Income Tax

Aug 27, 2016 at 12:28 | Source: PTI
Himadri manufactures coal tar pitch, chemical oils, carbon black, napthalene, advance carbon, corrosion protection and naphthalene sulphonate.
Aug 25, 2016 at 14:31 | Source: CNBC-TV18
In an interview with CNBC-TV18, Yogesh Jain, MD, PNC Infratech, talked about the company's first quarter earnings and the outlook going forward.
Aug 24, 2016 at 13:24 | Source:
There are a number of income tax provisions, which link the benefits with the time taken to complete the construction of ones property.   Deductions pertaining to repayment of the principal component of a R
Aug 23, 2016 at 18:24 | Source: CNBC-TV18
The bilateral tax treaty helps in avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.
Aug 22, 2016 at 09:08 | Source: PTI
According to the department data, advance tax collection from individuals increased by 134 percent at Rs 1,536 crore during the reporting period from merely Rs 656 crore a year ago.
Aug 22, 2016 at 07:38 | Source: PTI
Terming the suggestion of RTI activist Subhash Agrawal as not feasible, the Ministry of Finance has said, "Political institutions are cornerstones of any democratic set-up and provisions contained in the 13A, 80GGB and 80GGC of the Income Tax Act, 1961 intend to encourage and empower such institutions."
Aug 20, 2016 at 16:47 | Source: CNBC-TV18
Watch the interview of Principal Chief Commissioner of Income Tax Mumbai, DS Saksena and Personal Finance Expert, Harshvardhan Roongta with Surabhi Upadhyay on CNBC-TV18, in which DS Saksena clears the air on the Income Declaration Scheme (IDS) and tells us exactly how it works.
Aug 19, 2016 at 21:34 | Source: PTI
Bulk of individual tax payers haveshown an annual salary income between Rs 5.5-9.5 lakh inreturns for the Assessment Year 2012-13, while only six peopledeclared such income ranging from Rs 50-100 crore.
Aug 19, 2016 at 15:48 | Source: PTI
"It may be noted that requests received after December 31, 2016, for the grant/modification/extension of approval beyond March 31, 2017 under section 35AC of the Income-Tax Act shall not be considered/entertained by the National Committee," the Finance Ministry said in a statement.
Aug 18, 2016 at 20:32 | Source: PTI
The valuation report from a registered valuer will not be questioned by the income tax department for disclosures made under the domestic black money compliance scheme, the CBDT clarified today.
Messages on Income Tax »

Just Posted  

Sir I have given Loan Rs 7 00 000 to an HUF and I m not member of this HUF HUF has credited my account Rs 70 000 towards Interest and HUF has not deducted TDS for the same Now I want to know I have to pay income tax on this interest interest amount will be add in my total taxable income

about 2 hrs 14 min 13 sec ago


Platinum Member



Going by your logic/argument, should the Centre also entrust various tax collections, including income tax, to an agency where 51% is held by non-government entities (where LIC may hold some stake) ? If that is correct, the Central Government can downsize their workforce substantially.

about 2 hrs 26 min 27 sec ago

Adani Ports  

projects. As way of incentive, 100% income tax exemption from income tax is extended to companies investing in port infrastructure. Further, a 10-year tax holiday has been given to enterprises engaged in the business of developing, maintaining and operating ports, inland waterways and inland ports.

about 4 hrs 32 min 22 sec ago


Platinum Member


News Now  

) and notification of the same at the fag end of the tenure of the previous NDA Government. Similarly, if the present GSTN structure is retained, it will open up handing over of income tax and other collection departments to private entities, and thus reduce the size of the central government.

3.30 PM Aug 28th

Wire News

Platinum Member


News Now  

Himadri Speciality Chemical Ltd today said Income Tax authorities have conducted search operation at the company's premises, adding that "no adverse material was found".

12.28 PM Aug 27th


Platinum Member


Tax Planning & Help  

and brought to sensible levels during the 1990s. Now you see the collection figures; the direct tax collections now exceed Rs. 5,00,000 crores. Heavy surcharge is not the answer. Proper usage of collected funds if the basic requirement. Then, fill up all vacancies in the Income Tax Department and start

8.08 PM Feb 9th 2013


Platinum Member


Tax Planning & Help  

This would lead to Super Rich becoming NRI s . Instead , Rich Farmers should be brought under the Income Tax net.

6.41 PM Feb 9th 2013

Web Messenger

Platinum Member



Source:Indian Express - CBI officials recovered another gold brick weighing 1 kg and 400 grams of gold ornaments, at a combined worth of Rs 50 lakh, from the bank accounts and lockers of the tainted Income-Tax (I-T) officer, Rakesh Jain, on Friday. With Friday`s recovery and the previous one ( 2

5.17 PM Feb 9th 2013


Platinum Member


Tax Planning & Help  

good idea scorpio beside d piont u listed black money should be brought back to india and let dere be no income tax in india !!! black money will come out and d same will be of good use!!!! fiscal deficit will be met by d black money received from abroad

1.46 PM Feb 9th 2013


New Member

0 Follower

Tax Planning & Help  

If u tax higher income only because he is earning and showing more income will be counterproductive. He will try all means in the book to save hide and generate black money. We should concentrate towards who are not paying any income tax

12.04 PM Feb 9th 2013

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.