May 22, 2020 6:14 pm
The refund process, which is being done as part of efforts to make liquidity available with people and firms to deal with the pandemic has been further expedited at a greater pace since Finance Minister Nirmala Sitharaman's announcement made in the 'Atmanirbhar Bharat Abhiyan' last week.
March 30, 2020 5:26 pm
Rakesh Gupta, Commissioner of Income Tax (Coordination & Systems), Central Board of Direct Tax (CBDT), last week asked field formations to submit a daily report on follow-ups on pending tax collections from large taxpayers.
March 10, 2020 8:05 am
According to the complaint, Kumar, who was deployed from Infosys to work as an accountant and data manager at the CPC, allegedly contacted a tax assessee whose refunds were held up and offered to get the money released within a week on payment of four percent.
February 15, 2020 3:53 pm
The deadline for linking of PAN and Aadhaar has been extended several times and the current deadline ends on March 31, 2020.
February 15, 2020 1:51 am
The I-T Department put out the details following comments of Prime Minister Narendra Modi on Wednesday, highlighting the less number of taxpayers declaring income over Rs 1 crore.
February 07, 2020 7:38 am
I-T searches started Wednesday morning at the premises of AGS Cinemas and Chezhiyan, and led to Vijay by noon, when I-T sleuths arrived at a film set in Neyveli where the actor was shooting for the under-production Master.
December 25, 2019 1:37 pm
The Ahmedabad-bench of National Company Law Tribunal (NCLT) had earlier this year granted permission to the composite scheme of arrangement, through which two companies were proposed to be demerged -- Jio Digital Fibre Pvt Ltd and Reliance Jio Infratel Pvt Ltd.
December 14, 2019 12:16 pm
In August 2017, HC had stayed the sale, transfer, alienation or encumbrance of the Dera properties after it said that a decision will be taken whether damages can be recovered from the Dera for the arson caused by its followers.
December 08, 2019 1:13 am
The Department in a statement on Saturday said it estimated the trade in illiquid stock options by such stock brokers/traders to have resulted in artificial losses/profits to the tune of Rs 3,500 crore by executing reversal trades within a very short span of time.
December 03, 2019 9:38 pm
The income tax department has processed up to 20 per cent more refunds over the last year as a Centralised Processing Centre (CPC) has expedited the process, officials said.
June 22, 2020 7:14 pm