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Wednesday, September 24, 2025
TopicIncome Tax Department

Topic: Income Tax Department

Owaisi just challenged Modi to scrap Hindu Undivided Family. What it is & how it helps save on taxes

Responding to PM Modi’s comments on Uniform Civil Code, Owaisi said HUFs provide tax relief to Hindus. But it has significant downsides, such as being prone to family squabbles.

Faceless I-T assessment ‘not vested right’ — HC rejects Gandhis’, AAP’s pleas against transfer

Delhi HC upholds income tax dept's decision to transfer tax assessments of Gandhis & AAP to central circle, says 'order invariably made on grounds of administrative convenience'.

IT department looking to tax Netflix’s India operations, reports ET

The move is the first time India will tax overseas digital companies providing electronic commerce services to consumers, the report said.

What is transfer pricing & why I-T dept is looking into it at BBC

New Delhi: The Income Tax department Friday issued a statement regarding the survey it had conducted at the Delhi and Mumbai offices of “a prominent...

‘Undeclared Emergency’: Urdu press says I-T survey of BBC offices assault on press freedom

ThePrint’s round-up of how the Urdu media covered various news events through the week, and the editorial positions some of them took.

Counter ‘narratives trying to run down India story’, Dhankhar tells Information Service officers

V-P warns of 'sinister designs to set afloat a narrative by free fall of information'. Speech comes as I-T dept conducts survey at BBC offices in Delhi and Mumbai.

Income Tax survey at BBC offices to probe ‘irregularities in transfer pricing, int’l taxation’

Survey comes days after a controversy over the broadcaster’s documentary on Narendra Modi and allegations linked to his ‘role’ in 2002 Gujarat riots.

Black money traced, say IT officials after raids on meat producers & exporters in 3 UP districts

Raids in Lucknow, Bareilly and Unnao lasted four days. IT officials claim to have traced Rs 1,200 crore in black money. UP GST dept conducted statewide raids earlier this month.

SC no to tax exemption for ‘profit-minded’ educational institutions: Here’s what’s allowed

A three-judge bench led by CJI UU Lalit observed that the Constitution equates education with charity and it isn’t to be treated as business, trade or commerce

Caused ‘blow’ to reputation, wasn’t quizzed – what Huawei India CEO’s plea on lookout notice says

Delhi HC has sought a response from the IT department over a lookout circular issued against Huawei India CEO, who was stopped from boarding a flight to Bangkok on 1 May.

On Camera

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

China navy achieves breakthrough with new fighter jet launch system. What are electromagnetic catapults

China’s most advanced aircraft carrier—Fujian—uses electromagnetic catapults, a core component of future aircraft carriers.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.