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Income Tax Return

Dec 19, 2014 at 22:04 | Source: PTI
While Sebi would further probe these cases, it has also decided to refer the matter to the Income Tax Department, Enforcement Directorate, Financial Intelligence Unit, among other agencies, for necessary actions on their part.
Dec 17, 2014 at 18:10 | Source: Moneycontrol.com
This year you have the opportunity to invest up to Rs 1.5 lakh under section 80 C to save income tax as compared to Rs 1 lakh earlier. It makes sense to start working on your investments now than waiting till March.
Dec 17, 2014 at 10:14 | Source: Moneycontrol.com
Returns given by equity investments decide the returns investors get over and above return of capital. Investors can expect returns in excess of fixed deposits from such schemes
Dec 16, 2014 at 17:14 | Source: Moneycontrol.com
Very often no tax deducted at source (TDS) is taken to mean no-tax liability, which is a big mistake. Individuals have to include interest paid to them without deducting tax at source to their taxable income. On the total income so arrived, they are supposed to pay income tax depending on their income tax slab.
Dec 16, 2014 at 14:58 | Source: CNBC-TV18
R Varadarajan, MD, Repco Home Finance sees 25-30 percent growth in disbursements for balance of FY15 as well as NIM to remain stable at 4.5 percent.
Dec 16, 2014 at 13:37 | Source: CNBC-TV18
Prime Property brings you a shocking story of a former Chief Engineer with the Noida Authority -- the Income Tax department recovered diamonds worth Rs 100 crore, two kilograms of gold and Rs 10 crore in cash from his residence.
Dec 16, 2014 at 13:23 | Source: Moneycontrol.com
In case of a deceased person, the legal heir of the deceased person has to file income tax return for the financial year
Dec 15, 2014 at 13:08 | Source: CNBC-TV18
The SIT team, lead by MB Shah, submitted a report to the apex court stating that of the 628 names, 201 are non residential Indians (NRIs) that are non-traceable leaving 427 to be assessed as actionable cases by the tax regulator.
Dec 13, 2014 at 12:30 | Source: IBNLive.com
The tax department and other agencies including Enforcement Directorate are probing cases involving unaccounted wealth totalling Rs 14,957.95 crore within India.
Dec 12, 2014 at 01:54 | Source: PTI
The Public Accounts Committee said taxes over Rs 4.08 lakh crore were uncollected in FY 2012 and in FY 2013 the amount was Rs 4.86 lakh crore.
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Tax Planning & Help  

Source:VC Circle - Delhi-based ClearSharp Technology Pvt Ltd, owner of ClearTax.in, an online platform for income tax returns in India, has secured an undisclosed amount in funding from Silicon Valley-based startup accelerator Y Combinator (YC). This is YC's first

2.16 PM Jun 26th

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High taxes  

Source:NDTV Profit - For filing income tax returns online, a paper copy of the Income Tax Return Verification (ITRV) form should only be sent through "speed post" to the Central Processing Centre (CPC) of the Income Tax Department in Bengaluru, according to a senior official.

5.25 PM Mar 31st

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Source:Economic Times - NEW DELHI: E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route. The e-filing of returns this financial year saw a jump of 40 per cent

11.09 AM Mar 25th

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High taxes  

Source:NDTV Profit - E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route. The e-filing of returns this financial year saw a jump of

10.47 AM Mar 25th

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Politics  

Under Section 13A of the Income Tax Act, political parties are exempt from paying Income Tax but are required to file their Income Tax returns annually to the Income Tax Department. They enjoy 100% tax exemption from all sources of income. Political parties registered with the Election Commission

8.49 PM Feb 28th

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Chat transcripts from Balwant Jain. Question guest: My total annual income from Bank FDs is less than 2.00 lac. Last year I filed IT return to claim TDS refund. Is it mendatory for me to file IT return this year? Answer: You have to file your income tax return only if your total income from all

6.10 PM Feb 26th

Rupeedesk Tips

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TAX: The Income Tax Department has sent letters to 50,000 permanent account number holders who have not filed income tax returns.

10.39 AM Feb 24th

PharRiyanI

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Tax Planning & Help  

hello lakhotiaji, i have received a notice from I-t department for non filing of income tax returns, for A.Y.2010-11 because of share trans done in that year, but in the notice no section has been mentioned. What should we understand form this & what should be done. thanks

2.42 PM Feb 21st

missunivers
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MF & Taxes  

What our Constitution pomotes is chinddee chor... it means all these Corruption goes on & on .. all govt servants to be perfect asks all citizens not to miss small small items with their filing of all income tax returns also all these TDS on very small amounts only gives birth to corruption & more

11.12 AM Feb 14th

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Legal  

Source:Economic Times - NEW DELHI: In a setback to Tamil Nadu Chief Minister J Jayalalithaa, the Supreme Court today refused to discharge her and her associate S Sasikalaa from three cases against them for not filing income tax returns from 1991-94 and set a time limit of four months to complete

2.52 PM Jan 30th

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Dec 19, 2014 at 06:15 | Source: FirstPost