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 »


Silver Member


SIL Invest  

with the proposed changes in the Income Tax Act, better if some sales take place in this Financial Year itself to avoid paying LTCG in future. this will also justify their action of getting de-classified from promoter category to public category and infuse a moral accountability to increase

about 2 hrs 55 min 55 sec ago


New Member


Assoc Alcohol  

I was looking at AR 2016, of the co there are so many pending litigations against co for pending sales/income tax?? pls comment on this

9.06 PM Feb 24th


Platinum Member


Sun Pharma Adv  

Sun Pharma research arm SPARC gets income tax demand notice for Rs32.87 crore

8.52 PM Feb 24th

BSE/NSE Announcer

Platinum Member


Sun Pharma Adv  

Sun Pharma Advanced Research Company Ltd has informed BSE that the Company is in receipt of a Demand Notice under section 156 of the Income Tax, 1961 demanding the payment by the Company of a sum of Rs.32.87 crores for the Assessment year 2013-14.The Company is contesting the demand

7.06 PM Feb 24th

Wire News

Platinum Member


News Now  

The Income Tax department has registered over 230 cases and attached assets worth Rs 55 crore nationwide as part of its post demonetisation action under the newly enforced Benami Transactions Act.

7.34 PM Feb 22nd


New Member


Artech Power  

Artech, kushal, econo all these are dabba trading, now a days govt is very keen to stop these type of company, recently big scam is unearthed and operators of that companies accepted manipulation, notices of income tax send to investors. Bacho dosto I hv burnt my hand in econo. Rising Growth

11.44 AM Feb 21st


New Member


Compucom Soft  

this stock is a gem, gst is on cards. company`s income tax software is already leader in market. after july it will reach 40.

5.28 PM Feb 20th

100% return

New Member


Ajmera Realty  

I am not agree with the target because no realty firm now have good time and due to new rules and regulation of income tax law, every one want to buy in white and no use of black money in properties. Second the demand also came down continue due to lack of rent and tenants. so i recommended to sell

6.14 PM Feb 18th


Gold Member


Texmo Pipes  

this stock is overvalued. sales have almost doubled in last five years. profit has reduced from 4.21 crore to 3.7 crore. if people have forgotten, income tax seized nearly Rs 25 crore from their office. any further news about that seizure ?

10.44 AM Feb 17th


New Member


NBCC (India)  

there is no benefit from bonus. after declaration of bonus and before the ex bonus date the share prices go up. hni do this for bonus stripping. yesterday they will buy 200 shares @ 290 per share. today thy will sell the 200 shares @ 175. they will show rs115 as loss in their income tax return

10.30 AM Feb 17th

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