Page 31 - Income Tax Department
Corporate Ministry's incorporation certificate proof of PAN/TAN: I-T dept
The Certificate of Incorporation issued by MCA contains a mention of both PAN and TAN
 "Corporate Ministry's incorporation certificate proof of PAN/TAN: I-T dept")
Income Tax dept freezes Cognizant bank accounts for evading DDT: Report
Cognizant said it had paid all applicable taxes due on the transaction
 "Income Tax dept freezes Cognizant bank accounts for evading DDT: Report")
Income tax department asks 10 PSU firms to pay more tax
Firms such as SBI and ONGC may be asked to meet shortfall
Income tax unions warn of protest against new software 'ITBA' rollout
The department believes that new ITBA system can expedite all pending cases
 "Income tax unions warn of protest against new software 'ITBA' rollout")
Tax department to engage with corporates to spur receipts
Advance tax collection up to September 15 slowed to 11 per cent as against 14 per cent last year
 "Tax department to engage with corporates to spur receipts")
Income Tax department asks taxpayers to update self info on e-filing portal
The updated information, a senior official said, is being sought to ensure that a communication sent to a taxpayer reaches him without fail
 "Income Tax department asks taxpayers to update self info on e-filing portal")
Income-tax department calls big corporate entities to pay advance taxes
Afraid of missing target, taxmen encourage companies not to delay September instalment
IT issues final attachment order for Tejashwi, Misa's properties
ED had on Sept 5 attached Misa Bharti's property in Bijwasan in connection with money laundering case
 "IT issues final attachment order for Tejashwi, Misa's properties")
I-T dept to focus on e-assessment to cut down on human interface
Conference also discussed strategies for widening of tax base and data verification
I-T plans 3-pronged strategy to boost tax mop-up, base
Functional specialisation, jurisdiction-free assessment, taxpayer segmentation are three focus areas
I-T lens on half a million people for 'inconsistencies' in cash deposits
This is in addition to 60,000 identified under Operation Clean Money 2.0
 "I-T lens on half a million people for 'inconsistencies' in cash deposits")
Tax dept gets busy on 15% hike in mop-up target
The proposed target comes sans any amnesty scheme
 "Tax dept gets busy on 15% hike in mop-up target")
Tax demand arrears amounting to Rs 8.4 lakh cr unlikely to be recovered
Taxmen told to fast-track Income tax arrear appeals
I-T Dept seizes assets of Lalu's daughter Misa Bharti in benami land deal
A CA, Rajesh Kumar Agrawal, allegedly linked to Bharti and others, was also arrested by ED
 "I-T Dept seizes assets of Lalu's daughter Misa Bharti in benami land deal")
Modi govt to sharpen plan for naming and shaming tax defaulters
The tax department is looking at expanding the scope of naming and shaming of defaulters
 "Modi govt to sharpen plan for naming and shaming tax defaulters")
1.58 lakh tax payers under lens for partial account declarations
5.68 lakh new cases have been identified for e-verification process
 "1.58 lakh tax payers under lens for partial account declarations")
Online platforms make tax filing easy, help fill details automatically
If you have capital gains on a house or shares, they can automatically tell you the tax liability
Income tax dept launches facility to correct errors in PAN, Aadhaar
Only 6 crore people file income tax returns at present
 "Income tax dept launches facility to correct errors in PAN, Aadhaar")
In multi-city crackdown, taxmen to probe 300 cases under Benami Act
PMO asked income-tax department to submit report on action taken against identified benami owners
 "In multi-city crackdown, taxmen to probe 300 cases under Benami Act")
I-T searches on Delhi-based liquor firm for tax evasion
A son of a former Union minister is also under the department's scanner
 "I-T searches on Delhi-based liquor firm for tax evasion")
