April 12, 2021 12:40 (IST)
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Deepika Padukone steps down as MAMI chairperson | India records 1,68,912 COVID-19 cases in past 24 hours, 904 deaths | Maharastra CM Uddhav Thackeray meets Covid-19 task force, no decision on lockdown so far | Telangana writes to Centre flagging Covid-19 vaccine shortage | UP govt restricts gatherings at religious places amid Covid surge

DMK chief MK Stalin's son-in-law raided by IT officials in Tamil Nadu

Chennai/IBNS: DMK chief MK Stalin's son-in-law Sabareesan was on Friday raided by Income Tax officials at Chennai in poll-bound Tamil Nadu, media reports said.

IT raids in 2 Chennai-based groups reveal over Rs 1,000 cr undisclosed income : CBDT

Chennai/UNI: The Central Board of Direct Taxes (CBDT) today said the Income Tax raids at two Chennai-based groups, including leading bullion trader in Tamil Nadu, led to the detection of undisclosed income of more than Rs 1,000 crore.

I-T raids on Congress MLA's office in Madhya Pradesh unearth over Rs 450 crore in undisclosed income

Bhopal/IBNS : The Income Tax department today raided the office premises of a Congress leader in Madhya Pradesh and recovered more than Rs 460 crore in undisclosed income, said media reports.

Family and commerce run hand-in-hand for Congress: Ravi Shankar Prasad

 New Delhi/UNI: The BJP on Saturday blasted the Congress party and the Gandhi family in the wake of the Income Tax Appellate Tribunal's decision on Friday and said for Congress, family and commerce run hand-in-hand, and that they are integrally linked and given a political color.

This is a budget for all Indians: Narendra Modi

New Delhi, Feb 1 (IBNS): Praising his government's budget, Indian Prime Minister Narendra Modi on Friday described it as a 'budget for all Indians'.

National Herald case: SC allows I-T to continue tax reassessment of Sonia, Rahul Gandhi

New Delhi, Dec 4 (IBNS) : The Supreme Court on Tuesday allowed the Income Tax department to re-open the tax assessments of Congress chief Rahul Gandhi and UPA chairperson Sonia Gandhi for  2011-2012 in connection with the National Herald case, media reports said.

IT officials conduct raids in Jayalalithaa's house in Chennai

Chennai, Nov 18 (IBNS): The Income Tax (IT) officials conducted raids in former Tamil Nadu chief minister late J Jayalalithaa's Poes Gardens residence on Friday evening, media reports said.

CBI raids 23 premises in Bengal, Jharkhand in corruption case against IT official

Kolkata/Ranchi, Jul 12 (IBNS) : The CBI on Wednesday conducted raids at 23 locations in West Bengal and Jharkhand in connection with a corruption case registered against the principal commissioner of Income Tax and others, media reports said.

After Kochi raid, IT looks to raid in Nagaland

Guwahati, June 11 (IBNS): Several politicians and bureaucrats of Nagaland now are under Income Tax (IT) department scanner after the IT unearthed over Rs 1000 crore of an ex- Nagaland police official owned group in Kochi in Kerala.

About 60,000 individuals to get notice as second phase of operation against black money starts today

New Delhi, Apr 14 (IBNS) : About 60,000 individuals, identified by the Government, will get notice soon as the Income Tax department launches the second phase of the 'Operation Clean Money' to detect black money in the post-demonetisation period, media reports said.

Delay in filing audited returns may lead to political parties lose tax exemptions

New Delhi, Feb 2 (IBNS): Political parties have to file audited returns by December every year or risk losing tax exemptions, said Revenue Secretary Hasmukh Adhia, according to media reports on Thursday.