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Total 664 results found. Search for [ Income tax dept ]

Results 1 to 21 of 664
Mudit Kapoor
New Delhi, April 5, 2021
Despite improvement in manufacturing activity, India's Manufacturing Purchasing Managers' Index (PMI) fell from 58.9 in September 20 to 55.4 in March 21.


BusinessToday.In
April 5, 2021
Taxpayers can import and pre-fill the data from e-filing portal and can also fill the remaining data. Since the facility to upload income taxreturn forms is not enabled yet, filers can fill and save the offline utility for now


PTI
April 1, 2021
This include Rs 87,749 crore personal income tax refunds to 2.34 crore taxpayers and Rs 1.74 lakh crore worth corporate tax refunds in 3.46 lakh cases


Aprajita Sharma
March 31, 2021
While the four Codes have been passed by the Parliament and approved by the President, the rules are yet to be notified. Unless these Codes come into effect, no change in the salary structure is expected


Aprajita Sharma
March 30, 2021
There could be multiple reasons for taxpayers receiving the I-T notice. The prominent ones being non-reporting of FD interest and savings bank account interest in the ITR


PTI
March 25, 2021
Refunds issued by the Income Tax Department include Personal income tax (PIT) refunds amounting to Rs 79,483 crore and corporate tax refunds amounting to Rs 1.34 lakh crore during the period between April 1, 2020 and March 22, 2021


Dipak Mondal
March 15, 2021
The SMS and email alerts sent by the tax department to such taxpayers ask them to verify the transactions under e-campaign tab of the compliance portal, which has been created under the income tax department's Project Insight initiative


BusinessToday.In
March 7, 2021
The two companies were found to be indulging in unaccounted cash, bogus cash credits, bogus outstanding sundry creditors, unaccounted gold bullion purchases, and wrongful bad debts


BusinessToday.In
March 6, 2021
The Finance Minister refused to comment on the individual cases saying it is in the nation's interest to find out whether some tax evasion took place


BusinessToday.In
March 5, 2021
As per the initial probe, a layer of \"genuine-looking fictitious\" intermediatory companies was created to pass on \"bogus ITC\" from non-existent and fake firms to the Essel Group companies without actual supply of any goods or services.


BusinessToday.In
New Delhi, March 5, 2021
Wipro makes its largest acquisition of $1.45 billion in Capco; Walmart-owned Flipkart exploring US IPO through SPAC route; India saw highest number of internet shutdowns in the world in 2020. Watch this and more news on News Blast. Also Read | Tax dept's residency circular of not much help to NRIsAlso Watch | I-T dept finds income discrepancy of Rs 650 cr after raids on Taapsee, Anurag


Dipak Mondal
March 5, 2021
The circular offers relief to only those who may be subject to double taxation, but offers no help to people from countries with whom India does not have a DTAA or impacted by absence of short stay exemption


BusinessToday.In
New Delhi, March 5, 2021
The Income Tax department has unearthed large amounts of cash and illegal transactions by Taapsee Pannu and Anurag Kashyap after two days of searches. Income Tax officials have claimed that they recovered 'evidence of cash receipts by the leading actress amounting to Rs 5 crore'. The agency also claimed to have found bogus expenditure of Anurag Kashyap with tax implication of about Rs 20 crore. The Pink star recorded a statement on March 3 and later recorded a detailed statement. She is likely to be summoned again by IT officials in the coming days. Watch the video for more details. ALSO WATCH | I-T officials raid Bollywood celebs' residences over alleged tax evasion


Divyesh Singh | Munish Pandey
March 5, 2021
The Pink star recorded a statement on March 3 and later recorded a detailed statement. She is likely to be summoned by the IT officials in the coming days


PTI
March 4, 2021
The action was undertaken, the CBDT said, on the basis of intelligence inputs \"about the existence of cash, which is likely to be distributed for election purposes.\"


BusinessToday.In
New Delhi, March 4, 2021
The Income Tax Department on Wednesday raided premises linked to Bollywood actor Taapsee Pannu, filmmaker Anurag Kashyap and other celebrities over alleged tax evasion. The searches were carried out in over 30 locations in Mumbai and Pune. The opposition governments have criticised the move and termed it an attempt to suppress the voices of those speaking against the Modi government. Watch the video for more.Also Read: Refunds of over Rs 1.98 lakh crore issued in 11 months: I-T Dept


PTI
March 4, 2021
Of this, personal income tax refunds of Rs 70,572 crore have been issued to over 1.92 crore taxpayers, and corporate tax refunds of Rs 1.27 lakh crore have been issued in 2.19 lakh cases


Munish Pandey
March 4, 2021
he IT department conducted searches on people related to Phantom Films for tax evasion. Twenty-two locations were raided in Mumbai and Pune, including of talent management agency Kwan


BusinessToday.In
March 4, 2021
NRIs facing double taxation even after taking into account the relief provided by the relevant Double Taxation Avoidance Agreement will have to fill Form-NR electronically by March 31, 2021


Dipak Mondal
March 3, 2021
SC says there is no obligation on a person to deduct tax at source, as the end-user licence agreements in these cases do not create any interest or right in such end-users, which would amount to the use of or right to use any copyright


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