On January 3, it had debarred individual taxpayers owning house property in joint ownership and those who paid ₹1 lakh in electricity bills in a year or incurred ₹2 lakh expense on foreign travel from filing their annual income return using the simple return forms.

A team of over 15 income tax officers from Delhi reached the home of Mr Kakkar in Indore's posh Vijay Nagar at 3 am and started searching the premises, sources said. They also raided a showroom at the same area and some other properties.

The Income Tax Department on Wednesday cautioned salaried taxpayers not to under-report their income or inflate deductions and exemptions while filing tax returns, warning that wrong claims would be treated as cases of tax evasion.

Breaking news from Supreme Court tells that the apex court has dismissed petition filed by a hospitality firm against the probe by the Income Tax Department notice to it for re-assessment of its profits from land deals in Haryana and Rajasthan for 2010-11. It is believed that the firm is linked with Robert Vadra, the son-in-law of Sonia Gandhi.

The IT department mentioned that former cricketer Navjot Singh Sidhu has failed to provide documentary proof in support of his claim during the course of evaluation. This led the Income Tax (IT) department to seize his two bank accounts for non-payment of taxes.

The government on Thursday extended the deadline for linking Aadhaar to PAN by four more months till December 31, 2017.

A major fire broke out on Monday in a government building, housing offices including of the Enforcement Directorate and Income Tax Department among others, officials said. No injuries were reported.

The IT Department had on Tuesday attached two assets of Lalu Prasad's kin in Delhi and several properties in Bihar after the department issued a provisional order under the Benami Transactions Act, 1988, that came into force on November 1 last year.

The Income Tax Department has attached 12 plots of RJD chief Lalu Prasad's daughter Misa Bharti, son-in-law Shailesh Kumar, and son and Bihar Deputy Chief Minister Tejaswi Yadav and others as parts of its probe in the over Rs 1,000 crore benami land deals, sources said.

3-step guide to Link Aadhaar Card with Pan Card before e-filing: The Income Tax department's e-filing website (incometaxindiaefiling.gov.in ) has created a special tab on the home page. Check how to do it.