Tax Your Brain: Expert speak
May 6, 2013
VBS files: Steel and other ministries paid
Oct 13, 2012
The 'VBS' files bombshell: ISPAT payoffs to steel ministry?
Oct 12, 2012
Vodafone moves Supreme Court on penal action by IT Dept
Apr 5, 2011
MakeMyTrip gets Rs. 28 crore tax demand notice
Press Trust of India | Wednesday June 19, 2013
MakeMyTrip has filed its objections before the Commissioner of Income Tax (Appeals) on May 30, 2013.
File TDS on time or be ready to cough up Rs 1 lakh
Wednesday June 5, 2013
Similarly, the penalty would be between Rs 10,000 to Rs 1,00,000 for furnishing incorrect information or failure to file the collection statement within the due date.
I-T department sends letters to 35,000 assessees for not filing returns
Monday May 27, 2013
Continuing its drive against non-filers, the income tax department sent letters to another 35,000 such assessess for not filing tax returns, taking the total number of these letters to 1.75 lakh.
Tax department will continue sending letters to non-filers: Finance Ministry
Monday March 25, 2013
Encouraged by positive results, Finance Ministry today said it will continue to send letters to assesses, who do not file income tax return. "We have been sending letters. We are getting results. The number of returns filed are showing an increase. W...
New forms for I-T returns to be notified by March-end
Friday March 15, 2013
New forms for filing of income tax returns for the assessment year 2013-14 are proposed to be notified by the end of this month.
Special court issues summons to Vijay Mallya on tax dues; Kingfisher terms it illegal
Friday February 22, 2013
Beleaguered Kingfisher Airlines has hit out at the Income Tax department for filing a criminal case demanding Rs 74.94 crore as tax deducted at source from salaries of its employees, terming it as infructuous and illegal.
Britney Spears' ex husband owes $57,615.39 in back taxes
BANG Showbiz | Monday February 18, 2013
A federal tax lien was filed against the Britney Spear's second husband Kevin Federline on February 14th, claiming he owes $30,517.16 for outstanding income tax.
How tax evasion can land you in trouble
Thursday February 7, 2013
Tax evasion, an illegal activity, entails not filing income tax returns altogether or misrepresenting the amount taxable. It is different from tax avoidance, which is a legal activity. In tax avoidance, tax laws help reduce the amount payable as tax.
Time to file tax returns: 10 very useful tips
Thursday February 7, 2013
Even though tax has been deduced and there is no other source of income, or liability to pay tax, employees have to file income tax returns.
Nearly 70 per cent of Pakistani lawmakers don't file taxes: Group
Reuters | Wednesday December 12, 2012
Almost 70 per cent of Pakistani lawmakers did not file income taxes last year, an investigative journalism group said on Wednesday, highlighting deep flaws in a taxation system that has drawn repeated criticism from Western aid donors.
Subramanian Swamy seeks derecognition of Congress, files plea before Election Commission
Edited by Amit Chaturvedi | Saturday November 3, 2012
Alleging that the Congress has confessed to its 'loan crime', Janata Party president Suramanian Swamy today filed a plea before the Election Commission of India seeking derecognition of the Congress party. In a letter to the Election Commission, Mr S...
The Virbhadra controversy and BJP's charges: 10 latest developments
Edited by Abhinav Bhatt | Tuesday October 23, 2012
The BJP has accused former union minister Virbhadra Singh of corruption, forgery, money laundering and faking income tax records. It has also demanded a special investigation team (SIT) to investigate the allegations, on the grounds that it doesn't "...
The Virbhadra Controversy and BJP's charges: 10 latest developments
Edited by Prasad Sanyal | Tuesday October 23, 2012
The BJP has accused former union minister Virbhadra Singh of corruption, forgery, money laundering and faking income tax records, after reports of unaccounted money in his income tax returns and the affidavit of assets he has filed for the Himachal ...
Arun Jaitley on 'VBS' files: How unaccounted money landed up in a ghost account in Shimla?
Edited by Prasad Sanyal | Tuesday October 23, 2012
Keeping the pressure up on the Congress after NDTV's expose of former Union minister Virbhadra Singh, the BJP today accused him of corruption, forgery, money laundering and faking income tax records. It also demanded a special investigation team (SIT...
The VBS files: Arun Jaitley demands probe by Special Investigating Team
Edited by Amit Chaturvedi | Tuesday October 16, 2012
Senior BJP leader Arun Jaitley has asked for a probe by a Special Investigating Team or SIT into the NDTV expose last week on documents seized by the income tax department that listed payments made in cash to several government officials in the steel...