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
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
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
) 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
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
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
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
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