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CCD owner’s son-in-law had Rs 650 crore as hidden income

CCD owner son-in-law had Rs 650 crore as hidden income. According to the officials, in the raids conducted since Thursday by the Income Tax Department on Café Coffee Day (CCD), concealed income of Rs 650 crore from the documents has been seized.A senior tax official while giving information said, “Documents seized from the search operations

Income Tax Return Filings Grow 25%, Says Government

Income Tax Return Filings Grow 25%, Says Government

The number of Income Tax Returns (ITRs) filed for 2016-17 year grew by 25 per cent to 2.82 crore, as increased number of individuals filed their tax returns post demonetization, the tax department said today. The growth in ITRs filed by individuals is 25.3 per cent with over 2.79 crore returns having been received up

Benami transaction charges slapped against Lalu Yadav's family

Benami transaction charges slapped against Lalu Yadav’s family

Benami transaction charges slapped against Lalu Yadav’s family. Income Tax department has charged members of Rashtriya Janata Dal chief Lalu Prasad’s family , including his wife, son and daughters, under Benami Transactions Act in connection with its probe into land deals worth Rs 1,000 crore and tax evasion. I-T Department has served notices of attachment