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Income Tax Commissioner

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1 killed in Delhi income tax office blaze; officials say no data loss in fire

A 46-year-old income tax officer died while six people were rescued after a massive fire broke out at the Income Tax CR Building at ITO in central Delhi Tuesday afternoon, the police said. IMAGE:......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

Sunita not interested in politics, won't contest polls: Kejriwal clarifies

Delhi Chief Minister Arvind Kejriwal made it clear on Wednesday that his wife Sunita is not likely to contest elections in the future, saying she has no interest in active politics even though she......

SC questions HC order in Congress's tax case

The Supreme Court on Monday questioned the Delhi high court's decision asking the Congress party to approach the Income Tax Appellate Tribunal for a stay on Income Tax demand notice for recovery of......

HC asks Swamy, Sonia, Rahul to file note on plea in National Herald case

The Delhi high court asked Bharatiya Janata Party leader Subramanian Swamy and Congress leaders Sonia Gandhi and Rahul Gandhi to file a short note on the submissions in the National Herald case.......

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......

Taxmen allowed to waive or reduce interest due from assessee with riders

The income tax department has allowed tax officials to either waive or reduce interest payable by a taxpayer, subject to specified conditions. Illustration: Dominic Xavier/Rediff.com Under the......

Vivad Se Vishwas 2.0 to ease litigation woes

The Union finance ministry on Thursday notified the Direct Tax Vivad Se Vishwas Scheme, 2024, which will come into effect on October 1. Photograph: Jitender Gupta/ANI Photo This scheme will allow......

Vivad Se Vishwas 2.0 will start from Oct 1

The government has notified October 1 as the starting date for direct tax dispute resolution scheme Vivad Se Vishwas 2.0. Illustration: Dominic Xavier/Rediff.com Vivad Se Vishwas scheme 2.0 was......

Make Tax Officials Accountable!

'Tax officials view most taxpayers as evaders.''The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection......

HC grants relief to Big-B in 2002-03 tax case

Observing that review under the garb of reassessment was not permissible in law, the Bombay High Court has granted relief to mega star Amitabh Bachchan by dismissing an appeal filed by the Income......

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