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Total 3136 results found. Search for [ Income Tax department ]

Results 100 to 120 of 3136
PTI
September 13, 2020
The non-tax revenue was, however, slightly lower at Rs 787.14 crore during April-July this year compared to Rs 971.75 crore last year, the CAG data showed


BusinessToday.In
September 12, 2020
A division bench of justices' TS Sivagnanam and V Bhavani Subbaroyan recorded the submissions made by the IT department and issued notice to the music composer


Prasanna Mohanty
September 10, 2020
This is Part I of two-part article revisiting critical economic decisions that eventually led to minus 23.9% growth in Q1 of FY21. Blaming exogenous factors (pandemic) or intense lockdown is merely an excuse to divert attention from government's ineptitude and thwart meaningful debate


PTI
September 9, 2020
This include personal income tax (PIT) refunds amounting to Rs 30,768 crore issued to 25.83 lakh taxpayers and corporate tax refunds amounting to Rs 70,540 crore issued to over 1.71 lakh taxpayers during this period


PTI
September 9, 2020
Sebi had initiated investigation into trading of shares of GSL after receiving reference from the Income Tax Department. It was found that Global Securities Ltd (GSL) had in October 2010 come out with preferential allotment which turned out to be a sham


BusinessToday.In
September 8, 2020
Deepak Kochhar was arrested by Mumbai branch of the ED under the Prevention of Money Laundering Act in connection with the ICICI Bank-Videocon money laundering case


BusinessToday.In
September 7, 2020
Most sectors, except IT, have instances where APA authorities have been approached for a revision. A case-by-case approach is being applied


BusinessToday.In
September 5, 2020
Finance secretary Ajay Bhushan Pandey said, \"The move to a faceless system will lead to reduced compliance burden, lower cost of compliance and reduced litigation\"


PTI
September 3, 2020
The Income Tax department has already provided a functionality 'Verification of applicability u/s 194N' for banks and post offices since July 1, 2020


BusinessToday.In
August 31, 2020
On Monday, the Appointments Committee of the Cabinet approved extension of six months in Mody's tenure, with effect from September 1, 2020, till February 28, 2021


BusinessToday.In
August 30, 2020
The CBDT has also advised banks to not levy any extra charge on any future transactions carried out through electronic modes like RuPay cards or BHIM-UPI


PTI
August 26, 2020
This include personal income tax refunds amounting to Rs 29,361 crore issued to 23.91 lakh taxpayers and corporate tax refunds amounting to Rs 66,493 crore to over 1.63 lakh taxpayers


Gokul Chaudhri | Amit Bablani
August 26, 2020
India's current efforts in restructuring its tax system should eventually eliminate the need for compliance - something similar to what the tax administration department of UK, is trying to achieve through its Making Tax Digital initiative


Associated Press
August 25, 2020
The agreement came after French tax authorities carried out an extensive audit of a decade of Facebook's operations in the country, from 2009-2018


PTI
August 20, 2020
The move came a month after US President Donald Trump ended Hong Kong's special status with the US and signed a legislation to sanction Chinese officials responsible for cracking down on political dissent in Hong Kong


BusinessToday.In
August 19, 2020
The ED had, in March last year, carried out several raids, one of which was conducted at Deepak Kochhar's office from where it seized a hard disk, diary, and Rs 10.5 lakh


Radhika KTP
New Delhi, August 18, 2020
From banking and logistics to governance, the public ledger technology is helping cut cost and time, enhancing efficiencies


Dipak Mondal
August 18, 2020
The revenue department said that it has no desire of collecting equalisation levy in respect of income on which tax has already been paid by MasterCard either by way of TDS or advance tax


BusinessToday.In
New Delhi, August 18, 2020
The finance ministry has cleared the air on a report that said the Statement of Financial Transactions (SFT) expansion would result in filing of high value financial transactions in ITR by the taxpayers themselves. The taxpayer would not need to mention high value transactions in their return. The reporting of high value transactions to the income tax department would be done by the third parties under the Income Tax Act. Watch the video for more.


BusinessToday.In
August 17, 2020
Income Tax Department officials say taxpayers need not mention high-value transactions in their return as it's done by third parties under the Income Tax Act


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