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Saturday, November 2, 2024
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.

CPI gets IT dept notice for Rs 11cr dues for using old PAN card while filing tax returns

The sources said the ‘dues’ to be paid to the IT department include penalties and interest due to authorities for discrepancies in the use of an old PAN card by the party.

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.

Income Tax department issues 3 email IDs to register taxpayers’ grievances

Under the technology-driven faceless schemes, a taxpayer will not be required to visit IT department's office or meet an official for income tax related complaints.

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.

IT dept raids 32 premises linked to Dainik Bhaskar, says group linked to Panama leaks case

According to govt sources, the group has allegedly floated several paper companies to evade tax by claiming bogus expenses and purchases using shell entities.

Supreme Court grants partial relief to Vodafone, asks IT department to refund Rs 733 crore

Vodafone Idea, formerly known as Vodafone Mobile Services Ltd, had however sought Rs 4,759.07 crore in tax refund for AYs - 2014-15, 2015-16, 2016-17 and 2017-18.

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.

On Camera

Bibek Debroy was an ‘Acharya’ in India’s intellectual history

In the centuries to come, economist Bibek Debroy's Mahabharata will attain the importance we attach to the texts of Shankara, Ramanuja, and Madhvacharya.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.