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Tuesday, March 10, 2026
TopicIT department

Topic: IT department

Flat buyers still stuck, SC likely to review I-T dept’s Rs 33,000 cr claim on Jaypee Infratech

SC may use powers under Article 142 to examine claim after Suraksha & Lakshdeep — companies that took over JIL's assets & liabilities — said Rs 33,000 cr debt would delay flat delivery.

Over Rs 350 cr recovered from ‘hidden chambers, safe houses’ — I-T dept on raids ‘linked to’ Congress MP

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'.

Foreign media, rights bodies slam IT raids on BBC, play up India’s poor ‘press freedom’ score

International media like the New York Times, The Guardian & human rights bodies criticised the Centre’s move, calling it a ‘thin-skinned response to criticism’ and more.

Income tax officers search BBC offices for second day amid controversy

Tax officers searched the BBC's bureaus in New Delhi & Mumbai for a second day Wednesday, NDTV reported, after BBC aired a documentary critical of PM Modi's role in the 2002 Gujarat riots.

US based media body condemns IT dept raids on Dainik Bhaskar and Bharat Samachar

Raids were conducted against Dainik Bhaskar & Bharat Samachar for alleged tax evasion Wednesday. Both organisations have carried reports critical of government's Covid management.

India now has over 2,500 political parties, some suspected of ‘black money’ operations

Big jump in number of parties registered in 2018 and 2019, EC official says it is aware of the potential problem but doesn’t have the power to de-register them.

SEBI, ED and CBDT – the new hurdles in Modi govt’s war on bad loans

A spate of legal challenges mounted by SEBI, ED & CBDT are derailing a 270-day resolution deadline set by the insolvency law.

Vijay Mallya’s stud farm in Karnataka is selling horses to stay afloat

Vijay Mallya has owned the top-rated Kunigal Stud Farm since 1988, but after his escape to London, it has been struggling financially & is facing foreclosure.

What happens in an income tax raid in India

There is no separate operation called an income tax ‘raid’. It’s a blanket term to cover searches and seizures.

The Quint’s Raghav Bahl warns tax sleuths not to access journalistic material during raid

Income Tax dept searches premises of Raghav Bahl’s The Quint in a case of alleged tax evasion.

On Camera

The oil pipelines that could decide the Iran war

Washington: Iran’s strategy in its war with the US and Israel is by now clear: Impose an intolerable economic cost on President Donald Trump,...

Russian crude never left India’s import mix. It made up 1/3rd of oil imports from 2024 to 2026

After dominating India’s crude imports since 2023, Russian supplies slowed amid US sanctions, but a 30-day ‘waiver’ amid West Asia tensions could now push flows back towards 2 mbpd.

India and Indonesia finalise BrahMos deal, contract to be signed early next fiscal

One battery of the BrahMos missile is to be procured in the initial phase. The plan is to scale up the procurement in phases.

Trump brings the Age of Humiliation for friends. Modi needs stoicism abroad, humility at home

Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.