Income Tax

May 02, 2016 at 14:40 | Source:
In order to promote transparency, the Central Board of Direct Taxes (CBDT) made all the income tax data public on Friday. Here are the key findings.
May 02, 2016 at 08:54 | Source: PTI
As part of a transparency drive, the government has made public direct tax data for last 15 years. Data for individuals has been published only for 2012-13 assessment year, which shows taxes for income in financial year ended March 31, 2012.
May 02, 2016 at 08:04 | Source: PTI
Income Tax department had over 4.72 crore "effective assessees", including people who filed ITRs, and who paid TDS but did not filed returns, in 2012-13. However, individuals who filed return of income for tax paid accounted for 1 percent of population that year.
Apr 30, 2016 at 12:00 | Source:
The Centre has issued notices to all the people named in the Panama Papers but tax laws do not allow the proceedings to be made public till cases are filed in courts, said Union Finance Minister Arun Jaitley in Lok Sabha on Friday.
Apr 29, 2016 at 18:20 | Source: PTI
Corporate tax collections haverisen nearly 12-fold in last 15 years and personal income tax9 fold but share of direct taxes in the economy has fallen toalmost a decade low of 5.47 per cent, according to direct taxdata published by the government today.
Apr 28, 2016 at 17:13 | Source:
Many individuals do change jobs and they have to face the problem of combining salaries from two employers. Here is how to go about it.
Apr 27, 2016 at 15:37 | Source:
Taxation of gains on sale of shares has been a gray area for long period of time. This article explains the head under which the gains will be taxed.
Apr 27, 2016 at 15:07 | Source:
Even as prices of pulses went through the roof these last few months, the Centre and state governments haven't been sitting idle. After a series of raids, the Maharashtra government has decided to enact a law to cap the maximum prices of the pulses.
Apr 26, 2016 at 20:42 | Source: PTI
The Income Tax department will now add interest amount to a delayed refund made on excess TDS deductions and will also not litigate with the deductor on this issue in the future, a latest directive has said.
Apr 26, 2016 at 18:36 | Source: PTI
Officials said the meeting here chaired by SIT Chairman Justice (retd) M B Shah also reviewed the reports submitted to it by the Income Tax department, FIU and the Enforcement Directorate (ED) in the 'Panama Papers' list case in which at least 500 Indian names have been published.
Messages on Income Tax »


New Member

0 Follower


yes it will be consider as capital loss, as for income tax purpose it`s considered as first in first out.. and price of bonus share is considered zero. if you hold for 1 year from ex bonus, u have zero tax liability. this is called bonus stripping, an effective tool to adjust your capital gains.

1.04 PM Oct 21st

hariom equity

Silver Member


Aarti Ind  


12.35 PM Oct 18th

Delta Corp  

Delta is on income tax radar Sell and exit before too late any time 2 digit..

2.24 PM Oct 17th


New Member



Trump has earned over $250 million from Apprentice series, he ought to pay around $90 million income tax otherwise he will be sitting in the jail right now.

12.17 PM Oct 13th


New Member



Well, Trump has earned over $ 250 million from apprentice series, that is his personal income, he ought to around $90 million to income tax on that, otherwise he will be spending his time in the jail now. Trump business pays property tax/sales tax and what ever mandated by law, ranging to around

12.07 PM Oct 13th


Platinum Member


Sanwaria Agro  

don`t know if anyone read the annual report March 2016.. seems income tax officer estimated 65cr advance tax now VB if estimated advance tax is 65cr actual income should be close to 165cr... we are getting sanwaria agro dirt cheap.. -happy Investing whatsup-indianstock ideas

10.16 AM Oct 13th

BSE/NSE Announcer

Platinum Member


Roselabs Fin  

With reference to the earlier letter dated September 22, 2016 and September 27, 2016, Roselabs Finance Ltd has now informed BSE that Commissioner of Income Tax (Appeals) has disposed of the appeal in favour of the Company. The Company expects written order by this month end.

11.25 AM Oct 12th

Wire News

Platinum Member


News Now  

Direct tax collections during the six months ended September grew about 9 per cent to Rs 3.27 lakh crore, buoyed mainly by personal income tax mop-up.

8.28 PM Oct 10th


New Member


Krishana Fabric  

income tax raid should be done

12.27 PM Oct 10th


Silver Member



Income Tax department closely watching These columns. be carefully you ma soon get notice on your profits declared.

1.57 PM Oct 7th

Explore Moneycontrol

Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.