Income Tax department to use email for issuing notices In welcome news for taxpayers, the IT department has decided to launch a new system of issuing email notices to… 11 years ago
Income tax refunds in 7-10 days: Taxman harnesses Aadhaar power for common man’s good The linking of income tax return filing to Aadhaar by the Income-Tax Department is a good example for EPFO, Election… 11 years agoSeptember 15, 2015
Use Tax Return Preparers to file returns before deadline: Income Tax Department The Income Tax Department has asked all tax payers to make appropriate use of Tax Return Preparers (TRPS) to file… 11 years ago
Opinion: Govt must clarify quickly about MAT on FPIs Sitting on the A P Shah panel recommendations on MAT will only add to the confusion. FM Arun Jaitley should… 11 years agoAugust 5, 2015
Income Tax Dept moves SC to tax Copal Group’s offshore deals HC order had exempted Mauritius-based Copal Group from capital gains tax liability in India 11 years ago
Finance Ministry asks taxpayers to e-file Income Tax returns early The tax department, yesterday, made fully operational its e-filing website for taxpayers to file their I-T returns for assessment year… 11 years agoJuly 1, 2015
CCITs can take decisions on contesting tribunal rulings The income tax (I-T) department has given chief commissioners of income tax (CCIT) the power to decide whether or not… 11 years agoJuly 1, 2015
Income Tax department puts on hold Aberdeen MAT case until apex court ruling The Income Tax (I-T) department on Tuesday said it will wait for the apex court’s ruling before pursuing the matter… 11 years agoJune 30, 2015
Income Tax dept to ‘put on hold’ present MAT cases at Bombay HC I-T department asked to await final outcome of Castleton Investments’ case pending at SC and law commission decision before proceeding… 11 years agoJune 30, 2015
I-T dept won’t verify foreign asset disclosures Protection from further scrutiny to be limited to foreign income disclosed during compliance window 11 years ago
HC to Income Tax dept: Should we continue hearing MAT case? The income tax department had sent 68 notices involving tax worth Rs 602.83 crore. 11 years agoJune 24, 2015
New Income Tax return forms do not ask bank balance details, foreign trip information New Income Tax return forms: The government had also extended the time limit for filing these returns up to August… 11 years agoJune 24, 2015
Income Tax department plans stringent action against habitual evaders The Income Tax department plans to take stringent action against the tax evaders to ensure that they are prosecuted. 11 years ago
Q1 corporate advance tax mop-up may be flat According to the Income-Tax Act, companies are required to pay 15 per cent of their total advance tax in the… 11 years agoJune 16, 2015
Tax Talk: With simplified forms, Income Tax department eases return pain The income tax department has provided a huge relief to individuals and HUFs by simplifying the return forms, which had… 11 years agoJune 12, 2015
Income Tax Department conducts raids at Chettinad Group of companies A top Income Tax official said that raids were carried out in 37 places of the Chettinad Group in Tamil… 11 years agoJune 10, 2015
Rs 450-crore tax demand: Sebi imposes Rs 2-crore fine on NDTV for delayed disclosures Sebi imposed a penalty of Rs 2 crore on NDTV for delayed disclosures to the stock exchanges about a Rs… 11 years agoJune 5, 2015
Income Tax return: No relief for Indian citizens with foreign assets The Income Tax Department will retain the detailed questions on foreign assets and income of resident Indian citizens… 11 years agoJune 3, 2015
