Income Tax Department

Former Co-Founder of CloudMagic Inc Rishit Jhunjhunwala Named Truecaller CEO

This comes on the same day as the Income Tax Department conducted multiple raids at the Indian offices on charges…

8 months ago

LS Elections 2024: ITD Seizes Record Rs 1100 Crore Cash And Jewellery

During the current Lok Sabha elections, the Income Tax Department has successfully seized a record-breaking Rs 1100 crore in cash…

1 year ago

PAN-Aadhaar Not Linked? TDS Penalty Deadline Extended: What Happens Next?

The Income Tax Department recently announced an extension in the deadline for imposing penalties related to non-deduction of double TDS…

1 year ago

IT Department deploys 100 officers in Uttarakhand for Lok Sabha Polls to curb black money

Ahead of the Lok Sabha elections, the Income Tax Department has deployed a team of 100 officers and employees in…

1 year ago

Avoid Penalties: Income Tax Warning – Dec 31 Last Date for ITR!

The Income Tax Department has issued a warning to taxpayers who missed the July 31 deadline to file their Income…

2 years ago

Delhi HC stays Income Tax proceedings against Oxfam India

The Delhi High Court has stayed the income tax reassessment proceedings against NGO Oxfam India. The court issued a notice…

2 years ago

Direct tax collections are up at Rs 6.53 lakh crore so far

Until now, Gross Direct tax collections in India in the financial year 2023-24 have seen steady growth with a total…

2 years ago

Income Tax surveys at BBC offices enters day 3

At least 10 senior employees of the BBC have not gone home since the IT department launched a ‘survey’ at…

2 years ago

“We are aware of search of BBC offices… by Indian tax authorities”: US

In a statement the United States revealed that they are aware of the searches being conducted at the offices in…

2 years ago

Income Tax surveys continued at BBC offices in Delhi and Mumbai

The Income Tax (IT) department continued its surveys on Wednesday at the offices of BBC in Delhi and Mumbai for…

2 years ago