INCOME TAX

National Herald Case: Subramanian Swamy Moves Patiala House Court to Seek New Date

He had filed the case against Congress president Rahul Gandhi and his mother Sonia Gandhi in 2012. While addressing the media here, Swamy had said that it is about time that the Congress leaders were brought to book.

Tamil Nadu: Income Tax Officials Conduct Searches on VV Minerals and Owner S Vaikundarajan Properties

The raids started in the early hours of Thursday morning. VV minerals is one of the largest garnet exporting companies of India.

Guess This Chaat Vendor's Earnings! Patiala Chaatwala Earns in Crores, Income Tax Officials Raid Shop

The famous chaatwala had an undisclosed income of Rs 1.20 crore which baffled the tax officials. A discreet survey was conducted and Income Tax people were secretly monitoring the footfall at the shop.

Income Tax Payers to Be Rewarded Soon! Government Plans an Ambitious Policy to ‘Facilitate’ Honest, Consistent Taxpayers

Reports inform that a committee under the Central Board of Direct Taxes (CDBT) is working on a plan to decide parameters to reward benefits to taxpayers who pay their taxes on time and in full.

Quint Founder Raghav Bahl’s Home, Office in Noida Raided by Income Tax Department

Officials of Income Tax department raided properties belonging to media tycoon Raghav Bahl on Thursday morning.

Income Tax Slab & Rate for FY 2018–19: Calculate Tax Amount for Filing Your IT Returns Before Tomorrow

Before filing the income tax return, a taxpayer should know the IT slabs. No tax will be levied for individuals with income less than Rs 2,50,000.

ITR Filing for FY 2017–18 Last Date Tomorrow, Avoid These Common Errors While Filing Return to Stay Away From Income Tax Notice

Income Tax Returns: Government Extends Deadline for Kerala Till September 15

CBDT had earlier extended the deadline for filing of Income Tax Returns (ITR) from July 31 to August 31.

National Herald Case: Delhi High Court Refuses Relief to Rahul Gandhi

The Delhi High Court on Wednesday did not grant any relief to Congress president Rahul Gandhi in connection with the National Herald case.

Income Tax Returns for FY 2017–18 Doubles, Refunds Up by 80 Percent Before the Last Date of ITR Filing

However, if you file your ITR after the above mentioned date, you will have to pay a fine of Rs 5,000

Congress to Abolish Income Tax For People Under 35 if it Wins 2019 Polls? Party Denies Reports

Congress spokesperson Randeep Surjewala on Friday denied reports that Congress is contemplating abolishing income tax if it comes to power in the 2019 polls.

New Income Tax Slabs 2018-19 News Updates: Impact of Budget 2018 on Income Tax Exemption & Rates

Impact of Budget 2018 on Income Tax Exemption & Rates - No Change in Tax Slab for Salaried Individuals!

I-T Raids on Tamil Nadu Contracting Firm, Rs 100 Crore Cash, 90-kg Bullion Seized

The searches were launched on the premises of Ms SPK and Company, a partnership firm engaged in road and highway construction, on contract from the government.

Yogendra Yadav's Nephew Bought Jewellery Worth Rs 6 Lakh From Nirav Modi's Showroom

Yogendra Yadav accused the Narendra Modi government of targeting his family.

CBI Books Pune-Based Income Tax Officer for Disproportionate Assets

The Central Bureau of Investigation (CBI) has registered a Disproportionate Assets (DA) case against Pune-based Income Tax (Audit) officer and his wife, on charges of acquiring property during 2010-2016 through unknown source of income.

Government Launches New Reward Scheme! Now Get Up to Rs 5 Crore for Information on Benami Transactions

The government on Friday launched a new reward scheme under which a person can get maximum of Rs five crore for information on 'benami' (proxy) transactions and properties.

Karnataka Political Drama: Shiv Sena Says Fight for Power Has Made Politics Dirty

Amidst the political turmoil in Karnataka following the Assembly election results, the Shiv Sena on Wednesday commented that the horse-trading and bribing allegations were maligning the state's political atmosphere and consequently, India's image in the world.

ICICI Bank-Videocon Loan Case: Income Tax Department Questions Venugopal Dhoot

Dhoot was responding to the summons issued by the I-T Department recently and was questioned by officials at its south Mumbai office for around four hours on Tuesday.