Income Tax News


IT Department conducts searches on a Pharmaceutical Group in Bengaluru

   14 July 2022 at 08:44

Income Tax Department carried out search and seizure operations on 06.07.2022 on a major Bengaluru-based pharmaceutical group, engaged in the business of manufacturing and marketing of pharmaceutical products and Active Pharmaceutical Ingredients (API).

Posted in Income Tax |   1614 Views


IT Department conducts searches on two business groups in Tamil Nadu

   13 July 2022 at 08:31

Income Tax Department carried out search and seizure operations on 06.07.2022 on two business groups of Tamil Nadu engaged in the business of Civil Contracts, Real Estate, Advertising etc.

Posted in Income Tax |   2016 Views


CBDT inserts New Rule 21AL - Other Conditions required to be fulfilled by the original fund

   12 July 2022 at 08:37

CBDT makes rules further to amend the Income-tax Rules, 1962. These rules may be called the Income-tax (21st Amendment) Rules, 2022.

Posted in Income Tax |   4818 Views


IT Department conducts searches on two real estate groups of Bengaluru and Hyderabad

   12 July 2022 at 08:37

Income Tax Department carried out search and seizure operations on two leading real estate groups of Bengaluru and Hyderabad, engaged in the business of construction/sale/leasing of commercial/residential space, and educational and hospitality services.

Posted in Income Tax |   1479 Views


CBDT enabled filing of ITR-U for AY 2020-21 and AY 2021-22

   11 July 2022 at 10:22

E-filing of Updated ITR u/s 139(8A) has been enabled for ITR 2 & 3 for AY 2020-21 and AY 2021-22 using Excel utility.

Posted in Income Tax  4 comments |   6843 Views


IT Department conducts searches on premises of pharma group in Delhi NCR, Haryana

   09 July 2022 at 08:39

The Income Tax Department carried out search and seizure operations on 29.06.2022 on a group engaged in the business of manufacturing and distribution of Pharmaceutical medicines and Real Estate Development.

Posted in Income Tax |   1392 Views


IT raids on Dolo-650 maker Micro Labs for alleged tax evasion

   08 July 2022 at 08:43

The income tax department on Wednesday conducted searches at the offices and residences of top management of Dolo-650 manufacturer Micro Labs for alleged tax evasion, sources said.

Posted in Income Tax  1 comments |   6042 Views


IT Department conducts search operations on a group engaged in the business of mining, processing and trading of black stones

   08 July 2022 at 08:43

The Income Tax Department carried out search and seizure operations on a group engaged in the business of mining, processing and trading of black stones.

Posted in Income Tax |   1488 Views


4 arrested for conducting fake IT raid in Delhi

   05 July 2022 at 08:44

Three men and a woman were arrested on Monday for allegedly posing as income tax officials and stealing Rs 15,000 cash, phones and jewellery from a house in Shahdara, police said.

Posted in Income Tax |   4011 Views


CBI arrests 2 income tax officials in bribery case

   05 July 2022 at 08:44

CBI sleuths on Saturday arrested two officials of the Income Tax department for accepting bribe to issue TDS certificate.

Posted in Income Tax |   5925 Views



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