News WrapGet Handpicked Stories from our editors directly to your mailbox

IT department

5W1H: Watch top news with research and latest updates, 9th April,2019

This is a special segment of 5W1H by Zee News which brings to you news with research and latest updates. Watch this video to know more.

Apr 09, 2019, 17:20 PM IST

5W1H: Illegal transaction of Rs 753 crore in 4 states: IT Department

According to IT department, Illegal transaction of Rs 753 crore took place in 4 states.

Apr 09, 2019, 16:32 PM IST

Election Commission, IT Department harassing me, my family: Karnataka Chief Minister HD Kumaraswamy

The Static Surveillance team of the EC Wednesday stopped the Chief Minister's SUV on the highway while he was on his way to Hassan.

Apr 05, 2019, 11:45 AM IST

IT department attach several properties belonging to BSP chief's close aide Netram

The Income Tax Department will attach several properties belonging to Bahujan Samaj Party chief Mayawati's close aide Netram. The raids, held last week, were conducted across 20 properties Delhi, Mumbai, Kolkata, and Noida.

Mar 19, 2019, 14:54 PM IST

IT department raids residences of 4 members from real estate industry in Chennai

The raids are being conducted on suspicion of tax evasion and money laundering.

Feb 21, 2019, 11:05 AM IST

IT Department raids TDP leader CM Ramesh's house

The Income Tax (IT) Department carried out raids at Telugu Desam Party's MP CM Ramesh's house on Friday. 

Oct 13, 2018, 00:08 AM IST

SC slams IT department, says apex court is not a 'picnic place'

The IT department apparently made a misleading statement about the pendency of an appeal.

Sep 02, 2018, 17:10 PM IST

Outstanding tax from BCCI could go up to over Rs 860 crore

The outstanding tax demand by the income tax department on the Board of Control for Cricket in India may go up to over Rs 860 crore, according to an RTI reply from the department.

Jan 19, 2018, 20:07 PM IST

Bitcoins: IT notices to 4-5 lakh HNIs across the country

The department, official sources said, found that out of the estimated 20 lakh entities registered on these exchanges, about 4 to 5 lakh were "operational" and indulging in transactions and investments.

Dec 18, 2017, 17:47 PM IST

After Misa Bharti, 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

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

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

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

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

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

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

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