Hyderabad, Jan 28 (IANS) The Directorate of Enforcement (ED) has filed a prosecution complaint in a Telangana court against 10 accused in a matter related to forceful occupation and selling of land and other properties by gangster Nayeemuddin and his associates and prayed for confiscation of 91 properties, an agency statement said on WednesdayThe ED’s Hyderabad Zonal Office filed the prosecution complaint before the MSJ Court, Rangareddy district, against Pasham Srinivas, Haseena Begum, Mohammed…
Latest Income Tax Department News & Updates
New Delhi, Jan 26 (IANS) Seven years is a long time in cricket. For Bharti Fulmali, it felt even longer. The big-hitting middle-order batter from Amravati had made her India T20I debut against England in Guwahati in 2019. She impressed early by charging down the pitch to hit Laura Marsh for a boundary on her third ball in international cricket, but managed only 18 and 5 in two outings before being left out. As the years rolled by, Bharti, who holds a job with the Income Tax Department, resigned …
Mumbai, Jan 24 (IANS) Hitachi Energy India Limited said on Saturday that it has received a tax demand notice from the Income-tax Department for the assessment year 2022–23, asking the company to pay Rs 26.07 crore. This amount includes Rs 16.40 crore as income tax and Rs 9.67 crore as interest, according to the company’s exchange filing.The company said it received the order from the Assessment Unit on January 23, 2026, at around 3:39 pm.According to Hitachi Energy India, the tax demand is l…
Bhubaneswar, Jan 17 (IANS) Samajwadi Party (SP) President Akhilesh Yadav on Saturday met BJD chief Naveen Patnaik, even as he described the interaction as a casual meeting. The meeting, however, has sparked speculation about the possibility of shaping a joint strategy to challenge the Bharatiya Janata Party (BJP) through democratic processes and public support.Describing the Biju Janata Dal (BJD) chief as a senior and respected leader dedicated to the welfare of the poor, Akhilesh, while talking…
New Delhi, Jan 16 (IANS) The Income Tax Department has revived the assessment proceedings against Tiger Global following the favourable Supreme Court judgment on the capital gains tax that has to be paid by the US equity investor on the sale of Flipkart shares to American retail giant Walmart for Rs 14,500 crore.A senior official told IANS that the Income Tax Department has already withheld approximately Rs 967.52 crore as tax deducted at source, under Section 241A, for which the company had cla…
New Delhi, Jan 14 (IANS) The Lokpal of India has dismissed a complaint alleging acquisition of disproportionate assets (DA) against BJP MP Nishikant Dubey, holding that no case was made out either against the public servant or his wife, who is an independent professional and not a public servant. In a detailed order, the anti-corruption body, presided over by Justice A.M. Khanwilkar, observed that the complaint was based on a selective and incomplete reading of the election affidavits filed by N…
New Delhi, Jan 12 (IANS) The Central government’s net direct tax collections touched Rs 18.37 lakh crore between April 1 and January 11 of the current financial year (2025-26), according to data released by the Income Tax Department on Monday.The figure represents an 8.82 per cent increase over the next direct tax collections in the same period of the previous year.Net corporate tax collections till January 11 stood at Rs 8.63 lakh crore, which represents a robust 12.41 per cent over the same pe…
Patna, Jan 10 (IANS) The Income-Tax Department sleuths conducted simultaneous raids at multiple locations linked to a prominent businessman in Bihar’s Raxaul on Saturday.The raids are currently underway in Raxaul in East Champaran district, even as the state continues to reel under a severe cold wave and dense fog.Despite the harsh weather conditions, Income Tax teams reached the town with a convoy of more than a dozen vehicles and launched coordinated search operations.According to sources, the…
Patna, Jan 8 (IANS) The Enforcement Directorate (ED), Patna Zonal Office, is conducting extensive searches in connection with a fake government job scam involving an organised gang that cheated aspirants by offering fraudulent appointments in government departments.Initially detected in the name of the Indian Railways, the investigation has revealed that the scam extended to more than 40 government organisations and departments.These include the Forest Department, Railway Recruitment Board (RRB)…
Bengaluru, Jan 7 (IANS) A complaint has been filed with the Income Tax Department against Karnataka Minister for Tourism and Waqf Zameer Ahmad Khan, who is also District In-Charge Minister for Ballari, over giving Rs 25 lakh in cash, which is against the law, as compensation to the family of Congress worker Rajashekar.It may be recalled that Rajashekar died in a firing during a clash between Congress and BJP workers.The complaint has been lodged by Hindu activist Tejas Gowda, who has accused the…