Tag: income tax department
Video: AAP Lied About Funds To EC: BJP
The BJP on Tuesday accused the Aam Aadmi Party (AAP) and Delhi Chief Minister Arvind Kejriwal of lying to the Election Commission by not revealing the exact amount of funds it received through donations.....
CBI Arrests Rotomac Firm Owner Vikram Kothari, Son
The CBI on Thursday arrested Rotomac pen company owner Vikram Kothari and his son Rahul on charges of cheating a consortium of banks of Rs 3,695 crore (including interest) by siphoning off loans sanctioned to his company for procurement of wheat and other goods for export.....
I-T Raids Premises Of MP CM's OSD, Others; Seizes Cash
In a major crackdown on hawala money, Income Tax Department teams on Sunday carried out raids at over 50 places in Madhya Pradesh's Indore and Bhopal and New Delhi, including the residence of Chief Minister Kamal Nath's officer on special duty (OSD) Praveen Kakkar and seized a huge amount of cash.....
IT Raids On MP CM's Aides Continue For Third Day
Income Tax Department officials here on Tuesday continued to search for a third day the premises of close aides of Madhya Pradesh Chief Minister Kamal Nath.....
Rotomac Owner's Prosecution In Six Cases, Says I-T Department
The Income Tax Department on Monday said it has filed six cases for the prosecution of Rotomac owner Vikram Kothari in connection with the Rs 3,695 crore bank loan default case involving Bank of Baroda.....
ED, IT Raid Locations Linked To SP Leader Azam Khan
The Enforcement Directorate (ED) and Income Tax (I-T) Department were on Wednesday conducting simultaneous raids at multiple locations linked to senior Samajwadi Party (SP) leader Azam Khan. ....
Have You Linked Your Aadhar Card With PAN? If Not, Here Is How Much It May Cost You
If you have still not linked your Permanent Account Number (PAN) with Aadhaar then you might get in trouble. For income tax-payers, 30 June 2021 is the last date to link Aadhaar card to PAN card. If you have not lined your PAN with Aadhaar then you might not just be subjected to a fine of Rs 1000. The date has been extended from the earlier deadline of 31 March 2021. Not just this, the PAN card will also become inoperative. ....
IT Sniffs Out Financial Irregularities Of Rs 250 Crore By Actor Sonu Sood
In a shocking revelation, the Income Tax Department has accused Bollywood actor Sonu Sood of alleged financial irregularities worth around Rs 250 crore by way of unutilized charitable funds, bogus contracts and circular transactions all over India, officials said.....
Income Tax Officials Raid Residence Of Bengal Minister’s Brother
The Income Tax Department has been conducting massive raids at the residence of Swarup Biswas, the younger brother of West Bengal Power and Housing Minister, Aroop Biswas, since Wednesday morning.....
1 Taxpayer Owes 11% Of India's Individual Income Tax In 2014-15
An unnamed taxpayer owed the government Rs 21,870 crore (over $3 billion) for the assessment year 2014-15, which was 11 per cent of they income tax to be paid by all Indians, according to 2016 data, the latest available, from the Income Tax Department.....
