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Friday, May 3, 2024
TopicIncome Tax Department

Topic: Income Tax Department

Devote more time to work than boasting, Bombay High Court tells income tax department

Bombay HC was upset about lack of preparation by income tax department for a case and said arguing legal matters 'should not be taken casually'.

SC comes down hard on IT dept, says apex court is not a “picnic place”

The Supreme Court raps the department for making a "misleading statement" and notes that the pending matter was decided by the apex court earlier. New Delhi:...

Ranchi I-T official’s suicide prompts diktat for officers to be courteous with juniors

Manmohan Singh, a 55-year-old officer working in the Income Tax Apellate Tribunal, Ranchi, had hanged himself on 5 June.

Benami properties in 780 cases involving crores may fall as no adjudicating authority exists

Of the 860 cases that have been finalised, about 80 could be adjudicated. The remaining 780 cases bearing attachments worth crores involve some very high-profile individuals. 

Supreme Court won’t tolerate delays by tax authorities, benches begin dismissing cases

Different benches headed by Justices Sikri, Chelameswar, Gogoi, and Nariman, pull up income tax and revenue departments for repeated delays.

Behave properly with taxpayers: Income tax department tells its officers

The poor conduct of tax officers and staff is believed to have drawn a lot of complaints from taxpayers, damaging the image of the department.

Income Tax Dept issues circular reprimanding younger employees for not dressing ‘modestly’

In a circular dated 2 March, the department said it was mostly the younger staff who reported to work in informal clothes and that the trend was ‘not acceptable’.

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.