, February 23, 2014, 20:57

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.