The Income Tax Department is a government agency undertaking direct tax collection of the Government of India. It functions under the Department of Revenue of the Ministry of Finance. Read More
Shares of PTC India Financial Services (PFS) jumped 2.8 per cent on Thursday morning after the company said the Income Tax Department has processed its refund for assessment year 2019-20 of Rs 115.57 crore by releasing the amount to company. ...
VK Sasikala, a close associate of former Tamil Nadu chief minister, late Jayalalitha, is likely to be released from the Central Prison, Bengaluru on January 27, 2021 where she is serving a sentence in connection with a disproportionate assets case. ...
The Income Tax Department carried out a search and seizure operation on Thursday at various locations in Bhopal where property worth Rs 1.8 crore were seized, the Central Board of Direct Taxes (CBDT) said. ...