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IT Department Attaches Assets Worth Rs.225 Crore Of Mayawati's Ex-Aide

Wednesday, March 20, 2019, 4:56 PM

The Income Tax department has attached assets worth Rs.225 crore of Bahujan Samaj Party chief Mayawati's former secretary Net Ram and his associates as part of an alleged tax evasion probe against them, officials told news agency PTI today. A retired IAS officer, Netram was believed to be quite close to Mayawati during her tenure as Uttar Pradesh Chief Minister between 2007 and 2012.
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PAN link to bank accounts must for tax refunds

Friday, March 1, 2019, 7:10 AM

The Income-Tax (I-T) Department will only issue electronic refunds directly into taxpayers' bank accounts from March 1 and they should link PAN with their accounts, according to an official communication. "Link your PAN (permanent account number) with your bank account to get your refund directly, swiftly and securely," the department said in a public advisory issued on Wednesday.
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CBDT directs taxman to maximise collection efforts as growth rate not satisfactory

Sunday, January 6, 2019, 7:43 PM

With the growth in direct-tax-collections sluggish, CBDT has directed income tax department officials to "maximise" their efforts and conduct targeted surveys and file court cases against those who wilfully evade taxes. CBDT Chairman Sushil Chandra has shot-off a letter to all Principal Chief Commissioners of I-T Department, asking them to pull-up their socks as only three-months are left for current financial year to close.

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