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Taxman News

I-T dept defaulters list

29 Mar 2018

Income Tax Dept names and shames 24 defaulters owing Rs 490 crore in taxes

The notice, issued by a nodal office of the Principal Director General of Income Tax in Delhi, "advised" the named defaulters to pay their tax arrears immediately.

19 Feb 2018

PNB fraud: Income Tax Department attaches 7 properties of Mehul Choksi, Gitanjali group in Mumbai

In connection with Rs 11,400 crore fraud at state-run lender Punjab National Bank.

10 Feb 2017

CBDT to taxman: Step up TDS survey ops to boost collections

With the current financial year inching towards closure, CBDT has directed the taxman to step up survey operations to check non-deduction of TDS by firms and employers, especially in cases where such payments have dropped by more than 15 percent as compared to last time.

taxpayers grievances

30 Dec 2015

Expedite scrutiny cases below Rs 5 lakh: CBDT to taxman

In fresh moves to end taxpayers grievances, CBDT has asked the taxman to "expeditiously" complete those scrutiny cases where income concealed is uptoRs 5 lakh .

12 Jul 2015

File appeals on merit: CBDT to taxman

Disapproving of the 'casual' attitude of taxmen in filing appeals and pursuing litigation in important revenue matters, the CBDT has asked the I-T department to take legal recourse only in "deserving" cases.

India taxpayers

24 Jun 2015

No taxman can terrorise assesses of scrutiny: CBDT chief

Seeking to allay concerns of taxpayers, CBDT has asked them not to get terrorised by threats of their cases being wilfully chosen for "scrutiny" by the taxman as the procedure is fully electronic and devoid of any human intervention.

07 Jun 2015

Instill fear of jail and social censure in tax evaders: CBDT

Taxman should instill the fear of "incarceration, loss of liberty and social opprobrium" in tax evaders and prosecute them in large numbers to create a credible deterrence against the menace of black money, the CBDT says.

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