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The authorities are exploring the possibility of uncovering substantial undisclosed financial transactions

I-T Dept raids textile, ceramic business groups in Surat, Morbi in Gujarat

PGurus Newsdesk - May 9, 2024 0

12 locations of the Aishwarya Group in the Surat, Morbi raided by I-T On Thursday, the Income Tax (I-T) Department conducted a series of raids...

Indigenous Man Portable Anti-Tank Guided Missile weapon system successfully tested in Pokhran

India successfully tests Portable Anti-Tank Guided Missile weapon system in Pokhran

PGurus Newsdesk - April 14, 2024 1

Missile and warhead performance were "remarkable" during the trial: MoD India successfully conducted warhead flight trials of the indigenous Man Portable Anti-Tank Guided Missile (MPATGM)...

I-T Dept refrains from taking any coercive action against the Congress with reference to the tax demand notices of around Rs.3,500 cr in view of the upcoming Lok Sabha elections 2024

No coercive steps to recover tax demand of over Rs.3500 crores from Congress till...

PGurus Newsdesk - April 1, 2024 0

Relief for Congress as I-T won't recover dues during polls On Monday, the Income Tax department told the Supreme Court that it won't take any...

Net direct tax collection of Rs.18,90,259 cr as on March 17, 2024, includes CIT Personal Income Tax including Securities Transaction Tax

Net direct tax collections for FY 2023-24 grow at over 19.88%: I-T Dept

PGurus Newsdesk - March 20, 2024 0

India's net direct tax collection over Rs.18.90 lakh crore till March 17 The provisional figures of direct tax collections for the Financial Year 2023-24 as...

MoD gave approval for Medium Range Maritime Reconnaissance, Multi Mission Maritime Aircraft, Flight refueling aircraft and Software Defined Radios

Armed forces to get anti-tank mines, radar, torpedoes worth Rs.84,560 cr

PGurus Newsdesk - February 16, 2024 1

Defence panel approves acquisitions to boost capabilities of armed forces, coast guard On Friday, the Ministry of Defence (MoD) approved the proposal for procurement of...

As per the I-T sources privy to information on Congress tax liability, recovery to the tune of Rs.115 crore has been affected by withdrawing money from various bank accounts of INC

I-T dept freezes Congress’ bank accounts, appellate tribunal de-freezes them later

PGurus Newsdesk - February 16, 2024 0

Amid account 'freeze and de-freeze' of Congress, here is an account of its tax liability Congress party treasurer, Ajay Maken claimed that the party’s bank...

Audit reports and other forms filed during the period is 1.60 cr as against 1.43 cr YoY

Record number of I-T returns filed for 2023-24; marks a rise of 9%

PGurus Newsdesk - January 1, 2024 0

More than 8 cr ITRs filed for the first time ever: I-T Dept On Monday, the Income Tax Department said that a record number of...

I-T sleuths seized huge quantity of gold ornaments for which the TMS MLA could not furnish valid possession papers

Unaccounted cash, gold & crucial documents recovered from TMC MLA’s home after I-T raids

PGurus Newsdesk - December 21, 2023 1

Income Tax teams raid Trinamool legislator Bayron Biswas’s residence, other properties After a marathon raid and search operations, the Income Tax sleuths have recovered huge...

Over 12 locations in Bengaluru were raided by NIA sleuths and 14 locations were raided at the same time by the I-T Dept

Karnataka: NIA, I-T carry out raids at 26 locations in Bengaluru

PGurus Newsdesk - December 13, 2023 0

Raids by the NIA in Bengaluru On Wednesday, simultaneous raids were conducted by the sleuths of the National Intelligence Agency (NIA) and Income Tax (I-T)...