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SC rejects Kingfisher's plea challenging Rs 372 Cr TDS demand

Apr 07, 2015

SC rejects Kingfisher's plea challenging Rs 372 Cr TDS demand

The IT department had initiated proceedings against airlines in 2011 alleging that the carrier failed to remit the TDS from employees' salaries and other payments with the government. #NewsTracker #Supreme Court #Kingfisher Airlines #Karnataka High Court #Tax Deducted at Source #Justice Ranjan Gogoi #Justice NV Ramana
For middle-class to benefit, infra bonds should be tax deductible, not tax-free

Mar 05, 2015

For middle-class to benefit, infra bonds should be tax deductible, not tax-free

Jaitley has given the benefits on a platter to the money bags while thumbing his nose at the middle class #Arun Jaitley #infrastructure bonds #Tax deduction #tax-free bonds #budget 2015
Returns filing: Over 44-lakh high-value spenders on I-T radar

Mar 03, 2015

Returns filing: Over 44-lakh high-value spenders on I-T radar

The taxman tracks high value spenders through its electronic data mining tools and it keeps track of each such transaction till the appropriate taxes are paid in this regard. #NewsTracker #CBDT #Income tax #Revenue #Tax Deduction at Source