The Public Accounts Committee,while assessing the pharmaceutical sector found lapses in 36 cases in seven states.
17 Feb 2019 12:10 PM
Mody belongs to the Indian Revenue Service (batch 1981) and takes over from Chandra, who has been appointed as an Election Commissioner.
16 Feb 2019 3:25 PM
The Supreme Court on February 6 had confirmed that linkage of PAN with Aadhaar is mandatory for filing of ITRs.
15 Feb 2019 4:25 PM
The assessing officer made the addition after issuing proper show-cause notice and obtaining reply in the matter.
09 Feb 2019 11:35 AM
Above 1.5 lakh persons have declared their annual income over Rs 1 crore till now during in the assessment year 2018-19: Sushil Chandra.
08 Feb 2019 12:52 PM
Income Tax department has so far issued 42 crore PAN, of which 23 crore have been linked with Aadhaar.
07 Feb 2019 3:43 PM
Startups will have to provide account details and return of income for last three years.
07 Feb 2019 12:57 PM
Circular spelt big relief in cases where fresh capital has been issued to a company.
07 Jan 2019 10:37 AM
The Congress party had welcomed the December 31 circular of the CBDT.
05 Jan 2019 5:29 PM
The recommendations of the panel is likely to be included in the final budget for 2019-20.
19 Dec 2018 4:32 PM
Demonetisation has been very good for increasing the tax base of the country.
04 Dec 2018 1:03 PM
Currently, income up to Rs 2.5 lakh per annum is exempt from tax for individuals.
27 Nov 2018 10:56 AM
Father's name in PAN application forms will not be mandatory in cases where mother of the applicant is a single parent.
21 Nov 2018 10:14 AM
The number of salaried taxpayers has increased from 1.70 crore (assessment year 2014-15) to 2.33 crore (AY 2017-18).
22 Oct 2018 5:03 PM
Direct tax collections grew a paltry 4.2 per cent on year to Rs 1.54 lakh crore in April-June.
17 Sep 2018 3:33 PM
Finance Minister also expressed the government's confidence in maintaining a growth rate higher.
17 Sep 2018 10:58 AM
Initially, the government was going slow on enforcement action to give time to the industry to adjust to the new tax regime.
12 Sep 2018 4:35 PM
The Prime Minister directed officials to sensitise their counterparts to be more people-friendly and fast-track their cases.
07 Sep 2018 1:35 AM
Earlier, the CBDT had extended the last date of filing ITR by one month.
28 Aug 2018 7:43 PM
Banned currency notes beyond a certain limit could be held only by the Reserve Bank.
28 Aug 2018 6:48 PM