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Tax Department

Oct 30, 2014 at 16:22 | Source: PTI
The comments come at a time when a Supreme Court-monitored Special Investigation Team is probing alleged stashing of black money by Indians aboard, including Swiss banks.
Oct 28, 2014 at 16:39 | Source: Firstpost.com
The question to ask is this: if the government has already managed to get dues paid through backroom deals with some (or many) of the HSBC account-holders in Swiss banks, why are we surprised that the names are not coming out?
Oct 27, 2014 at 13:53 | Source: PTI
"We wish to state that this account was opened when he (Pradip) was an NRI, and was legally allowed to open this account," a Dabur spokesperson said in a statement.
Oct 22, 2014 at 20:41 | Source: CNBC-TV18
Pending proposals and promotions and senior level posts that are lying vacant for over six months now has led the income tax department to miss its revenue targets and its income tax collections for the year.
Sep 21, 2014 at 16:16 | Source: PTI
An updated version of the existing website of the Income Tax department-- www.incometaxindia.gov.in-- will now be acting as a "single window" for all activities and online services offered by the I-T department, officials said.
Sep 03, 2014 at 11:11 | Source: Moneycontrol.com
Without going to the tax department the employee is able enjoy tax concession or tax benefit In respect of interest payment on the housing loan direct from the hands of the employer.
Aug 22, 2014 at 18:41 | Source: CNBC-TV18
CBDT chairman KV Chowdary said the department is aiming to recover the tax and a penalty might be imposed as well.
Aug 22, 2014 at 17:44 | Source: PTI
KV Chowdary, Chairman of CBDT said the net income tax collection during the first four months stood at over Rs 1.51 lakh crore after accounting refunds of nearly Rs 54,000 crore
Aug 13, 2014 at 19:00 | Source: CNBC-TV18
Currently, under the Department of Industrial Policy and Promotion (DIPP) there is a portal known as the eBiz portal through which one can get just two clearances online
Aug 06, 2014 at 16:30 | Source: CNBC-TV18
Investigating tax agencies include the Sales Tax, Income Tax and Excise Departments were investigating this for the past two years. The Finance Ministrys Central Economic Intelligence Bureau is expected to submit its report by September.
Messages on Tax Department »

Rishabhluck
y

Platinum Member

480 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

Rishabhluck
y

Platinum Member

480 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

Web Messenger

Platinum Member

246838 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

lonley

Platinum Member

82 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

lonley

Platinum Member

82 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

lonley

Platinum Member

82 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

subasu

Platinum Member

535 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

Web Messenger

Platinum Member

246838 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

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

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

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Oct 30, 2014 at 12:30 | Source: FirstPost
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