income tax department
IT department to wait till Sept 7 for Walmart to pay tax on Flipkart deal
Walmart Inc had completed acquisition of 77 per cent stake in Flipkart for about USD 16 billion.
Not a picnic place: SC slams IT dept for 'misleading statement'
The bench slapped a cost of RsĀ 10 lakh on the department. It expressed shock that centre, through, has taken matter 'so casually'.
SC comes down hard on IT department, says court is not a 'picnic place'
"You cannot treat the Supreme Court like this," the bench said.
E-filing of Income Tax returns up by 40 per cent
The number is expected to increase, with the last date of filing fixed for August 31.
Tax department allots 1.96 crore PAN cards in Jan-Mar 2018 quarter
The income tax data revealed that there were about 35.94 crore PAN alloted by end December 2017.
FinMin proposes to ease process of getting no tax deduction certificate
The tax department proposes to make changes in Form No 13 and related rules under the Income Tax Act.
Freedom from GST notices: How to avoid mismatches
Govt has gone about its business in a stern manner indeed, mandating a time of 30 days to all businesses who have received a notice.
Only 0.35 pc of I-T returns filed last year to be scrutinised: CBDT
Sushil Chandra said that the department has faith on the income tax payers.
Walmart may approach I-T dept to determine tax liability in Flipkart deal
Walmart last month assured the I-T department that it will fulfil all tax obligations.
IT Dept detects undisclosed income of Rs 125 crore under FATCA
IT Department has recommended penalties under Section 43 of the Black Money Act in over 700 cases.