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  1. Business News
  2. About
  3. income tax

Page 82 of Income Tax

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Income tax
Pending tax issues will be referred to Shah panel: CEA Arvind Subramanian

Legacy tax issues like those involving Cairn and Shell can be referred to AP Shah panel for quick resolution, says…

October 4, 2015 15:11 IST
income tax
We do not withhold refunds or scrutinise small taxpayers: CBDT

The Income Tax department does not withhold refunds of small taxpayers nor does it generally select their tax returns for…

October 4, 2015 14:47 IST
arun jaitley
Black money: Non-declarants of foreign assets to face consequences, says Arun Jaitley

Hinting at stringent action against those who failed to disclose foreign black money under compliance window, Finance Minister Arun Jaitley…

Updated: October 4, 2015 16:01 IST
deposit rates
Some debt options you could go for if govt reduces deposit rates

WITH the Reserve Bank of India slashing repo rate by 50 bps to 6.75% on Tuesday, investors who park their…

Updated: October 2, 2015 20:35 IST
Black money
Black money declaration: Income Tax deploys smart software to compile data

A special software, which smartly tabulates large mathematical data, was used by the Income Tax Department to calculate the total…

October 1, 2015 22:54 IST
income tax department
Deadline for e-filing audit reports of some taxpayers extended

Government today extended the deadline for e-filing of income returns and audit reports for a special category of taxpayers, assessed…

October 1, 2015 14:25 IST
Income tax returns filing forms simplified: All you wanted to know in 7 pts

Government has simplified the format and procedures for income tax returns filing format. This change in income tax format has…

October 1, 2015 10:31 IST
tax
Government changes tone on Cairn tax case

The income tax department has written to Cairn Energy saying it will be appointing an arbitrator in the $1.6-billion tax…

October 1, 2015 00:58 IST
India, US set anti-tax evasion deal in motion

India has sent the first set of information about Americans holding financial assets in India to the US revenue authorities

October 1, 2015 00:34 IST
income tax department
Govt simplifies income tax returns filing format for self declaration forms

The Centre has said that it has simplified the format and procedure for income tax returns filing format for self…

September 30, 2015 20:10 IST
Arun Jaitley
Corridors of Power: FM Jaitley finally getting his act together

If he succeeds in cleaning up the retrospective tax mess, it will be a big boost for the Modi dispensation,…

September 28, 2015 00:19 IST
income tax
People with Rs 400,000 income, mofussil residents on Income-Tax Dept radar: CBDT

Those earning Rs 400,000 lakh per annum, besides people in tier-II and tier-III cities with taxable income but not paying…

Updated: September 28, 2015 09:16 IST
India set to amend Income-Tax Act 1961, w.e.f. April 1, 2001

After due consideration of various aspects of the matter, the government has decided that with effect from April 1, 2001,…

September 25, 2015 11:15 IST
foreign companies MAT
Govt to amend Income Tax Act to exempt foreign firms covered by DTAAs

In a big relief to foreign firms, government today said the Income Tax Act will be amended with retrospective effect…

Updated: September 24, 2015 19:02 IST
Govt: No harassment of those coming clean on black money

The government on Monday reassured those wishing to disclose their so-far-unreported foreign wealth that they would not face any harassment…

September 22, 2015 00:41 IST
Editorial: Getting taxpayer friendly

Email correspondence with taxman big step forward

September 22, 2015 00:34 IST
Real Estate Bill
Delay in getting possession of house could have adverse tax consequences

WITH festivals round the corner, builders are enticing home buyers with deals like ‘buy now, pay later’, ‘no VAT/service tax…

Updated: September 22, 2015 14:21 IST
Black money: Declare foreign asset by Sep 30 or face consequences, says FinMin

The Finance Ministry warned that failure to declare an undisclosed foreign asset “will entail severe consequences”, including higher penalty, prosecution,…

September 21, 2015 19:37 IST
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