Income Tax News

IT raids on Dolo-650 maker Micro Labs for alleged tax evasion

08 July 2022 at 08:43

The income tax department on Wednesday conducted searches at the offices and residences of top management of Dolo-650 manufacturer Micro Labs for alleged tax evasion, sources said.

Posted in Income Tax | 1 comments | 5973 Views

IT Department conducts search operations on a group engaged in the business of mining, processing and trading of black stones

08 July 2022 at 08:43

The Income Tax Department carried out search and seizure operations on a group engaged in the business of mining, processing and trading of black stones.

Posted in Income Tax | 1455 Views

4 arrested for conducting fake IT raid in Delhi

05 July 2022 at 08:44

Three men and a woman were arrested on Monday for allegedly posing as income tax officials and stealing Rs 15,000 cash, phones and jewellery from a house in Shahdara, police said.

Posted in Income Tax | 3882 Views

CBI arrests 2 income tax officials in bribery case

05 July 2022 at 08:44

CBI sleuths on Saturday arrested two officials of the Income Tax department for accepting bribe to issue TDS certificate.

Posted in Income Tax | 5823 Views

IT Department conducts searches in Chhattisgarh

05 July 2022 at 08:43

Income Tax Department carried out search and seizure operations on 30.06.2022 on a group engaged in business of coal transportation and other allied activities...

Posted in Income Tax | 1326 Views

Infosys takes measures against irregular traffic causing glitches on e-filing portal

04 July 2022 at 08:40

As taxpayers face issues in accessing the e-filing portal, the Income Tax department on Saturday said software provider Infosys is taking "proactive measures" to deal with the 'irregular traffic' on the portal."It has been noti

Posted in Income Tax | 1 comments | 6138 Views

CBDT inserts Form 26QF for Quarterly statement of TDS u/s 194S for transfer of VDA

02 July 2022 at 08:50

Quarterly statement of tax deposited in relation to transfer of virtual digital asset under section 194S to be furnished by an exchange

Posted in Income Tax | 5589 Views

Income Tax: 3 changes to be effective from 1st July 2022

01 July 2022 at 08:41

Here is a look at three important income tax related changes that will come into effect from July 1, 2022.

Posted in Income Tax | 15363 Views

CBDT specifies Abu Dhabi based Seventy Second Investment Company LLC for Sec 10(23FE) exemption

29 June 2022 at 08:49

CBDT specifies the sovereign wealth fund, namely, Seventy Second Investment Company LLC as the specified person for the purposes of the said clause in respect of the investment made by it in India

Posted in Income Tax | 4503 Views

TDS under Sec 194S for transactions other than those taking place on or through an Exchange

29 June 2022 at 08:49

Order under section 119 of the Income-tax Act, 1961 (the Act) in relation to tax deduction at source under section 194S of the Act for transactions other than those taking place on or through an Exchange

Posted in Income Tax | 5397 Views