Income Tax Department
Rs 72 Lakh Cash Seized from Inter-State Bus in Kottayam: Two Andhra Pradesh Residents Arrested in Suspected Hawala Operation
Dec 04, 2025 12:56 pm CST
Excise officials in Kottayam seized approximately Rs 72 lakh in undocumented cash from an inter-state bus during routine inspections ahead of holidays and local elections. Two Andhra Pradesh residents were arrested after failing to provide documentation for the funds. Authorities suspect a hawala operation, highlighting how criminal networks increasingly use inter-state buses to transport black money while avoiding detection.
CBDT Extends Income Tax Return Filing Deadline to December 10 for Companies and Audited Taxpayers
Oct 29, 2025 10:47 pm CST
The Income Tax Department has announced an extension of the ITR filing deadline for AY 2025-26, giving companies and audited taxpayers until December 10, 2025 to file returns. The audit report submission deadline has also been extended to November 10, following requests from industry bodies citing disruptions from natural calamities in several regions.
ED and Income Tax Department Join Assam Police Investigation into Zubeen Garg Death Case and Financial Crimes
Oct 04, 2025 02:14 am CST
The Enforcement Directorate and Income Tax Department are joining Assam Police in investigating alleged financial crimes by event manager Shyamkanu Mahanta, who is implicated in the death of cultural icon Zubeen Garg. Authorities have uncovered multiple PAN cards, unauthorized stamp seals, and documents suggesting extensive benami property acquisition. The investigation also revealed a 20-year-old financial irregularity involving a Rs 14-crore loan for non-existent call centers during Mahanta's tenure at NEDFi.
Why ITR Filing Deadline Was Extended By A Day
Sep 16, 2025 02:00 pm CST
By Monday evening, the Income Tax Department said more than 7.3 crore returns had been filed
Over 7 Crore I-T Returns Filed So Far, Netizens Complain Of Glitches Efiling Portal
Sep 15, 2025 10:23 pm CST
The Income Tax Department on Monday said more than 7 crore I-T returns have been filed so far as the filing deadline closes in, amid netizens complaining of glitches on the portal and demanding an extension.