Page 83 of Income tax News: Income tax Latest News, Income tax Today news, Income tax Breaking News

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

Income-Tax Dept to catch hold of black money holders after September 30: CBDT chief

All “consequences” of law will follow and the taxman will go after black money hoarders who do not declare their…

Updated: September 21, 2015 18:49 IST

Editorial: Over to AP Shah?

FM may try this route to settle tax disputes

September 21, 2015 00:20 IST

FM Arun Jaitley: Major tax rows to be resolved soon

Retrospective cases may be referred to Shah panel, said Arun Jaitley.

Updated: September 19, 2015 13:11 IST

Tax: Why it is important to report your foreign assets and income

Under the I-T Act, 1961, taxpayers are broadly categorised as Ordinary Resident, Not Ordinarily Resident (NOR) and Non-Resident (NR).

Updated: September 15, 2015 09:52 IST

Income tax refunds to be sent to taxpayers in 7-10 days after Aadhaar card success

In what could be a good news for lakhs of taxpayers, the Income Tax Department will now process and send…

Updated: September 15, 2015 09:12 IST

Taxation: Date of e-filing is what counts for refund purposes

Queries on tax issues, addressed by Abhishek Jain and Achal Chawla of EY

September 11, 2015 00:07 IST

Income Tax dept receives 2 cr returns on e-filing portal till Sep 7

The income tax department has received 2.06 crore returns, up 26.12 per cent, on its e-filing portal as of September…

September 10, 2015 20:24 IST

Taxpayers can raise request for re-issue of refund online

Income tax department has come up with various online services for the convenience of taxpayers. For the refund which is…

September 8, 2015 00:03 IST

Companies up Q1 taxes under new accounting rules

With the new accounting standards for tax purposes coming into force from the first quarter of this fiscal year, companies…

September 7, 2015 00:34 IST

Getting E-Ready

The surge in e-filing of tax returns this year shows taxman’s e-governance delivery is maturing

September 7, 2015 00:21 IST

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Last date for filing Income Tax return extended to Sep 7

Government today extended the last date for filing Income Tax return by a week to September 7.

Updated: September 2, 2015 17:09 IST

CBDT: No extension of compliance window

The government on Monday sought to deliver a strong message to black money holders and ruled out any extension of…

August 11, 2015 01:20 IST

Tax Talk: Some gifts are safe from tax implications under I-T Act

Gifts received in the form of cash, cheque or draft or even gold or property are taxable, if the total…

August 11, 2015 00:05 IST

Govt notifies changes in Income Tax rules to comply with FATCA pact

The Revenue Department has amended income tax rules to provide for reporting of information with regards to financial assets and…

August 9, 2015 14:44 IST

Blackmoney: E-filing link to declare illegal assets launched

The Income Tax department has launched a e-filing link on its official website for declaring illegal foreign assets and black…

July 21, 2015 15:27 IST

Taxing no More

With e-verification, filing I-T returns is finally paperless. Now, to make it mandatory for all

Updated: July 20, 2015 12:44 IST

India, US to share tax info as FATCA becomes fact

India and the US on Thursday struck a bilateral deal to track assets nationals of either country hold in the…

July 10, 2015 01:26 IST

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