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Tax Department

May 24, 2016 at 20:22 | Source: PTI
The Income Tax department, beginning this financial year, has decided to 'name and shame' all category of taxpayers who have a default of Rs one crore and above
May 24, 2016 at 11:45 | Source: CNBC-TV18
The construction company will focus on its roads business, says CFO Paresh Mehta.
May 18, 2016 at 20:48 | Source: PTI
The income tax department has tentatively raised a Rs 10,000-crore demand from Nokia, which the company has contested.
May 18, 2016 at 16:24 | Source: PTI
In order to ensure ease of doing business in the national capital, Delhi government today launched a mobile app for traders to register under the Trade and Taxes Department under which there will be no need for verification of their business premises.
May 16, 2016 at 20:14 | Source: PTI
With 'Panama Papers' showing British Virgin Islands as most-favoured location of Indiansfor offshore accounts, Income Tax Department has asked its field officers to be specific in their information requests to the authorities there and reply promptly to their queries
May 16, 2016 at 17:58 | Source: PTI
The Central Board of Direct Taxes (CBDT) has asked the top brass and regional heads of the tax department to ensure "sufficient publicity and wide newspaper and audio-visual media coverage", including in regional language media, for the scheme.
May 13, 2016 at 17:52 | Source: Moneycontrol.com
Apex court to hear the Income Tax Departments plea against Vodafone India pertaining to the sale of telco's call centre business to Hutchinson Whampoa Properties and assigment of call options to Vodafone International BV.
May 11, 2016 at 21:30 | Source: PTI
Service Tax Department has deferred the auction of liquor baron Vijay Mallya's private jet to recover Rs 535-crore dues to June 29-30, after just one potential bidder showed interest, an official said.
May 11, 2016 at 20:24 | Source: PTI
In a setback to megastar Amitabh Bachchan, the Supreme Court on May 11 allowed the Income Tax department to reopen a tax case against him pertaining to his income for the assessment year 2001-02.
May 11, 2016 at 08:12 | Source: PTI
The company, which is already contesting the original demands at various levels, would also challenge it before the Income Tax Appellate Tribunal (ITAT), Golden Tobacco said in a BSE filing.
Messages on Tax Department »

Rishabhluck
y

Platinum Member

472 Followers

Indian indices  

taxpayers wronglyassume that if TDS has been deducted on the interest earned onfixed deposits and bonds, theydon`t have to pay any more tax. ButTDS on bank deposits is 10% whilethe tax may be 30% if the personearns overs Rs 10 lakh. If he ignores the income from interest,the tax department

8.07 PM Jul 7th 2014

Rishabhluck
y

Platinum Member

472 Followers

Indian indices  

in the Form 16 from your employer with the details in the Form 26AS. If your bank or bond issuer has deducted tax on the interest income, it would be in this statement. You can access the Form 26AS on the Income Tax department`s e- filing portal. Via continue

8.03 PM Jul 7th 2014

Web Messenger

Platinum Member

346909 Followers

Market Advice  

Source:Economic Times - MUMBAI: The Central Board of Direct Taxes ( CBDT), in its action plan for the year 2014-15, has drawn up a time-bound and structured programme for disposal of appeals that are pending with the tax department. If targets set in the action plan are achieved, disputed tax

12.08 PM Jul 3rd 2014

lonley

Platinum Member

95 Followers

Flex Foods  

When I said the truth somebody irritated and removed my message hence re -posting it below Flex group always in controversy .Read the below news published recently in Business standard Income-Tax raids at 37 premises of Uflex Limited unveils Rs 100 crore `scam` Income Tax department today

3.35 PM Jul 1st 2014

lonley

Platinum Member

95 Followers

Flex Foods  

Flex group always in controversy .Read the below news published recently in Financial Express Income-Tax raids at 37 premises of Uflex Limited unveils Rs 100 crore `scam` Income Tax department today carried out raids at 37 premises associated with Uflex Limited in nine cities and claimed

12.32 PM Jul 1st 2014

lonley

Platinum Member

95 Followers

Arrow Coated  

Flex group always in controversy .Read the below news published recently in livemint Income-Tax raids at 37 premises of Uflex Limited unveils Rs 100 crore `scam` Income Tax department today carried out raids at 37 premises associated with Uflex Limited in nine cities and claimed to have found

12.30 PM Jul 1st 2014

subasu

Platinum Member

677 Followers

Tax Planning & Help  

The simplest test for this would be to fill up the new ITR 2 (xml utility available on website of the Income Tax department efiling) and see for yourself whether it calculates the correct tax and offers Rs. 2000 deduction or not. I am an individual and the form deducted Rs. 2000 for me.

4.39 PM Jun 27th 2014

Web Messenger

Platinum Member

346909 Followers

Tax Planning & Help  

Source:Economic Times - NEW DELHI: Cracking its whip, the CBDT has asked the Income Tax department to ensure prompt action in timely redressal of taxpayers grievances which are pending for a long time. The Central Board of Direct Taxes (CBDT), which supervises the functioning of the I-T department

2.48 PM Jun 26th 2014

Other Market Topics  

When you are taxing the consumers with Excise Duty and 15.5% VAT and Service Tax of 12.36% for ALL services, then what is the need of any Income Tax? We suggest the Income Tax to be abolished and disband the Income Tax department. Encourage people with wealth to spend more for luxuries like dinner

3.11 PM Jun 16th 2014

dreamliner7

Gold Member

11 Followers

NDTV  

I-T dept moves to block NDTV`s capital reduction plan Income Tax department has alleged that NDTV concealed material facts from the High Court, including its move to reduce its capital, merger between two subsidiaries and mortgaging property worth Rs50 crore without the I-T dept`s knowledge On 6

11.53 PM Jun 5th 2014

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