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Tax Department

May 26, 2015 at 22:06 | Source: PTI
With Yash Birla's name being made public by the Swiss government in relation to an information request from the Indian tax authorities, his business group on Tuesday said he has "no individual bank account in his name or under his control".
May 26, 2015 at 22:06 | Source: PTI
The Income Tax Department should adopt a responsive taxpayer-centric regime and focus on dealing with the menace of both domestic as well as overseas black money, Revenue Secretary Shaktikanta Das has said.
May 26, 2015 at 20:25 | Source: PTI
The Income Tax Department had sent notices to 68 foreign institutional investors (FIIs) demanding Rs 602.83 crore as MAT dues of previous years.
May 26, 2015 at 19:23 | Source: PTI
As per industry estimates, e-commerce business in India was about USD 6 billion in value in 2012 and is expected to reach USD 76 billion by 2021.
May 26, 2015 at 16:48 | Source: PTI
Nokia submitted before a bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva that it was withdrawing the plea seeking permission to urgently sell the unit as the proposed buyer has withdrawn.
May 25, 2015 at 21:22 | Source: PTI
Alexandrov, who was Vice Minister of Foreign Affairs of Bulgaria, is based out of Washington and is associated with law firm Sidley where he deals with international dispute resolution, including investor-state arbitration.
May 22, 2015 at 15:52 | Source: PTI
The revenue and finance department will come together and frame a policy that will prevent illegal smuggling of sand and increase revenue of the state ex-chequer, Revenue Minister Eknath Khadse said yesterday.
May 21, 2015 at 17:42 | Source: CNBC-TV18
CNBC-TV18 exclusively learns that the Income Tax Department will soon issue tax notices to nearly 1300 project-affected persons (PAPs) for gains made on selling developed land allotted to them by the City and Industrial Development Corporation (CIDCO).
May 18, 2015 at 10:30 | Source: PTI
Overseas investors have pulled out nearly Rs 17,000 crore from the Indian capital markets in the first two weeks of the month amid continued taxation worries.
May 13, 2015 at 07:58 | Source: PTI
In monthly budget report, the Treasury Department of US said that the April surplus totaled USD 156.7 billion, up from a surplus of USD 106.9 billion a year earlier. It was the largest surplus since April 2008.
Messages on Tax Department »

Rishabhluck
y

Platinum Member

478 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

478 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

288402 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

89 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

89 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

89 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

584 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

288402 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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