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Income Tax

Apr 17, 2014 at 21:46 | Source: PTI
Nokia, which is involved in tax disputes with both the Income Tax department and the state government, earlier this month announced the VRS, saying it was part of its regular review of its manufacturing strategy to optimise and ensure smooth and timely delivery of its products.
Apr 16, 2014 at 18:37 | Source: PTI
The I-T Department had earlier this year restrained Cairn from selling the stake over alleged tax evasion on Rs 24,500 crore of capital gains made when it transfered its India assets to a new company, Cairn India, in 2006-07
Apr 16, 2014 at 17:13 | Source: Moneycontrol.com
The initial action that has been undertaken is by the employer since the income is being received as salary from the employer and based upon the amount received here there is some tax that is deducted at source.
Apr 16, 2014 at 16:59 | Source: Moneycontrol.com
Due to the special nature of duties of the armed forces, certain allowances are paid to meet that requirement. Of these allowances some are subject to tax and some are not.
Apr 16, 2014 at 16:56 | Source: Moneycontrol.com
The provision clearly states that if TDS return is filed late, then under section 234E late fees of Rs 200 per day will have to be deposited before filing TDS / TCS return. Thus, once TDS statement has been accepted without late fee, and then such late fee cannot be recovered later on.
Apr 16, 2014 at 15:28 | Source: PTI
The Central Board of Direct Taxes, sources said, has received a report from the poll body citing delay in the filing of expenditure reports by few political parties as it sought action by the department under the I-T laws.
Apr 16, 2014 at 10:36 | Source: Moneycontrol.com
Equity mutual funds closed in red as the equity benchmarks fell 0.64 percent each on Tuesday as investors booked profits in banking & financials, auto and metals stocks after inflation rose to three-month high and contraction in February industrial output.
Apr 11, 2014 at 22:10 | Source: CNBC-TV18
In a hearing, the additional Solicitor General had said that Vodafone infact tried to suppress facts at the time of the main hearing in the Supreme Court and this is tantamount to a fraud.
Apr 10, 2014 at 21:47 | Source: PTI
Additional Chief Metropolitan Magistrate R Dakshinamurthy, in a brief order, granted two weeks time for further proceedings after hearing arguments of the prosecution and defence counsels.
Apr 09, 2014 at 17:10 | Source: Moneycontrol.com
The investment in Real Estate has got tremendous opportunity of great appreciation in the years to come. Likewise, even the stocks have great opportunity of unprecedented appreciation if we are married to the stock for a considerable long time.
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Cairn India  

Source:Calcutta Telegraph News - New Delhi, April 16 (PTI): Undeterred by the income tax department’s restrictions, Cairn Energy Plc has sought fresh approval from shareholders to sell its 9.65 per cent stake in Cairn India when such curbs are lifted. In January, the income tax department had

12.04 PM Apr 17th

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If a company and a so called company shri cant be on their words, but go back on all what they said and all what they did... such crooks should be dealt with strictly.. wonder by ED & INCOME TAX is taking a back seat in this major visible money laundering act

4.53 PM Apr 16th

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Global News  

Source:Market Watch - NEW YORK (MarketWatch) — State tax returns tend to play second fiddle to the federal return on April 15, but the income taxes that state governments take in throughout the year are important parts of their financial health, and in turn the credit quality of the debt

12.53 PM Apr 16th

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Sir, Money received from overseas Assurance company is exempt from income tax. When I was nri, I had paid money to an skandia assurance company. Now I am resident Indian and I will be paid money in USD every year. Will the payment from this company is taxable income in India.

11.23 AM Apr 16th

GURUR

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Sir, Money received from overseas Assurance company is exempt from income tax. When I was nri, I had paid money to an skandia assurance company. Now I am resident Indian and I will be paid money in USD every year. Will the payment from this company is taxable income in India.

11.23 AM Apr 16th

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Politics  

Source:Economic Times - AHMEDABAD: Armed with out-of-the box manifestos that promise abolition of income tax and unemployment allowance to educated youth, 48 Lok Sabha candidates of 21 lesser known parties have jumped in the poll fray in Gujarat. Some of these parties include Apna Desh Party (ADP

4.24 PM Apr 15th

ipo genius

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Liberty Shoes  

Can you please explain why Liberty shoes do not pay taxes? Under Page 22 of the annual Report in "Contribution to Public Exchequer" they show income tax paid, but the same is not reflected in quarterly numbers. I dont understand this aspect.

2.15 PM Apr 15th

avin 57

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Politics  

or "Bhangoo sahib". The bosses evidently knew what was headed their way. Singh says PACL`s CEO Maj-Gen K.K. Bakshi (retd) abruptly quit about 10 days before the raids began. So is Devinder worried about the future? "Not really," says the manager, "these people are used to trouble. There have been many income

10.52 AM Apr 15th

satbir58

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Politics  

Congress has not done anything for employees ,No merger of DA they have impemented income tax limit not raised , employee ws hevily burden by increase of price rise, in case NDA coming in power they will not be employee friendly then they will be wipe out forever.

9.53 PM Apr 14th

bhusbhac

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Reliance  

What about carry forward loss and offset in income tax. I don`t think investors will see any loss as recurring but break even in three years us what is to be looked at.

11.23 PM Apr 12th

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Apr 17, 2014 at 03:17 | Source: Calcutta Telegraph News
Apr 16, 2014 at 11:50 | Source: FirstPost
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