Tax Raid

Section 247 under the new Act allows authorised officers to access computer systems or virtual spaces, but strictly during search and survey operations where there is credible evidence of evasion

Not every income tax department operation is a 'raid'. Here is what the I-T Act says about 'surveys' and 'searches'

Govt may modify charity-related tax clauses to plug lacunae

Sitharaman said law enforcing agencies act on actionable intelligence in conducting raids

This is the biggest recovery ever in the history of CBIC, says CBIC chairman Vivek Johri

Business Standard brings you the top headlines on Friday

As the Income Tax department carried out multi-city raids against two media organisations on Thursday, Union minister Anurag Thakur said agencies are doing their work, there is no interference in it.

The Income Tax Department is going full throttle on data analytics to issue notices in time-bound cases

A team of about 200 I-T department and police officers swooped on these premises at around 3 am and some undisclosed cash has been recovered till now