Income Tax department

The Income Tax (I-T) department on Wednesday initiated raids at more than ten corporate companies here for allegedly evading taxes and submitting wrong inputs.

The Income Tax department is conducting searches on the premises of contractors of Tamil Nadu Generation and Distribution Company (Tangedco), on Wednesday.

The Income Tax Department's raid at Samajwadi Party leader Azam Khan's Rampur residence in Uttar Pradesh continued for the second day on Thursday.

As many as 6.98 crore income tax returns (ITRs) have been filed till September 5, out of which 6.84 ITRs have been verified for the assessment year 2023-24, the government said on Tuesday.

Days after several income tax payers had received notices for wrongly claiming tax deductions under Section 80 P, the Income Tax Department has clarified that they were sent to them by mistake.

Ahmedabad-based asset reconstruction company (ARC), CFM, one of the four ARCs that were searched by the Income Tax department in December 2021, has been handed a 600 MW plant of Vidarbha Industries Power Ltd (VIPL), without…

Responding to Income Tax Department's 'survey' at BBC offices in Delhi and Mumbai on Tuesday, Union Information and Broadcasting Minister Anurag Thakur said that no one is above the law of the country.

The searches by the Income Tax department at the properties of Telangana labour and employment minister Malla Reddy and his family members continued for a third consecutive day on Thursday.

The Income Tax department was carrying out searches at the residence and offices of Telangana Labour Minister Malla Reddy and his relatives in and around Hyderabad on Tuesday.

The Income Tax Department may make it compulsory for NRIs to share details of foreign remittances received from India and also divide it into taxable and non-taxable income in the next fiscal, according to reports.