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Direct Taxes (including International Taxation)
Over 600 prosecutions in Panaji for TDS defaults in last 2 years
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 19, 2018
In the last two years, over 600 prosecutions were initiated here, with nearly 200 deductors admitting to their offence and paying hef...
Department raids Deepak Fertilisers and Petrochemicals Corporation’s office premises, plants
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 17, 2018
Deepak Fertilisers and Petrochemicals Corporation on Friday said the Income Tax department was carrying out search and seizure operations...
GST Practitioners Enrollment Exam In December
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
For the confirmation of enrollment of Goods and Services Tax Practitioners, otherwise known as GST Practitioners or GSTPs, there will be ...
Two crore Indians file returns but pay zero income tax
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
In the last four years, the government’s efforts to widen the tax base resulted in an 80% jump in number of returns filed to 6.85 c...
Income Tax Returns Not Filed In 80,000 Cases Post-Notes Ban
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns post-demonetization, despite ...
Income Tax department to probe use of fake PAN cards in market trading
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 6, 2018
The Income Tax Department will apparently seek details of trading worth thousand crores and more on equity exchanges which have been carr...
Start-ups in India set to get Income-Tax dept, DIPP booster shot
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 1, 2018
The Department of Industrial Policy and Promotion (DIPP) is working with the tax department and regulators to ease the rules and laws for...
Tax sleuths on the prowl as GST revenue shortfall looms
Direct Taxes (including International Taxation) | By ALOK PATNIA | Oct 31, 2018
Fearing shortfall in revenue from Goods and Services Tax (GST), the government is taking several steps to boost tax mop-up as well as a c...
Six Tata Trusts withdraw pleas against Income Tax department notices
Direct Taxes (including International Taxation) | By ALOK PATNIA | Oct 31, 2018
Six Tata Trusts have withdrawn their petitions filed in the Bombay High Court challenging the show cause notices issued against them by t...
Income tax department to allow online filing of forms for tax breaks
Direct Taxes (including International Taxation) | By ALOK PATNIA | Oct 31, 2018
The income tax department said on Monday it will allow online filing of applications for tax breaks to certain entities which at present ...
1,40,139 taxpayers disclosed income above Rs. 1 crore in AY 2017-18
Direct Taxes (including International Taxation) | By ALOK PATNIA | Oct 30, 2018
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 22nd October, 2018 PRESS RELEASE Re...
Adjudicating Authority under Benami Property Act gets cabinet approval
Direct Taxes (including International Taxation) | By ALOK PATNIA | Oct 30, 2018
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the appointment of Adjudicating Authority and establishment o...
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