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With the opening of the ITO metro station, a number of commuters whose offices are located in the ITO area as expected to switch to the metro. As per estimates of the Delhi Metro, around 25,000 commuters are expected to use the station by 2016. The number will go up to over 35,000 by 2021, said a Delhi Metro official.
Kanimozhi was charged with tax evasion by the Income Tax Department in Chennai. [ 49 ] Charges : Criminal conspiracy to cause criminal breach of trust by a public servant and criminal conspiracy (Section 120-B), cheating (Section 420) and forgery (Sections 468 and 471), and booked under the Prevention of Corruption Act .
The Income Tax Air Intelligence Unit is a law enforcement agency, under the Ministry of Finance responsible for handling tax evasion and cross-border illegal trade in India in airports in consultation with the Central Board of Indirect Taxes and Customs and the CISF. It functions under the Zonal Deputy Director (Intelligence) Income Tax.
In 2020, Ministry of Home Affairs set up an inter-ministerial committee headed by the special director of the Enforcement Department to coordinate investigation into violation of various legal provisions of PMLA, Income Tax Act, FCRA and other provisions by the Rajiv Gandhi Foundation along with the Rajiv Gandhi Charitable Trust and the Indira ...
Income tax in India is governed by Entry 82 of the Union List of the Seventh Schedule to the Constitution of India, empowering the central government to tax non-agricultural income; agricultural income is defined in Section 10(1) of the Income-tax Act, 1961. [2]
In Assam, Bihar, Haryana, Uttar Pradesh, Rajasthan, West Bengal, Maharashtra, Karnataka and Jammu and Kashmir, it is known as the Criminal Investigation Department. In Delhi and Kerala, the CID is referred to as the Crime Branch, and in Tamil Nadu, it is known as the Crime Branch-Criminal Investigation Department (CB-CID).
The tax is collected by the Income Tax Department for the central government. Farmers - who constitute 70% of the Indian workforce - are generally excluded from paying income tax in India. Income tax returns are due in India generally on 31 July, 30 September or 30 November, depending on the category of taxpayer. Everyone who earns or gets an ...
The organizational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act, 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities. In 1924, the Central Board of Revenue Act constituted a Central Board of Revenue - the statutory body with functional responsibilities for ...