Income Tax Departement News

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  Yes Bank Gets Income Tax Notice Of Rs 244 Crore

  Yes Bank on Wednesday said it has received a demand notice of Rs 244.20 crore for assessment year 2016-17.

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  How Long Will Income Tax Refund Take If You File ITR In April

  The Income Tax Department usually notifies the ITR forms in a phased manner starting in April. The tax authorities will soon make the required forms available for the ITR filing to begin this month.

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  "Artificial Urgency": Court Fines Anil Ambani Rs 25,000 Over Tax Case Hearing

  The Bombay High Court has imposed a cost of Rs 25,000 on industrialist Anil Ambani for seeking an urgent hearing of his petition challenging a notice issued to him by the Income Tax department in April 2022, noting it as an "artificial urgency".

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  IndiGo Faces Rs 944 Crore Tax Penalty, Terms It "Erroneous"

  With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order "erroneous" and vowed to challenge it legally.

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  Shah Rukh Khan Wins Tax Case As Tribunal Rules In His Favour

  Actor Shah Rukh Khan has secured a big victory with the Income Tax authorities, with the Income Tax Appellate Tribunal or ITAT delivering a verdict in his favour.

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  Income Tax Department Recruitment 2025: Registration Begins For Various Posts, Salary Up To Rs 1.42 Lakh

  The exam is scheduled to be held in various centres such as Delhi, Lucknow, Hyderabad, Kanpur, Chandigarh, Kolkata, and Chennai.

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  Big Relief For Ajit Pawar, Tax Department Clears Assets Seized In Benami Case

  In a big relief to Maharashtra Deputy Chief Minister Ajit Pawar, the Income Tax department has cleared properties worth over Rs 1,000 crore seized in 2021.

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  Businessman's Rs 137 Crore Unaccounted Wealth Seized In IT Raid In Rajasthan

  Unaccountedwealthamounting toRs137crorewasseizedby the Income Tax Department during a four-day raid operation at 23 locations in Rajasthan and Mumbai connected to Udaipur-based transport businessman Tikam Singh Rao.

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  Income Tax Department Raids Jharkhand Chief Minister's Close Aide

  The Income Tax department is conducting raids at the residence of Sunil Srivastava, allegedly a close aide and personal secretary of Jharkhand Chief Minister Hemant Soren, said sources on Saturday.

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  Missed Income Tax Return Filing Deadline? You Can Still File ITR, Details Here

  The deadline for filing income tax returns for the fiscal year 2023-24 ended on July 31. Despite repeated appeals from taxpayers, the Income Tax Department decided not to grant an extension on the deadline.

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  Is Your Income Tax Return Delayed? Here's What You Should Do

  As the deadline for filing Income Tax Returns (ITR) has passed, many taxpayers are waiting for their refunds, which could be delayed due to several factors.

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  Over 7 Crore Income Tax Returns Submitted On Last Filing Day

  The Income Tax Department of the Government of India on Wednesday informed that over seven crore Income Tax Returns (ITRs) were filed on July 31, marking the last day for submissions.

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  What Happens If You Miss Income Tax Returns Deadline - Know Penalties, Fines

  July 31 is the last day for people and businesses to file their income tax returns for FY 2023-24. The deadline, set by the Income Tax Department, will not be extended this year.

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  How To Check Your Income Tax Refund Status Online Using PAN Card

  With the July 31 deadline to file income tax returns (ITR) fast approaching, the Income Tax Department is reminding taxpayers to submit their returns on time to avoid penalties and ensure a smooth refund process.

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  Rs 1,100 Crore Cash, Gold Seized During Elections, 3 Times More Than 2019

  Over Rs 1,150 crore in cash and jewellery have been seized by the Income Tax Department, during the ongoing Lok Sabha elections, sources said on Friday. This marks an 182% increase compared to the Rs 390 crore seized during the last general elections