The agency has booked nine people, including I-T deputy commissioner Vijayendran R and two department inspectors, apart from a number of chartered accountants.
Saurabh Sharma is on the run, and facing criminal proceedings by the state’s Lokayukta, I-T dept & ED over charges of amassing assets hugely disproportionate to his legal income.
The Punjab & Haryana High Court called the physical withholding of the jewellery belonging to Dillano Luxurious Jewels by the tax authorities "wholly unwarranted".
The I-T dept Thursday released time-series data on direct tax collections between 2000-01 & 2023-24, showing an increasing reliance on direct taxes versus indirect taxes.
Congress had filed 3 writ petitions challenging Income Tax dept claim that material on record is sufficient to show ‘escaped’ income of party is upwards of Rs 520 crore.
Earlier Friday, Congress leader Ajay Maken claimed I-T dept had served recovery notice of Rs 210 cr & frozen party's accounts, making it difficult to pay staff salaries & electricity bills.
IT dept says operation covered 30+ premises across 10 districts in Odisha, Jharkhand & West Bengal, adding that one member of family that owns business is 'politically exposed'.
An income tax department operation under way for a week and counting has been in the news for seizures described as being34weds among the highest ever.
The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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