Tag: Income Tax
Rajya Sabha Returns Finance Bill With Amendments
The Rajya Sabha on Wednesday returned to the Lok Sabha the Finance Bill, 2017, with five amendments, after discussing the Bill for over five hours spread across two days.....
Quoting Aadhaar Mandatory For Filing Tax Returns From July 1
Quoting of Aadhaar has been made mandatory for filing income tax returns with effect from July 1, as introduced by the Finance Act, 2017, an official statement said on Wednesday. ....
IT Raids TN Health Minister's Residence
Income Tax Department officials on Friday raided Tamil Nadu Health Minister C. Vijayabaskar's residence in Chennai and premises of his associates, official said.....
Rs 141.13 Cr Seized In New Rs 500, Rs 2,000 Notes: Jaitley
Finance Minister Arun Jaitley on Friday said that Rs 141.13 crore worth of new Rs 500 and Rs 2,000 notes have been seized by government agencies. ....
Linking Aadhaar With PAN Needed To Curb Multiple PAN Cards, SC Told
The central government on Tuesday defended linking the Aadhaar number with permanent account number (PAN) and making it mandatory for filing income tax returns, telling the Supreme Court that it was meant to curb individuals possessing multiple PAN cards by putting in place a robust identification system.....
ED Attaches Over Rs 33 Crore Property Of Shekhar Reddy, Others
The Enforcement Directorate (ED) on Friday said it has provisionally attached properties worth Rs 33.74 crore of businessman J.Shekhar Reddy and his associates under the Prevention of Money Laundering Act (PMLA).....
IT Raids Sasikala-Dinakaran's Relatives, Connected Firms
Income Tax (IT) officials on Thursday raided 187 locations belonging to relatives of jailed AIADMK leader V.K. Sasikala, her nephew T.T.V. Dinakaran and organisations connected to them in several cities, said a senior IT official.....
E-Campaign On Voluntary Compliance Of Income Tax From Next Week
The Income Tax Department will start an e-campaign on voluntary compliance of income tax for the convenience of taxpayers from Monday. ....
IT Raids In NCR Unearths Advocate's Unaccounted Cash, Property Investments
The Income Tax Department has said that its search and seizure action across Delhi, NCR and Haryana in the case of a leading advocate practicing in the field of commercial arbitration and alternate dispute resolution has led to findings of unaccounted cash and huge investments in posh properties. ....
SC Issues Notice To Income Tax Dept In Tax Evasion Case Against Karti Chidambaram And His Wife
The Supreme Court on Monday issued a notice to the Income Tax Department in a tax evasion case of over Rs 7 crore against Congress MP Karti Chidambaram and his wife. ....
