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Total 569 results found. Search for [ income tax dept ]

Results 1 to 21 of 569
PTI
New Delhi, May 22, 2020
Income-tax refund of Rs 14,632 crore to 15,81,906 assesses and corporate tax refund amounting to Rs 11,610 crore to 1,02,392 assesses have been processed during this period, CBDT said


BusinessToday.In
New Delhi, April 29, 2020
Vodafone Idea had appealedfor tax refund of Rs 4,759.07 crore for assessment years (AY) 2014-15 to 2017-18, but the court granted relief for first year only


Dipak Mondal
April 27, 2020
The tax department has found three senior IRS officials in violation of various Central Civil Services Rules and issued chargesheets against them. They have been divested of their current charges for now


BusinessToday.In
New Delhi, April 19, 2020
Lockdown in india latest news: Goa Chief Minister Pramod Sawant stated that no new coronavirus cases have been reported in the state since April 3


BusinessToday.In
New Delhi, April 3, 2020
Coronaviris News Updates: Director of Bhopal Health Department, J Vijay Kumar, tests positive for coronavirus; his second test sample also found positive


BusinessToday.In
March 31, 2020
Coronavirus cases in India live updates: As per Health Ministry data, 123 patients have cured and discharged, whereas 1 patient migrated


BusinessToday.In
New Delhi, March 24, 2020
Coronavirus India latest updates: Prime Minister Narendra Modi said on Tuesday that the nationwide lockdown will be in effect from midnight to save every Indian. The 21-day lockdown period is to prevent the further spread of COVID-19


BusinessToday.In
March 23, 2020
Another body of I-T gazetted officers has asked the Central Board of Direct Taxes (CBDT) to extend the deadline to finish a variety of assessment cases from March 31


Prasanna Mohanty
March 13, 2020
While some developed economies have adopted anti-tax avoidance GAAR and digital tax on sales of multinationals, India has been deferring operationalisation of GAAR since 2012 and is also handicapped by lack of adequate studies and data


Dipak Mondal
New Delhi, March 4, 2020
In one case, the tax department found that a major oil company defaulted on TDS payment of Rs 3,200 crores due to lower or non-deduction of taxes at source


BusinessToday.In
March 4, 2020
Minister of State for Finance Anurag Singh Thakur said in Rajya Sabha that the number of professionals who earn above Rs 1 crore has remained sluggish at just around 2,000 between AY 2015-16 and AY 2019-20


PTI
March 4, 2020
As much as 60 per cent respondents feel that those within the income bracket of Rs 5-10 lakh and Rs 10-25 lakh will be impacted by the new income tax regime


Prasanna Mohanty
February 24, 2020
Wide gaps in corporate and non-corporate direct tax collections are known for years and a huge number of tax evaders are routinely identified every year by the tax authorities but lack of effective follow-up action ensures that the status quo is maintained


Prasanna Mohanty
February 19, 2020
A closer look at India's tax data reveals that the direct tax burden is much higher on relatively smaller taxpayers in both individual and corporate categories and that the larger taxpayers benefit more from tax incentives and deductions


Aprajita Sharma
February 17, 2020
While last minute investments may manage to lower total tax outgo, they are unlikely to align well with the financial goals of taxpayers


BusinessToday.In
New Delhi, February 17, 2020
Following a change in the Income-tax Act 2012, the Supreme Court had ruled that the Vodafone-Hutchison deal could not be taxed in India. This resulted in tax refund due to the company worth Rs 7,000 crore


PTI
February 14, 2020
CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively


Divyesh Singh
February 12, 2020
Citizens found owning properties outside the country without explaining the source of funds or income for their purchase could be prosecuted under the Black Money Act


BusinessToday.In
February 7, 2020
Tamil actor Vijay questioned: The IT dept on Thursday stated that it seized unaccounted cash worth Rs 77 crore from 38 locations in Chennai and Madurai allegedly linked to a prominent financier cum producer Anbu Chezhiyan, the Tamil superstar Vijay and the production house AGS Group. Here's for more


BusinessToday.In
New Delhi, February 7, 2020
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