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
MUMBAI: The service tax department on Thursday arrested Ashok Kotwani, managing director of Ashco Niulab Industries Ltd, for Rs 4.64 crore evasion from April 2007-September 2013. The company, which provides clinical testing and trial services for newly developed drugs and vaccines on human trial
2.26 PM Apr 13th
. "So far PNs issued by the FIIs to overseas investors were not taxed by the Income Tax department. But after deliberations in the finance department, the PN holders may be taxed in the next budget", Shome said at an interaction organised by ICAI here today. (07-April-2014).
1.10 PM Apr 11th
Source:Economic Times - NEW DELHI: The tax department received 232 applications from MNCs in 2013-14, up 60 per cent year-on- year, to obtain advance ruling over pricing arrangement for transactions within group firms and the ensuing tax liability. In 2012-13, 146 companies had applied for Advance
4.24 PM Apr 9th
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
Source:Calcutta Telegraph News - New Delhi, March 26 (PTI): The Tax Administration Reform Commission (TARC), set up by the finance ministry to suggest measures to prevent economic offences among other things, will soon look into the amalgamation of direct tax and indirect tax departments. “In
1.44 PM Mar 27th
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