Income Tax Department Archives - Page 5 of 7

I-T department has recovered a few incriminating documents during the search operation

Law and Order

I-T Department raids MG Motor’s office in Gurugram

PGurus Newsdesk - November 19, 2022 1

Another Chinese company under lens: I-T raids on MG Motor A team of officials from the Income Tax Department reached the office of MG Motor...

The I-T Dept sought further time, following which the bench adjourned the matter till December 19

Law and Order

Bombay HC extends till Dec 19 the earlier order of no...

Team PGurus - November 17, 2022 2

Anil Ambani again gets relief over tax evasion matter as I-T seeks more time The Bombay High Court on Thursday extended till December 19 its...

What are the options before Prannoy Roy? Nothing, just to sell his 32% shares and buzz off to his bungalow in Cape Town in South Africa

Business

Game over for Prannoy Roy after Income Tax issues clean chit...

Team PGurus - September 11, 2022 3

Did the road end for Prannoy Roy? With Income Tax giving clean chit to Mukesh Ambani linked company to acquire more than 29% of NDTV’s...

One thing GOI loves to do - tax its citizens… Have they put enough thought into this or is it the case of killing the goose that lays golden eggs?

Banking

Income Tax Department says buyer to deduct TDS on peer-to-peer Cryptocoin...

Team PGurus - June 28, 2022 0

CBDT issues clarification on TDS provision applicable on transfer of VDAs Further tightening the Cryptocoin trading in India, the Income Tax Department on Tuesday said...

Sonia Gandhi has been asked to depose before ED on June 8, and Rahul Gandhi is understood to have been asked to appear earlier

Law and Order

ED summons Sonia, Rahul in National Herald money laundering case. Rahul...

Team PGurus - June 1, 2022 0

Rahul Gandhi seeks more time from ED The Enforcement Directorate (ED) on Wednesday summoned Congress president Sonia Gandhi and her MP son Rahul Gandhi for...

In a written reply in the Rajya Sabha, MoS Finance said SEBI, after investigation into the matter involving NSE and other entities, has passed requisite orders

Law and Order

CBI, ED & Income Tax Department investigating irregularities in NSE co-location...

PGurus Newsdesk - April 6, 2022 1

Flaws in NSE co-location case being probed by various agencies: Govt With regards to the NSE co-location case, the Minister of State for Finance, Pankaj...

NDTV claims that the Income Tax has miscalculated the flow of investments through bonds by “reputed foreign investors” into its foreign subsidiary NDTV Networks Plc

Law and Order

Income Tax issues Rs.353 crore notice to NDTV. With this total...

Team PGurus - April 4, 2022 2

Will Prannoy Roy sell his stakes in the channel now? Income Tax Department has issued Rs.353 crore tax dues notice to Prannoy Roy headed TV...

The non-linked PAN will remain operational till March 31, 2023

Laws

Non-linking of PAN-Aadhaar by March 31 to attract penalty

PGurus Newsdesk - March 31, 2022 1

Be ready to pay fine if your Aadhaar & PAN are not linked On Wednesday, the Finance Ministry said that non-linking of PAN with Aadhaar...

IT Dept has also found evidence of cash transactions of more than Rs.100 cr in the purchase of a farmhouse on the outskirts of Delhi

Law and Order

Income Tax raid reveals Hero MotoCorp made over Rs.1,000 cr bogus...

PGurus Newsdesk - March 29, 2022 1

Hero MotoCorp shares tank 7% after IT raid reveals Rs.1,000 crore bogus expenses The Income Tax Department raids have revealed that Hero MotoCorp made more...