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Applying for new PAN card? Father's name not mandatory
Wednesday, November 21, 2018, 2:30 PM
The income tax department said quoting of father's name in PAN application forms will not be mandatory in cases where mother of the applicant is a single parent. Currently, furnishing father's name is mandatory for the allotment of Permanent Account Number (PAN). The new rules would come into effect from December 5.
Patiala chaat wala raided, tax officials say he earns over Rs 1.2 Cr
Friday, October 19, 2018, 10:14 AM
The Income Tax Department raided a famous chaatwala-cum-caterer in Punjab's Patiala and unearthed Rs 1.2 crore in undisclosed income. The owner was found to have not filed tax returns for the past two years. After monitoring shop's footfall and supplies to other shops and marriages, tax officials conducted raids and discovered he had made investments amounting to lakhs in real estate.
IT officials raid at TDP MP CM Ramesh's homes, offices
Friday, October 12, 2018, 1:26 PM
The Income Tax Department on Friday conducted raids at homes and properties owned by TDP MP CM Ramesh, including his 40,000-square-foot house at Jubilee Hills. The raids were also conducted at premises of Rithwik Projects Private Limited which has a turnover of over Rs 1,000 crore. Ramesh claimed the raids are an "attempt to intimidate" anyone against PM Narendra Modi.
