I-t Assessments
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'Will Contest' Says Meesho As I-T Slaps Rs 1,500 Crore Tax Demand Notice
The filing said that the demand order is based on certain additions and adjustments to the income reported by the company.
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Madras High Court Refuses To Quash I-T Notices Against Karti Chidambaram
The Madras High Court on Monday refused to quash the show-cause notice against Karti Chidambaram and others issued by the Income Tax department for the assessment years 2014-15 and 2015-16.
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Madras High Court Bench Recuses Itself In Sasikala Wealth Case
A division bench of the Madras High Court on Tuesday recused itself from hearing the Rs 4.97 crore wealth tax assessment dispute between I-T Department and N Sasikala, close aide of former Chief Minister Jayalalithaa.
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All You Need To Know About Filing I-T Return As March 31 Deadline Approaches
Only a few days are left to file your income tax (I-T) return. The return needs to be filed by March 31, the last day of the current financial year. You need to file I-T returns 2016-17 and 2017-18 by this date. March 31 is also the deadline to file revised returns for Assessment Year 2016-17.
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Deadline For Income Tax Returns Filing Only 10 Days Away. 10 Points
While a substantial number of income tax payers may have cleared their income tax (I-T) liability for the assessment years 2016-17 and 2017-18, but the ones who have not paid as yet can still do so by filing the belated income returns (I-T). Ideally, the salaried individuals are expected to pay the income tax return before July 31 of the year follo...
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LTCG Grandfathered For Residents As Well As Non Residents. 5 Things To Know
The income tax (I-T) department clarifies that the capital gains on listed equities arising up to January 31, 2018 for resident and non-resident assesses have been grandfathered.
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Mere 1.7% Indians Paid Income Tax In 2015-16: Official Data
Just over 2 crore Indians, or 1.7 per cent of the total population, paid income tax in the assessment year (AY) 2015-16, according to data released by the I-T department.
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Nearly 70 Lakh Income Tax Non-Filers For 2015-16 Identified By Authorities
The Income Tax Department has identified an additional 67.54 lakh potential non-filers who carried out high-value transactions in 2014-15 but did not file returns.
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Direct Taxes Board Looks to Connect With Taxpayers Online in Smaller Cases
The Income Tax Department has started a pilot project of using e-mails for sending notices, getting replies as well as carrying out tax assessments in an attempt to make sure taxpayers don't have to visit I-T offices physically in smaller cases.
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'Will Contest' Says Meesho As I-T Slaps Rs 1,500 Crore Tax Demand Notice
The filing said that the demand order is based on certain additions and adjustments to the income reported by the company.
-
Madras High Court Refuses To Quash I-T Notices Against Karti Chidambaram
The Madras High Court on Monday refused to quash the show-cause notice against Karti Chidambaram and others issued by the Income Tax department for the assessment years 2014-15 and 2015-16.
-
Madras High Court Bench Recuses Itself In Sasikala Wealth Case
A division bench of the Madras High Court on Tuesday recused itself from hearing the Rs 4.97 crore wealth tax assessment dispute between I-T Department and N Sasikala, close aide of former Chief Minister Jayalalithaa.
-
All You Need To Know About Filing I-T Return As March 31 Deadline Approaches
Only a few days are left to file your income tax (I-T) return. The return needs to be filed by March 31, the last day of the current financial year. You need to file I-T returns 2016-17 and 2017-18 by this date. March 31 is also the deadline to file revised returns for Assessment Year 2016-17.
-
Deadline For Income Tax Returns Filing Only 10 Days Away. 10 Points
While a substantial number of income tax payers may have cleared their income tax (I-T) liability for the assessment years 2016-17 and 2017-18, but the ones who have not paid as yet can still do so by filing the belated income returns (I-T). Ideally, the salaried individuals are expected to pay the income tax return before July 31 of the year follo...
-
LTCG Grandfathered For Residents As Well As Non Residents. 5 Things To Know
The income tax (I-T) department clarifies that the capital gains on listed equities arising up to January 31, 2018 for resident and non-resident assesses have been grandfathered.
-
Mere 1.7% Indians Paid Income Tax In 2015-16: Official Data
Just over 2 crore Indians, or 1.7 per cent of the total population, paid income tax in the assessment year (AY) 2015-16, according to data released by the I-T department.
-
Nearly 70 Lakh Income Tax Non-Filers For 2015-16 Identified By Authorities
The Income Tax Department has identified an additional 67.54 lakh potential non-filers who carried out high-value transactions in 2014-15 but did not file returns.
-
Direct Taxes Board Looks to Connect With Taxpayers Online in Smaller Cases
The Income Tax Department has started a pilot project of using e-mails for sending notices, getting replies as well as carrying out tax assessments in an attempt to make sure taxpayers don't have to visit I-T offices physically in smaller cases.
