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IT dept can check WhatsApp, email only during...: Sources

The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to......

Who is Justice Yashwant Varma, at centre of cash discovery row?

Delhi high court's Justice Yashwant Varma, who courted controversy over the alleged discovery of cash from his official residence, was appointed a high court judge in 2014 and transferred to the......

India appeals UK court ruling on Bhandari extradition

The Indian government as respondent in Sanjay Bhandari extradition case has sought permission from the London high court to appeal against the discharge of the defence sector consultant wanted in......

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......

The North-South Battle Gets Ugly

With its age-old fascination for education, southern states have done better than the North.Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South.Nearly 79% of......

Single Tax-Return Rule May Return!

'Bringing it back will help prevent reassessments of the income already disclosed.' Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Nataliya......

I-T Dept slaps Rs 944 cr penalty on IndiGo

The Income Tax Department has slapped a penalty of Rs 944.20 crore on IndiGo, which said it will contest the order that is "erroneous and frivolous". Kindly note the image has been posted only for......

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......

What Indian taxpayers want from CBDT

An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has "largely" received suggestions for "simplifying" the language, better "structuring"......

Sensex May Hit 105,000 by Dec 2025

The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable. Illustration: Dominic Xavier/Rediff.com At a time when the global markets, including India, have been on......

Real Madrid coach Ancelotti's tax evasion trial begins

IMAGE: The prosecutor is seeking a prison term of four years and nine months for Ancelotti and a fine of 3.2 million euros. Photograph: Ana Beltran/Reuters Real Madrid coach Carlo Ancelotti told a......

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......

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