4 d. ago "Artificial Urgency": Court Fines Anil Ambani Rs 25,000 Over Tax Case Hearing

The Bombay High Court has imposed a cost of Rs 25,000 on industrialist Anil Ambani for seeking an urgent hearing of his petition challenging a notice issued to him by the Income Tax department in...

Events

5 d. ago Real Madrid Coach Carlo Ancelotti Tax Fraud Trial Set To Begin

Real Madrid coach Carlo Ancelotti will go on trial on Wednesday for allegedly failing to declare income to Spain's tax office.

Politics

7 d. ago IndiGo slapped with Rs 944 crore penalty by income tax department; airline vows to challenge in court

IndiGo slapped with Rs 944 crore penalty by income tax department; airline vows to challenge in court  The Times of India

Events

8 d. ago IndiGo Faces Rs 944 Crore Tax Penalty, Terms It "Erroneous, Frivolous"

With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order "erroneous" and vowed to challenge it legally.

Politics

9 d. ago Egg Seller, Juice Vendor Get Notices For GST Dues Worth Crores

An egg seller and a juice vendor in Madhya Pradesh and Uttar Pradesh were in for a huge shock when they received notices for dues worth crores from the Income Tax (I-T) department.

Politics

1 week ago Real Madrid Coach Carlo Ancelotti To Go On Trial For Alleged Tax Fraud

Real Madrid coach Carlo Ancelotti will go on trial next week for allegedly failing to declare income to Spain's tax office, the Madrid court which will hear the case said Friday.

Politics

1 week ago Juice Seller Shocked After Allegedly Receiving Rs 7 Crore Income Tax Notice

A middle-aged juice seller, who runs a small kiosk at the district court compound here, was left in shock after allegedly receiving an income tax notice seeking an outstanding payment of Rs 7.79...

Events

1 week ago New Income Tax Bill To Be Introduced In Monsoon Session: N Sitharaman

The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala Sitharaman said on Tuesday.

Economics

4 w. ago New Income Tax Bill Won't Breach Taxpayers' Online Privacy: Report

The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, a top official said.

Economics

4 w. ago Shah Rukh Khan Wins Tax Case As Tribunal Rules in HIs Favour

Actor Shah Rukh Khan has secured a big victory with the Income Tax authorities, with the Income Tax Appellate Tribunal or ITAT delivering a verdict in his favour.

Politics