Income Tax department

IT dept raids uncover ₹800 Cr Dubai investments, hawala links

Income Tax Department conducted extensive raids on the KCI Emporium Group of Kashmir.

6.68% of Indians filed ITRs in FY 2023-24, slight rise from last year

6.68% of the population filed ITRs for the financial year 2023-24, according to Minister of State for Finance, Pankaj Chaudhary

I-T dept uncovers unreported cash sales worth Rs 1,000 cr at Polycab

NEW DELHI: In a recent development, the Income Tax Department has initiated search and seizure operations in connection with Polycab India, a prominent group engaged in the manufacturing of wires, cables, and other electrical products. The operations, conducted on December 22, revealed significant financial discrepancies, raising concerns about unaccounted cash transactions. According to the IT Department, […]

Dubious Political Funding: IT Raids At 100 Pan-India Locations

The IT dept carried out searches at over 100 locations across the country as part of a tax evasion probe against registered unrecognised political parties (RUPPs) and their alleged dubious funding in the last five years, sources said

IT Dept Searches Premises Linked To Transporter Rintu Singh

RAIPUR: The Income Tax Department carried out searches at several premises linked to Rintu Singh, who runs a transport company named Jai Ambe transports. According to IT department sources related to development, the searches at premises of Singh started in the morning. The source said that the IT department sleuths took the assistance of the […]

IT Department Searches Premises Of Hero MotoCorp, Its Chairman Pawan Munjal, Top Execs

NEW DELHI: The Income Tax department on Wednesday carried out searches at the premises linked to Hero MotoCorp chairman and MD Pawan Munjal and several others in a suspected tax evasion case, department officials said. According to senior IT department officials, the searches started this morning at the residential premises of Munjal and other top […]