Income tax department
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Income tax department - Total results - 163
Feb 15, 2017
Get PAN within minutes, pay taxes via mobile app soonThe income tax department is also working on a project to issue PAN to assessees within minutes by way of e-KYC authentication using Aadhaar
Feb 09, 2017
No taxation without representation is an ideal but no raid without disclosure of reason is essential in democracyConfidentiality is essential lest the wily tax evader secrets away his documents and movable properties before the raid party descend on his premises
Feb 07, 2017
I-T department assuages probe concerns, says not to question deposits up to Rs 2.5 lakhThe department has accumulated a large data on deposits made in banks after the government banned old Rs 500 and Rs 1000 notes on November 8
Feb 06, 2017
I-T clarification: SMEs to pay 25% tax even if Rs 50-cr limit crossed in FY17'Concerns have been raised whether a company having breached turnover threshold of Rs 50 crore in 2016-17 or 2017-18 would be entitled to concessional tax rate of 25 percent.
Jan 27, 2017
GAAR to finally take effect from 1 April after 3 year delaySeeking to assuage concerns of investors, CBDT said GAAR provisions shall be effective from assessment year 2018-19 onwards and "shall not be invoked merely on the ground that the entity is located in a tax efficient jurisdiction".
Jan 27, 2017
Vijay Mallya-Diageo $75 mn sweetheart deal: Sebi may order payout for investorsThis is separate from an 'additional payout' that Sebi had ordered Diageo in June last year to pay to the minority shareholders, who had tendered their shares in an open offer in 2012,
Jan 08, 2017
Demonetisation: Banks asked to obtain PAN from account holders by 28 FebruaryAs part of the drive to unearth black money, the government has asked banks to obtain the permanent account number (PAN) or Form 60 if PAN is not available, from all bank account holders by 28 February, 2017, an official statement said on Sunday.
Jan 05, 2017
Sahara papers: Rahul Gandhi flogs dead horse again, shows why he'll always remain a political apprenticeRahul Gandhi belongs to that rare breed of politicians each of whose tactics results in unmitigated gain for their rivals. Not for nothing has he been called BJP's greatest strength and an unflinching ally.
Jan 03, 2017
CBI court remands J Shekar Reddy and four others in Judicial custody till 17 JanuaryA CBI court on Tuesday remanded sand mining baron J Shekar Reddy and four others in judicial custody till January 17 in a fresh case relating to seizure of currency notes from his house here.
Dec 30, 2016
Demonetisation, staff crunch: Why the I-T dept is struggling to complete scrutiny assessmentWith less than 36 hours for the 31 December deadline, the I-T department staff are burning the midnight oil to complete the scrutiny assessment.