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Income Tax Department
Business  /  Published 24.03.22

Hero Moto calls tax visit routine

A visit by India’s income tax authorities to the offices of motorcycle maker Hero Motocorp Ltd and the home of its chief executive, Pawan Munjal, on Wednesday was part of a “routine inquir...
By Reuters, PTI in New Delhi

India  /  Published 23.03.22

IT raid on Hero Motorcorp

The Income Tax Department is conducting raids on multiple premises of Hero Motorcorp as part of a tax evasion investigation against the country's largest two-wheeler automobile manufacturer, offic...
By Our Bureau, PTI in New Delhi

India  /  Published 20.03.22

I-T detects tax evasion worth crores

The Income Tax department has detected undisclosed income of about ₹ 224 crore after it recently raided a unicorn start-up group based in Pune and Thane in Maharashtra, the CBDT said on Su...
By Our Bureau, PTI in New Delhi

Business  /  Published 12.01.22

More time for ITR filing

The government on Tuesday extended till March 15 the deadline for corporates to file income tax returns for the fiscal ended March 2021. The deadline to file tax audit report and transfer pricing aud...
By Our Special Correspondent in New Delhi

India  /  Published 11.01.22

ITR deadline extended

The government on Tuesday extended till March 15 the deadline for corporates to file Income Tax returns for the fiscal ended March 2021. The deadline to file tax audit report and transfer pricing aud...
By Our Bureau in New Delhi

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Business  /  Published 31.12.21

Over 1000 cr penalties on foreign mobile companies

The Income Tax Department has detected alleged unaccounted income worth over Rs 6,500 crore after it recently raided some "foreign-controlled" mobile communication and handset manufacturing ...
By Our Bureau, PTI in New Delhi

Business  /  Published 30.12.21

Faceless appeal rules relaxed

The income-tax department has brought in changes to the existing faceless appeal scheme easing the process for taxpayers wanting a personal hearing through video conference while appealing against a t...
By Our Special Correspondent in New Delhi

Business  /  Published 28.10.21

Tax form to grab more disclosures

High-value financial transactions and additional information like foreign remittances, off market transactions, information about purchase of mutual funds among others would be reflected in the Form 2...
By Our Special Correspondent in New Delhi

India  /  Published 21.09.21

IT: Newslaundry data safe with us

The Delhi High Court Tuesday said the Income Tax department is bound by its assurance to maintain the confidentiality of the material seized during a survey operation at news portal Newslaundry's ...
By Our Bureau, PTI in New Delhi

India  /  Published 18.09.21

Tax evasion cloud on Sonu Sood

The CBDT on Saturday alleged that actor Sonu Sood and his associates evaded tax of Rs 20 crore and claimed that after the Income Tax Department raided him and a linked Lucknow-based infrastructure gro...
By Our Bureau


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