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Income Tax Authorities

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Rs 3,500 cr income tax notices: Cong gets SC relief

In a relief for the Congress, the Income Tax department on Monday told the Supreme Court that it will not take any coercive action against the opposition party for tax demand notices of Rs 3,500......

Income tax conducts searches at premises linked to TN minister Balaji

Income tax authorities on Friday launched coordinated searches across different locations in Tamil Nadu at individuals linked to state Electricity Minister V Senthil Balaji, with his brother, some......

After 3 days of income tax 'survey', BBC says...

The Income Tax authorities have left the offices of the BBC in New Delhi and Mumbai after three days of lengthy questioning of some of its staff, the United Kingdom-headquartered public broadcaster......

Income tax dept ends survey at BBC after nearly 60 hours

The income tax department's marathon "surveys" at BBC's offices ended on Thursday, after clocking nearly 60 hours, as officials took with them an inventory of financial data from select staffers......

Delhi HC dismisses Cong's pleas against tax proceedings

The Delhi high court on Thursday rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for a period of four years by tax authorities. Photograph:......

HUL gets Rs 963 cr Income Tax demand notice

Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax Department and will go in for an appeal against the order. Photograph: Philippe......

Income Tax department eyes foreign gold buyers

Financial details of Indians bringing in gold from abroad after duty payment will be shared by customs authorities with Income Tax department to check suspicious ferrying of the yellow metal into......

Tax notices to employees a 'discrepancy', says TCS

Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a “discrepancy,” and the tax department will be......

Tax clearance certificate is not for all: Govt clarifies

After social media outrage over a Budget proposal making it mandatory to get tax clearance certificates for going abroad, the government on Sunday clarified that the proposed amendment is not for......

Tax authorities flayed for error in assessment

CAG found irregularities in 340 high-value cases pertaining to corporation taxes to the tune of Rs 4,866 crore. Illustration: Uttam Ghosh/Rediff.com The Comptroller and Auditor General of India......

'The Income tax raids will not affect Baahubali 2'

Baahubali scriptwriter K V Vijayendra Prasad says the income tax raid on the film’s producers Shobhu Yarlagadda and Prasad Devineni will not hamper the shooting......

Mammootty, Mohanlal to settle income tax dues

Malayalam actors Mammootty and Mohanlal, whose premises had been raided by the Income Tax department, have admitted to having assets beyond their known sources of income. Both actors have agreed to......

Income Tax officials search Mohanlal's residence

After a four-day gap, Income Tax officials continued searches at Malayalam superstar Mohanlal's residence in Kochi. The officials began the search in the presence of the actor, who returned from......

Income Tax surveys at offices of IPL franchises

Income Tax authorities conducted surveys atoffices of Indian Premier Leaguefranchises Pune Warriors in Pune and Mumbai and Royal Challengers Bangalorein the southern city as part of their probe......

Income Tax raids on offices of IPL franchisees

In nation-wide raids on Wednesday, Income Tax sleuths swooped down on offices of Indian Premier League franchisees Kolkata Knight Riders, Chennai Super Kings, Deccan Chargers and Kings XI, and......

Messi latest name to attract interest of tax authorities

Lionel Messi's picture was on the front pages rather than the sports sections of the Spanish media on Thursday, after the World Player of the Year and his father were accused of tax fraud. The......

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