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.