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Over 600 prosecutions in Panaji for TDS defaults in last 2 years
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on 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...
Action on state’s ‘GST cess’ proposal likely to be delayed
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 19, 2018
The state’s proposal to levy a disaster cess on the Goods and Services Tax (GST) is likely to get delayed. The GST Council had recent...
Department raids Deepak Fertilisers and Petrochemicals Corporation’s office premises, plants
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 17, 2018
Deepak Fertilisers and Petrochemicals Corporation on Friday said the Income Tax department was carrying out search and seizure operations...
HC allows adjustment of wrong payment
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 17, 2018
In what is seen as a major relief for GST assessees, especially dealers, the Kerala High Court has ruled that any GST mistakenly paid u...
Rs 1,200 Crore Fake GST Invoice Scam Busted in Karnataka
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 16, 2018
A scam involving fake GST bills worth Rs 1,200 crore has come to light in Bengaluru. The preventive wing of the south commissionerate of...
Mansukh Mandaviya says that after GST, pharma sector grew 6%
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 16, 2018
Impact of the Goods and Services Tax (GST) on the sector has largely been positive and constructive, he added.After the implementation of...
GST Practitioners Enrollment Exam In December
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on 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 | Last updated on 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 | Last updated on Nov 15, 2018
The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns post-demonetization, despite ...
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