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Indian Tax Dept

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May have under-reported India income, BBC tells tax dept

British broadcaster BBC has communicated to the income-tax department that some of its past income, for its operations in India, could have gone unreported during the statutory filing of returns......

Body massager can't be used as sex toy: HC raps Customs dept

A body massager cannot be categorised as an adult sex toy and hence cannot be included in the list of items prohibited for import, the Bombay high court has said. Image only for representation.......

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

The Income-tax department raids being carried out against an Odisha-based distillery firm owned by a Congress MP's family, and some linked entities, ended early on Friday, capping ten days of......

3-day survey found many tax-linked irregularities at BBC, says I-T dept

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign......

Blow to Sonia, Rahul as SC allows I-T dept to reopen tax case

The Supreme Court on Tuesday allowed the Income Tax Department to reopen the tax assessment of top Congress leaders Rahul and Sonia Gandhi for 2011-12 in connection with the National Herald case.......

HSBC gets summons from Indian Tax Dept; fears significant fines

This case relates to some NRIs facing investigation in the US for alleged violation of the American tax laws. Facing a multi-nation probe for ‘alleged tax evasion, money laundering and......

Tax dept issues notice to Anil Ambani for Rs 814 cr in 2 Swiss bank accounts

The income tax department has sought to prosecute Reliance Group chairman Anil Ambani under the Black Money Act for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs......

Service tax dept charges Indian arm of Microsoft

The service tax department has charged the Indian arm ofMicrosoft with evading taxes to the tune of Rs 128 crore (Rs 1.28 billion) during 2006-07 and has asked to pay Rs 256 crore (Rs 2.56......

Nokia tax case: Income Tax dept moves HC for clarification

The Income Tax department on Friday moved the Delhi High Court seeking "directions/clarifications" of the December 12 order by which the assets of mobile phone handset maker Nokia in India......

Income Tax dept dismisses Nokia's appeal

Indian authorities have dismissed Nokia's appeals against an income tax bill of Rs 2,080 crore (Rs 20.8 billion), the phone company said on Friday, a setback for its efforts to resolve the dispute......

Service Tax dept demands Rs 536 crore, BCCI takes legal route

A policeman walks past a logo of the Board of Control for Cricket in India (BCCI) during a governing council meeting of the Indian Premier League (IPL) at BCCI headquarters in Mumbai. Photograph:......

'This is the best year I've ever had on tour'

Leander Paes won the battle of Indians as well as his 10th Grand Slam title after defeating old pal Mahesh Bhupathi and Mark Knowles in the US Open men's doubles final along with his partner Lukas......

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