Income Tax Department conducts search operations in Gujarat

RELEVANT EXTRACT  The Income Tax Department initiated search and seizure operations on a  prominent business group, engaged primarily in the manufacturing of stainless steel  and metal pipes, in Ahmedabad on 23.11. 2021.The search operation covered more  than 30 premises in Ahmedabad and Mumbai. During the

Income Tax Department conducts search operations in Tamil Nadu

RELEVANT EXTRACT  The Income Tax Department has carried out search and seizure  operations on 01.12.2021 in respect of 2 groups engaged in the Retail Sales of  Jewellery, Textiles and Home Appliances through their popular chain of Stores in  Chennai, Coimbatore, Madurai and Tirunelveli. A total

Income Tax Department conducts search operations in Madhya Pradesh

RELEVANT EXTRACT  The Income Tax Department initiated search and seizure operations on two  major business groups of Indore on 25.11.2021. The first group is engaged in the  business of mining, media and providing cable TV services and the second group is  running a coaching academy.

More than 3 crore Income Tax Returns filed on the new e-Filing portal of the Income Tax Department; Taxpayers who are yet to file their ITRs for AY 2021- 22 advised to file at the earliest

RELEVANT EXTRACT  More than 3 crore Income Tax Returns have now been filed on the new e-  Filing portal of the Income Tax Department as on 3rd December 2021. The number of  ITRs filed per day is over 4 lakh and increasing everyday as the

Income Tax Department conducts search operations on a real estate group in Mumbai and Navi Mumbai Region of Maharashtra

RELEVANT EXTRACT  The Income Tax Department initiated search and seizure operations on a real  estate group, engaged in the construction of residential and commercial projects, in  Mumbai and Navi Mumbai Region on 25.11.2021. The group is mainly carrying out  development of slum rehabilitation projects. The

Income Tax Department conducts search operations in Pune, Maharashtra

RELEVANT EXTRACT  The Income Tax Department has initiated search and seizure operations on a  leading group of Pune, engaged in dairy farming and milk products, on 25.11.2021.  The search action covered more than 30 premises spread over 6 cities in India. During the course of

Income Tax Department conducts search operation on two real estate groups based in Delhi-NCR

RELEVANT EXTRACT  The Income Tax Department carried out a search and seizure operation on  two real estate groups based in Delhi-NCR on 17.11.2021. These groups are  engaged in the construction of commercial and residential projects. During the course of the search action, various incriminating evidences

Guidelines under sub-section (4) of section 194-0, sub-section (3) of section 194Q and subsection (I-I) of section 206C of tile Income-tax Act, 1961 – reg.

RELEVANT EXTRACT   Finance Act. 2020 inserted a new section 194-0 in the Income-tax Act 1961 (hereinafter referred to as "the Act") which mandates that with effect from I3 4 * * * * * *' day of October, 2020, an e-commerce operator shall deduct income-tax

Income Tax Department conducts search operations in Maharashtra, Gujarat and Delhi on certain Indian companies and their associate concerns, controlled by a neighbouring country

RELEVANT EXTRACT  The Income Tax Department has carried out search and seizure operations  on certain Indian companies and their associate concerns, controlled by a  neighboring country on 16.11.2021. These companies are engaged in the business  of chemicals, ball bearings, machinery parts, and Injection moulding machinery. 

Income Tax Department conducts searches on a leading Gutkha distributor in Gujarat

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations on a leading  Gutkha distributor of Gujarat on 16.11.2021. The search action covered more than 15  premises at different locations in Ahmedabad. During the course of the search action, various incriminating documents and

Income Tax Department conducts searches in Gujarat

RELEVANT EXTRACT  The Income Tax Department has carried out a search and seizure operation on a  prominent group engaged in manufacturing of chemicals and development of real estate  on 18.11.2021. The search action covered more than 20 premises spread over Vapi and  Sarigam in Gujarat,

Income Tax Department conducts searches in West Bengal

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations on 16.11.2021 on a prominent Kolkata based group engaged in manufacturing of cement and real estate. The search action covered 24 premises spread over Kolkata, Delhi and places in the states of Assam

Income Tax Department conducts searches in Pune

RELEVANT EXTRACT  The Income Tax Department carried out a search and seizure operationon 11.11.2021 on a group at Pune which is engaged in manufacturing of heavy machinery like excavators, cranes, concrete machinery which are used in mining, piling and port, etc. Search operation has covered

Income Tax Department conducts searches in Delhi and Haryana

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations on  09.11.2021 in the case of a Fintech company providing instant short term personal loan  through Mobile App. The searches were conducted on the business and residential  premises in Delhi and Gurugram. During

Taxpayers’ Lounge of Income Tax Department set up at IITF, 2021

RELEVANT EXTRACT  A Taxpayers’ Lounge has been set up by the Income Tax Department in India  International Trade Fair, 2021 at Pragati Maidan, New Delhi from 14th – 27th  November 2021, for fostering awareness about various services provided by the  Income Tax Department to taxpayers

Income Tax Department conducts searches in Gurugram

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations on 10.11.2021 on two groups, one engaged in real estate and hospitality and the other, a tools and equipment manufacturing group at Gurugram. Various incriminating documents and electronic data relating to unaccounted investment