Page 72 of Income Tax

Income Tax department to file complaint against HSBC Geneva before March 31

The Income Tax department is soon expected to file a complaint against HSBC bank, Geneva, for allegedly “abetting” tax…

February 16, 2015 21:25 IST

The tax tangle

High tax collection targets have led to heavy refunds with high interest outgo.

Updated: August 12, 2016 13:51 IST

Column: Scrap retro-tax on indirect transfers

Though the govt assured rigorous vetting of every retro-tax demand, the law keeps the tax regime uncertain

February 13, 2015 01:51 IST

Income tax department shifts focus to prosecuting offenders

The income tax department has decided to focus more on prosecuting tax evaders rather…

February 13, 2015 01:40 IST

Funding row: Arvind Kejriwal’s Aam Aadmi Party receives Income Tax notice, says ready for probe

Arvind Kejriwal’s Aam Aadmi Party (AAP) today said it has received a notice from the Income Tax department…

February 11, 2015 20:32 IST

Exhaustive anti-tax evasion reporting norms for MNCs from 2016: OECD

The countries partnering in the tax ‘base erosion and profit shifting’ project also agreed to have a related government-to-government data…

February 8, 2015 00:07 IST

Reporting overseas assets in income tax returns a must

Reporting of foreign assets and investments in I-T returns was made mandatory in…

February 3, 2015 00:09 IST

Heightened vigil to check black money flow during Delhi polls

Central revenue department officials have raised vigil to check any flow of black money from air…

February 1, 2015 10:04 IST

What not to do for tax exemptions, deductions to stay

The Income tax Act, 1961 (the Act), provides for certain deductions and exemptions that are available upon the fulfilment of…

January 20, 2015 01:28 IST

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Aditya Birla Group’s top executive to I-T: Regularly routed cash through hawala

A top executive of Aditya Birla Management Corp told IT investigators that company officials regularly routed large amounts of cash…

Updated: January 15, 2015 09:44 IST

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Pension norms set to be rolled out, tax break sought

Keen to kickstart pension reforms, the finance ministry has asked the PFRDA to notify all regulations…

January 7, 2015 08:30 IST

Don’t join rush, pay tax in advance

Spreading income-tax payments across the year helps identify better opportunities

Updated: February 3, 2015 14:27 IST

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It is better to stagger your tax savings over the twelve-month period so that the savings do not become a…

Updated: December 22, 2014 09:39 IST

Tax implications of second home: Various scenarios

As per Indian tax laws, if a person owns just one property and it is vacant, the property can be…

Updated: February 4, 2015 12:37 IST

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PAC raps I-T dept for surge in uncollected taxes, laxity

Of total uncollected amount, Rs 2.47 lakh crore pertains to top 25 defaulters only, pending at various judicial fora.

December 15, 2014 11:50 IST

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Cobrapost sting: CBDT orders probe against real estate firms over black money allegations

In wake of Cobrapost sting op, CBDT has ordered an I-T dept investigation against a number of real estate…

Updated: November 29, 2014 19:19 IST

Taxman seizes over Rs 135 cr cash, jewellery from Subrata Roy’s Sahara group

Income Tax department has claimed to have seized cash of over Rs 135 crore from the premises of Sahara group.

Updated: November 25, 2014 12:22 IST

Income-Tax seizes over Rs 135 cr cash, jewellery from Subrata Roy’s Sahara group

The Income Tax department has claimed to have seized cash of over Rs 135 crore from the premises of Subrato…

November 24, 2014 22:18 IST

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Delhi BMW crash: Accused Gaganpreet denies all charges, here’s what she told cops – Report

India News39 min ago

In the Delhi BMW crash incident, the accused driver Gaganpreet has denied all charges and claimed that she panicked and took the injured to a known hospital 19 kms away. She was arrested and the victim’s family questions why he wasn’t taken to a nearby hospital. The deceased’s wife alleges that they were deliberately taken to a distant hospital. The investigation is ongoing.

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