Income Tax Department


'Income Tax Department' - 75 Video Result(s)

'Income Tax Department' - 518 News Result(s)

  • Income Tax Department Had Over 5 Crore Assessees in FY15

    Income Tax Department Had Over 5 Crore Assessees in FY15

    The number of effective income tax assessees has risen to nearly 5.17 crore in 2014-15, from 4.72 crore in 2012-13, a year in which only 1 per cent of India's population filed income tax returns, according to official data.

  • Income Tax Data Disclosed For First Time: Your 10-Point Cheat-Sheet

    Income Tax Data Disclosed For First Time: Your 10-Point Cheat-Sheet

    For the first time, the tax department has made public a solid amount of data on income tax for 16 years, including the earnings disclosed by different categories of people. "It's a big step for transparency," said Prime Minister Narendra Modi. A total of 84 page data has been released and put in the public domain for the first time, an official sa...

  • In A First, Income Tax Data Is Made Public. Here Are The Key Findings

    In A First, Income Tax Data Is Made Public. Here Are The Key Findings

    In a first, Central Board of Direct Taxes (CBDT) has made public a host of hard data on the total number of taxpayers in the country, income disclosed in IT returns by various category of taxpayers and number of Permanent Account Number (PAN) holders in the country for a chosen period of time.

  • Taxman To Consider Third Party Information On Non-Filers

    Taxman To Consider Third Party Information On Non-Filers

    The Income Tax Department will consider information received from third party sources like banks, law enforcement agencies and foreign tax authorities for determining non-filers.

  • Income Tax Department To Pay Interest On Delayed TDS Refund

    Income Tax Department To Pay Interest On Delayed TDS Refund

    The Income Tax Department will now add interest to delayed refunds made against excess TDS (tax deducted at source) deductions and will also not litigate with the deductor on this issue in the future.

  • Black Money Probe Panel Meets To Review Panama Papers, Money Laundering Cases

    Black Money Probe Panel Meets To Review Panama Papers, Money Laundering Cases

    The Special Investigation Team (SIT) on black money today held a meeting and reviewed some important tax evasion and money laundering probe cases like the recent 'Panama Papers' disclosures and those related to bank frauds.

  • All Income Tax Returns Activated For E-filing: Taxman

    All Income Tax Returns Activated For E-filing: Taxman

    E-filing of income tax return for all category of filers for the assessment year 2016-17 has been operationalised.

  • Black Money: Term 'Tax Haven' Banned in Foreign Information Requests, Says Report

    Black Money: Term 'Tax Haven' Banned in Foreign Information Requests, Says Report

    With a number of foreign jurisdictions taking exception to the term "tax haven" being used for them, the Central Board of Direct Taxes (CBDT) has directed that the expression be omitted in treaty communications sent by India eliciting information in black money probe cases.

  • Aadhaar, Net Banking-based Tax E-filing Appeal System Activated

    Aadhaar, Net Banking-based Tax E-filing Appeal System Activated

    Income Tax department has activated the Aadhaar and net banking-based e-filing verification system for taxpayers to file the first appeal before a tax officer, on similar lines of online ITR filing.

  • Aadhaar, Net Banking-Based IT E-Filing Appeal System Activated

    Aadhaar, Net Banking-Based IT E-Filing Appeal System Activated

    Income Tax department has activated the Aadhaar and net banking-based e-filing verification system for taxpayers to file the first appeal before a tax officer, on similar lines of online ITR filing.

  • No Dichotomy Between Assurances And Action On Retro Tax: Jayant Sinha

    No Dichotomy Between Assurances And Action On Retro Tax: Jayant Sinha

    Dismissing notions of contradiction between ministerial assurances and departmental actions on retrospective taxation, Union Minister Jayant Sinha on Thursday said Income Tax department has to follow "due process of law" in the Rs 8,500-crore Vodafone transfer pricing case.

  • Cairn Faces Rs 10,247-Crore Fine On Top Of Rs 29,00 Crore Tax Demand

    Cairn Faces Rs 10,247-Crore Fine On Top Of Rs 29,00 Crore Tax Demand

    In a circular to shareholders, the company said it had on February 4 received "a final assessment order from the Indian Income Tax Department in amount of Rs 10,247 crore plus interest back dated to 2007 totalling Rs 18,800 crore.

  • Income Tax Department Activates e-Filing For More Forms Of Returns

    Income Tax Department Activates e-Filing For More Forms Of Returns

    The Income Tax department today launched the e-filing of income tax returns for a few more category of filers for the assessment year 2016-17 after it operationalised some of them early this week.

  • Taxman to Challenge Court Verdict in Vodafone Transfer Pricing Case

    Taxman to Challenge Court Verdict in Vodafone Transfer Pricing Case

    The Income Tax Department on Wednesday said it will move the Supreme Court challenging the Bombay High Court's order in the Rs 8,500-crore Vodafone transfer pricing case.

  • Ashoka Buildcon Slumps on Reports of Income Tax Raids

    Ashoka Buildcon Slumps on Reports of Income Tax Raids

    Shares of road construction company Ashoka Buildcon slumped as much as 20 per cent to hit 52-week low of Rs 135.70 on Wednesday.

................................ Advertisement ................................

................................ Advertisement ................................