Mangalore: The Income Tax Commissioner’s office from Mangalore will not be shifted for any reason, Union Minister Sadananda Gowda said. I met Finance Minister Nirmala Sitharaman immediately after the Income Tax Commissioner’s office relocation proposal came to my notice. The need to keep the office in Mangalore is also explained. The finance minister has responded positively to this […]

Chennai : Income Tax sleuths on Wednesday raided top Tamil film actor Vijay’s residence here besides conducting simultaneous searches at several premises linked to a film production house, movie financier and distributors in connection with suspected tax evasion. The searches, which began in as many as 38 locations in Tamil Nadu, were still on and […]

Kodagu : Kannada and Telugu actress Rashmika Mandanna is likely to be further interrogated by Income Tax (I-T) officials on Friday. The residence and properties by the family of Rashmika were raided by I-T officials on Thursday morning. Following summons issued by I-T officials, Rashmika rushed to her residence on Thursday night and gave details on […]

Mangaluru: Director General of Income Tax (Investigation), Karnataka State and Goa, B R Balakrishnan on Monday asserted that a total of Rs 4,300 crore of undisclosed income has been reported in the current financial year. Briefing mediapersons after inaugurating the new office of the Additional Director of Income Tax (Investigation) at the ground floor of Albuquerque Building at […]

Bengaluru: B R Balakrishnan, Director General of Investigation (Karnataka and Goa), Bengaluru, has been selected for the Special Category National Awards for 2016 at the National Voters Day held in Delhi on Wednesday. Election Commission of India conferred the special award for expenditure monitoring on him. He was serving then as principal director, Income Tax, […]

Mangaluru: The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) will hold Circuit Bench sittings in Mangaluru from January 30 to February 3 to dispose of income tax appeals pending before the Bench from Mangaluru region. “This is aimed at taking the adjudication process to the doorsteps of litigants,” Sunil Kumar Yadav, senior Member […]

Mangaluru: Officials from the Enforcement Directorate and the Investigation wing of the Income Tax Department continued their investigation of the alleged money laundering by the South Canara District Central Cooperative Bank at its head office in Mangaluru on Tuesday. The officials had visited the head office on Monday too in connection with the investigation. However, […]

Bhatkal: The town police on Tuesday evening arrested five people, including the president of a co-operative society, and seized Rs 45 lacs of Rs 2000 denomination following a tip-off. The arrested are Subrahmanya Vasappa Gowda, 39, a resident of Malali in Shivamogga district and president of the Kubera Multipurpose Co-operative Society, Teerthahalli, Shivamogga district and […]

Mangaluru: Institute of Company Secretaries of India (ICSI) Mangaluru Chapter organized a programme on “Investment in Mutual Funds” for the awareness of the Investors here on Tuesday, Feb 24 at PWD Mini Soudha Hall Mangaluru. Bengaluru based Eminent Senior Associate Financial Advisor and Trainer Mr. T. Shreesha Rao participated as a resource person and explained […]

New Delhi: The last thing Tamil Nadu Chief Minister J Jayalalithaa would have wanted this close to the General Election was more legal trouble. In a setback, the Supreme Court cleared the continuation of trial against her for not filing income tax returns in her capacity as a partner of a firm she had set […]