Direct Taxes (including International Taxation)

1st December, 2018

Posted by ALOK PATNIA

Income Tax officials conduct...

  Officials of the Income Tax Department today conducted a search operation at the premises of Bhushan Kumar and...

28th November, 2018

Posted by ALOK PATNIA

Two out of five...

      About seven lakh or two out of five of registered companies in India are inactive, either...

23rd November, 2018

Posted by ALOK PATNIA

Income Tax Dept Issues...

Income Tax Dept Issues Notice To Bansals, 35 Other Stakeholders
  Flipkart cofounders, Sachin Bansal and Binny Bansal, after ending the decade-long stint with the company, are now struggling...

23rd November, 2018

Posted by ALOK PATNIA

Service charge not distributed...

Service charge not distributed to staff by restaurants liable to tax
Service charge collected by hotels and restaurants but not passed on to staff and workers will be liable to...

19th November, 2018

Posted by ALOK PATNIA

Over 600 prosecutions in...

Over 600 prosecutions in Panaji for TDS defaults in last 2 years
    In the last two years, over 600 prosecutions were initiated here, with nearly 200 deductors admitting to...

17th November, 2018

Posted by ALOK PATNIA

Department raids Deepak Fertilisers...

Income Tax Department raids Deepak Fertilisers and Petrochemicals Corporation's office premises, plants
Deepak Fertilisers and Petrochemicals Corporation on Friday said the Income Tax department was carrying out search and seizure operations...

15th November, 2018

Posted by ALOK PATNIA

GST Practitioners Enrollment Exam...

For the confirmation of enrollment of Goods and Services Tax Practitioners, otherwise known as GST Practitioners or GSTPs, there will...

15th November, 2018

Posted by ALOK PATNIA

Two crore Indians file...

Two crore Indians file returns but pay zero income tax 
In the last four years, the government’s efforts to widen the tax base resulted in an 80% jump in...

15th November, 2018

Posted by ALOK PATNIA

Income Tax Returns Not...

Income Tax Returns Not Filed In 80,000 Cases Post-Notes Ban
  The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns post-demonetization, despite the...

6th November, 2018

Posted by ALOK PATNIA

Income Tax department to...

Income Tax department to probe use of fake PAN cards in market trading
The Income Tax Department will apparently seek details of trading worth thousand crores and more on equity exchanges which...

1st November, 2018

Posted by ALOK PATNIA

Start-ups in India set...

The Department of Industrial Policy and Promotion (DIPP) is working with the tax department and regulators to ease the...

31st October, 2018

Posted by ALOK PATNIA

Tax sleuths on the...

Tax sleuths on the prowl as GST revenue shortfall looms
Fearing shortfall in revenue from Goods and Services Tax (GST), the government is taking several steps to boost tax...
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