Page 14 of income tax department

I-T dept to come out with draft rules for foreign investment valuation in unlisted cos in 8-10 days

The modification in valuation rules is needed as I-T Act and FEMA provide different methodologies for calculating the FMV of…

May 2, 2023 20:11 IST

Tax-free income: How much you can earn without coming under taxmen’s radar

Tax-free income: Under both Old and New Tax regimes, a certain amount of annual income above the respective basic exemption…

Updated: April 28, 2023 14:25 IST

income tax act, income tax department, income tax searches,

SC ruling on I-T searches big relief to taxpayers

The ruling came in respect to a number of appeals filed by the revenue department, which were dismissed by the…

April 26, 2023 06:05 IST

New Tax Regime rule change: Marginal income over Rs 7 lakh may become tax-free; 5 points

New Tax Regime Rebate Limit Change 2023: If your taxable income is marginally over Rs 7 lakh, you may have…

March 24, 2023 09:29 IST

Rs 13,566-cr tax demand under black money law in 4 years

Rs 8,830 cr worth assets seized in last 8 years,

March 21, 2023 04:30 IST

BBC, BBC survey, I-T department, Income Tax, Narendra Modi, India

Survey at BBC revealed irregularities: I-T dept

The tax survey has ignited a political row in India, as it followed the release of the documentary ‘India: The…

February 18, 2023 02:15 IST

BBC survey, CBDT, Income Tax, Narendra Modi, BBC, India News

BBC survey: Tax authorities say income, profits of company not commensurate with operations in India

The I-T department had launched the survey exercise on February 14 at BBC offices in Delhi and Mumbai and it…

February 17, 2023 22:27 IST

IT teams at BBC’s Delhi, Mumbai offices for survey operation: Officials

The surprise action comes weeks after the broadcaster aired a two-part documentary on the 2002 Gujarat riots and India.

Updated: February 14, 2023 14:20 IST

PAN-Aadhaar Linking 2023 FAQs: Last date, fees and impact of not linking PAN and Aadhaar – Explained

FAQs on PAN-Aadhaar linking: Anyone who failed to link PAN-Aadhaar by 31st March 2022 can still do so by paying…

Updated: March 27, 2023 09:15 IST

PAN Card not mandatory, non-residents can file Form10F manually to claim lower TDS – Check last date

Non-residents are required to submit Form 10F to claim the benefit of lower Tax Deducted at Source (TDS).

Updated: December 14, 2022 18:45 IST

Income Tax department reduces time for taxmen to decide on refund adjustment

The time limit of 30 days made available to the assessing officers stands reduced to 21 days, the Directorate of…

December 4, 2022 15:06 IST

Budget wishlist: Brokers’ body seeks abolition of STT, CTT

It has asked for an industry status for Sebi-registered market intermediaries.

November 29, 2022 02:00 IST

Taxpayers should check AIS quarterly, report discrepancies: Finance Ministry official

The income tax department had in November last year rolled out a new Annual Information Statement (AIS) on its portal.

November 7, 2022 18:29 IST

CBDT mandates e-filing of certain forms, returns, statements – Check details

With this move, it would be easier for taxpayers to file these forms with the tax authorities in the paperless…

November 2, 2022 12:53 IST

Explained: What is Rule 132 under Income Tax and why is it important for taxpayers?

What is Rule 132? Individuals with income from business or profession, who have claimed deduction of surcharge or cess in…

Updated: October 30, 2022 16:20 IST

ITR due date for businesses extended by 7 days

Last month, the CBDT extended the deadline for filing audit reports by 7 days till October 7.

October 27, 2022 01:30 IST

No coercive action till Nov 17 against Anil Ambani on notice under Black Money Act: Bombay HC to Income Tax dept

The I-T department had issued the notice to Ambani on August 8, 2022 for allegedly evading Rs 420 crore in…

Updated: September 26, 2022 15:14 IST

Income Tax Dept, adani group, RRPL holding, NDTV

Income Tax Dept approval not required for warrant conversion by RRPR Holding

NDTV had said that its founders Radhika and Prannoy Roy have informed that RRPR Holding has intimated VCPL that the…

September 10, 2022 18:37 IST

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Bangladesh vs Sri Lanka preview: Six-time champions face Bangladesh in a must-win match

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Bangladesh and Sri Lanka face off in a crucial Asia Cup match, with Afghanistan currently leading in net run rate. Bangladesh’s recent victory over Hong Kong has raised concerns about their bowling, while Sri Lanka’s balanced team includes experienced players and the return of spinner Wanindu Hasaranga. Both teams are under pressure to secure a spot in the Super Four.

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